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I am a VP of Financial Services Company, with success co-founding Diesel Leasing and FinancialService Company for Doggett Equipment Services Group. I grew the portfolio substantially despite thepandemic, exceeding profit goals within eighteen months through strategic relationships, executinggrowth strategies, approving complex transitions, and building an entire financing process from scratch.My career background includes eighteen years of diverse leadership experience at Mercedes-BenzFinancial Services USA LLC. /Daimler Truck Financial. I managed a staff of sixty with oversight of an $8Bcredit portfolio in my most recent role at Mercedes-Benz. I led commercial credit and an collections for the U.S. and Regional credit for Canada, Mexico, Brazil, and Argentina.The result?* Managed delinquency to less than 1% on an $8B portfolio.* Earned management satisfaction score of 100% — “Great Places to Work.”► Sales Leader and Relationship BuilderA thread throughout my career journey is building strategic relationships and developing staff.I directed teams to achieve record-breaking portfolio growth even during difficult economic times.Success came from prospecting C-Level executives and training staff to complete detailed financialanalysis to understand customer opportunities and how to capitalize on every deal.Sales Highlights* Mercedes-Benz- Grew fleet portfolio 50% in two years.- Earned top marks for customer and dealer satisfaction.- Navistar, Ranked #2 in sales nationwide.► Operations ManagerA management strength is driving operations to increase sales and protect investments bydesigning/implementing best practices for financial and credit risk analysis, underwriting, risk, funding,servicing, collecting, and remarketing.Process Improvement Impact:* Completed $1M deals in <24 hours.* Closed deals up to $40M within five business days.► Organizational LeaderAs a people manager, I strive to bring out the best in people by being my most authentic self, using corevalues:* Create an environment of TRUST that inspires everyone to be customer-centric and workcollaboratively towards a common goal.* Have the COURAGE to take on challenging projects, but with the understanding that mistakes happen,and use them for learning and growth.* Embrace DIVERSITY, EQUITY, AND INCLUSION to create the best possible work culture where everyoneis empowered to make a difference and feels their ideas are heard.Let's connect if you enjoy discussing how to maximize credit operations for the benefit of yourcustomers.Joseph Risbergjoerisberg@gmail.com
Diesel Leasing And Financial Services
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Vice PresidentDiesel Leasing And Financial Services Sep 2019 - PresentHouston, Texas AreaCOMPANYDiesel Leasing & Financial Services a company focused on equipment lending for Doggett Equipment Services Group.CHALLENGEI joined a startup finance company to support several commercial equipment brands targeting the Southwest United States. The mission was to grow a portfolio rapidly and turn a profit within eighteen months.Luckily, the pandemic did not severely impact the transportation industry, so I established regional relationships, planned, and executed the growth strategy, and approved complex transactions.In addition to meeting sales goals, I had to build an entire credit financing process and infrastructure from scratch.ACHIEVEMENTS* Within the first year, generated positive net returns and achieved a net profit of $1.5M after two years.* Grew portfolio from $0 to $90M in less than two years with no losses and 0% delinquencies. * Ensured company had disciplined credit approval processes: credit analysis, underwriting, risk, funding, servicing, collecting, and remarketing.
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Senior Manager Commercial CreditMercedes-Benz Financial Services Usa Llc Nov 2015 - Aug 2019Dallas/Fort Worth AreaCOMPANYA captive finance company for a global brand, servicing commercial customers of over the road transportation industry.CHALLENGEI directed 60+ analysts and managers with credit and collections oversight for business throughout the U.S.; as well as Regional Credit responsibility for Canada, Mexico, Brazil, and Argentina. We were accountable for credit underwriting and managing an $8b commercial portfolio. In addition to sales and portfolio management rollouts. In this role, I had to wear both a sales and operations hat, supporting a massive business transformation involving system changes and new technology. I am proud of ensuring we did not drop the ball with customer service while changing technology platforms. I also focused on developing my direct reports and preparing them for their next position in the organization, resulting in three direct report promotions. After building a customer-centric work culture, the team seamlessly earned high customer satisfaction scores even with these internal staff changes.ACHIEVEMENTS* Managed delinquency to less than 1% on an $8B portfolio.* Improved ability to turnaround deals promptly; Completed $1M deals in < 24 hours; Closed deals up to $40M within five business days.* Earned Direct Manager Satisfaction scores of 100% — "Great Place to Work." —and managers -
