Victor Rivera

Victor Rivera Email and Phone Number

CHIEF SALES OFFICER | Head of Strategy | CMO | Global Financial Services | MBA | P&L Management | Growth Strategy | Business Transformations | New Market Entry | Customer Acquisition @ Huntington Distribution Finance - North America
Victor Rivera's Location
Greater Chicago Area, United States, United States
Victor Rivera's Contact Details

Victor Rivera personal email

About Victor Rivera

With more than 20 years of leadership experience in the global finance services sector, I have a demonstrated track record of launching new businesses, revitalizing underperforming organizations, achieving rapid results with limited resources, and delivering top line growth and profitability. As Chief Sales Officer at Huntington Distribution Finance, I was instrumental in doubling our loan portfolio from $3B to $6B and boosted employee productivity by 364% in <4 years.As Strategy Leader at Wells Fargo Commercial Distribution Finance, I increased the addressable market from $18B to $27B and delivered $70M in new loans.As Head of Global Commercial Operations at GE Capital Industrial Financing Solutions, I played a vital role in winning $200M in new credit lines with global customers.As Managing Director of Retail Programs at GE Money Mexico, I launched and led our new retail credit card business, generating $14M+ in net profit (exceeding the target by 20%+).And as General Manager of Central Mexico at GE Supply Mexico, I exceeded my revenue target by 12% while delivering positive net income for the 1st time in the business's history.► AREAS OF EXPERTISEP&L Leadership ♦ Business Development ♦ Go-To-Market Strategy ♦ New Product Launch ♦ Relationship Management ♦ Consultative Sales ♦ Sales Enablement ♦ Training & Mentorship► OPEN TO NETWORKING OPPORTUNITIES

Victor Rivera's Current Company Details
Huntington Distribution Finance - North America

Huntington Distribution Finance - North America

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CHIEF SALES OFFICER | Head of Strategy | CMO | Global Financial Services | MBA | P&L Management | Growth Strategy | Business Transformations | New Market Entry | Customer Acquisition
Victor Rivera Work Experience Details
  • Huntington Distribution Finance - North America
    Chief Sales Officer (Cso)
    Huntington Distribution Finance - North America Oct 2019 - Present
    Schaumburg, Il, Us
    As Chief Sales Officer, I serve as a strategic partner to original equipment manufacturers (OEM channel) by providing inventory finance (wholesale) for the entire OEM dealer network as well as to individual dealers (dealer-direct channel) across a variety of industries. I have also been selected as a member of Huntington Commercial banking’s 10-person Diversity, Equity & Inclusion Committee.FINANCIAL OUTPERFORMANCE / BUSINESS TRANSFORMATIONS► Doubled overall loan portfolio / assets from $3B to $6B in <4 years. ► Boosted productivity 364% in terms of new loans / employee from $75M to $270M.► Created industry verticals and forged team of industry-focused subject matter experts responsible for winning new business as well as maintaining / growing existing relationships. ► Revamped compensation, tying renumeration to overall profitability of business (v. new business wins).OEM PROGRAMS► Reallocated resources to 7 core industries (lawn & garden, power sports, marine, RV, specialty vehicles, golf, and outdoor products) and won 9 new multi-year exclusive programs, generating incremental $626M in assets.► Won 5 new programs in Australia / New Zealand in Q1 2024, growing dealer base from 120 to 500 and assets from $70M to $180M.DEALER-DIRECT BUSINESS► More than doubled assets from ~$480M to $1.1B, exceeding targets in every year by average of 10%. ► Onboarded 100+ new dealers, improved credit utilization from 50% to 59%, and reduced dormancy from 24% to 9%.► Executed strategic pivot to focus on larger, financially stable customers, slashing net charge-offs from 0.83% to 0.
  • Wells Fargo Commercial Distribution Finance
    Head Of Strategy
    Wells Fargo Commercial Distribution Finance Oct 2017 - Oct 2019
    In this position, I developed our growth strategy and led key initiatives for the company’s top 3 industry verticals (marine, RV, and electronics & appliances).Some of the key ways in which I made a difference include:► Increased addressable market from $18B to $27B by launching new products and expanding inventory finance from initial focus on new assets to include both rental and pre-owned vehicles.► Launched multiple new products, grew customer wallet share, and improved customer retention, delivering $70M in incremental new loans / assets.► Grew annual revenues from $144M to $150M and net receivables from $6.5B to $7.3B.► Successfully retained 2 largest customers (representing $2.2B in assets) during renewal of multi-year OEM programs. ► Selected to co-lead diversity, equity & inclusion efforts across greater Chicago metropolitan area.
  • Ge Capital Industrial Financing Solutions
    Head Of Global Commercial Operations
    Ge Capital Industrial Financing Solutions Mar 2016 - Sep 2017
    As Head of Global Commercial Operations, I drove sales enablement for the captive financing arm supporting all of GE’s industrial businesses worldwide. I reported directly to the Global Chief Marketing Officer while leading a 6-person global sales operations team.My impact on the business:► Identified market opportunity to capture incremental business by pre-qualifying strategic accounts, winning $200M in new credit lines with global customers.► Led customer segmentation project for GE Lighting, resulting in identification of $300M new leases opportunity.► Generated $250M in incremental sales leads with GE Oil & Gas and $27M in cross-selling revenues. ► Recruited and trained 80+ sales reps across North America, Latin America, Europe, Africa, and Asia.
  • Ge Bently Nevada
    Head Of Strategy & Marketing
    Ge Bently Nevada Mar 2014 - Mar 2016
    As Head of Strategy & Marketing, I served as liaison between the customer and the product development team for a producer of protection systems monitoring the mechanical condition of rotating equipment in a variety of industries including oil & gas, power generation and other industrial markets. I supported the business across North America, Latin America, Europe, Russia, Africa, China, Asia, and Australia / New Zealand while leading 4 employees.My best achievements were:► Doubled addressable market from ~$4B to $8B by expanding into new industries such as mining, water treatment, and pulp & paper, reducing former reliance on oil & gas sector. ► Redesigned new product introduction process and launched Ranger Pro wireless conditioning monitoring sensor, capturing $12M in pre-orders. ► Navigated through 60% plumet in oil prices from $100 to just $60 / barrel by creating culture of consultative sales and developing employees to serve as strategic advisors to clients, experiencing 25% decline in revenues v. average 50% decline in sales of competitors.
  • Ge Capital Equipment Finance Ltd.
    Head Of Strategy & Marketing
    Ge Capital Equipment Finance Ltd. Jul 2010 - Mar 2014
    Responsible for developing and leading strategic plans and marketing initiatives to grow program, increase leases and loans originations and increase finance penetration with dealer network.
  • Ge Capital Equipment Finance Ltd.
    Head Of Strategy & Marketing Latin America
    Ge Capital Equipment Finance Ltd. Jan 2008 - Jun 2010
    Led all Strategy & Marketing functions for five