Senior Manager, Regional Finance ManagerMercedes-Benz Financial Services Usa Llc Mar 2013 - Nov 2015Overland Park, KansasCHALLENGEI coached and led a team of four district sales managers servicing 28 dealer groups with 55 sales locations and various independent dealers in 10 states throughout the Midwest. Responsibilities included maintenance and growth of a $1B retail and $800M dealer portfolios.A significant problem in this role was achieving a harmonious regional approach to all dealer transactions. A united approach was needed to overcome a strategic disadvantage regarding the interest rates we could offer. Despite these challenges, relying on customer-focused value and processes, we developed and maintained strategic relationships that led to enormous growth. ACHIEVEMENTS* Built a high-performing team growing fleet portfolio by 50% in two years.* Earned 95% of customer satisfaction scores annually.* Grew sales leaders’ talents, resulting in three earning promotions. -
Regional Fleet Credit ManagerMercedes-Benz Financial Services Usa Llc Aug 2010 - Feb 2013Dallas/Fort Worth AreaI led a team of 7 analysts responsible for researching, underwriting, and providing recommendations on credit requests over $750k. We prepared and presented detailed credit analysis and advice to executive and senior management on files ranging from $20M to $450M.I was thrilled to achieve record-breaking growth in the portfolio after coming out of the financial crisis of 2008. Success came from training and mentoring the analysts to complete an in-depth financial statement analysis to understand credit opportunities. The analysis process led to a deeper understanding of the customer's unique situation and how to capitalize on every deal. ACHIEVEMENTS* Advanced Fleet Portfolio > 50% in two years.* Presented and obtained funding from the Germany Board of Management -
Senior Dealer Relations ManagerMercedes-Benz Financial Services Usa Llc Jul 2007 - Jul 2010Greater St. Louis AreaCHALLENGEI covered Illinois, Missouri, and Arkansas territory with accountability for deals ranging from $100K to $100M. I managed a dramatic shift in business after Daimler's separation from Chrysler. We maintained and grew relationships during this uncertain time by creating a customer-centric team approach with collaborative internal teamwork. We honored previous commitments and built unique solutions to a new challenge. ACHIEVEMENTS* Earned above-target returns for $125M+ assets. * Recognized with top marks for dealer satisfaction. -
Retail Credit ManagerMercedes-Benz Financial Services Usa Llc Apr 2006 - Jun 2007Orlando, Florida AreaCHALLENGEI relocated to Florida and managed a territory where I was unknown to the regional staff. I managed nine staff and wrote credit policies and procedures for $1B+ state of Florida, Chrysler financial portfolio. I garnered team trust quickly by representing their thoughts and concerns to upper management, securing quick wins on staffing and workload. -
Senior Dealer Wholesale AnalystMercedes-Benz Financial Services Usa Llc Jan 2005 - Jun 2006Greater Chicago Area -
Credit Manager - Business Vehicle FinanceMercedes-Benz Financial Services Usa Llc Jun 2001 - Feb 2005Greater Chicago AreaCHALLENGEThe promotion was an executing and unique opportunity to develop a new business venture within a company. I managed a talented team of thirteen staff to develop and implement credit policies and procedures for the new business to follow daily. Working in a collaborative setting, we exceeded the business plan dramatically.ACHIEVEMENT* Grew portfolio from $20M to $300M in two years. -
District Sales ManagerMercedes-Benz Financial Services Usa Llc Jul 2002 - Feb 2003Indianapolis, Indiana Area -
Fleet Credit AnalystMercedes-Benz Financial Services Usa Llc Jun 2001 - Sep 2002Greater Chicago Area -
Wholesale Remarketing ManagerNavistar Inc Jan 1999 - May 2001Greater Chicago AreaCHALLENGEThe assignment was my first multi-eight state territory opportunity to achieve profitable liquidation of off-lease and trade back assets. The position required me to leverage all internal working relationships to maximize my time and effort. I needed to learn the details on many different variations of assets because we were not limited to the type of vehicle to lease or trade. Successful in both avenues, I earned a top 2 national sales ranking.ACHIEVEMENT* Developed territory from under $1M to over $4M in the first year. -
Business AnalystNavistar Inc Sep 1998 - Dec 1999Greater Chicago Area -
Collections SpecialistNavistar Inc Jan 1998 - Dec 1998Greater Chicago Area -
Lease Maturities AnalystNavistar Inc Jan 1997 - Dec 1998Greater Chicago Area
Joseph Risberg Skills
Joseph Risberg Education Details
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Finance And Financial Management Services -
Pre-Law Studies -
Accounting
Frequently Asked Questions about Joseph Risberg
What company does Joseph Risberg work for?
Joseph Risberg works for Diesel Leasing And Financial Services
What is Joseph Risberg's role at the current company?
Joseph Risberg's current role is Vice President at Diesel Leasing and Financial Services ► Credit Risk Executive ► Credit Sales Executive ► Credit Portfolio Growth Manager ► Collections Manager ► Balance Risk and Reward ► Develop Teams & Staff Talent.
What is Joseph Risberg's email address?
Joseph Risberg's email address is j.****@****att.net
What is Joseph Risberg's direct phone number?
Joseph Risberg's direct phone number is +195264*****
What schools did Joseph Risberg attend?
Joseph Risberg attended Depaul University, Indiana University Bloomington, University Of Illinois At Chicago.
What skills is Joseph Risberg known for?
Joseph Risberg has skills like Financial Services, Finance.
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Joseph Risberg
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Joe Risberg
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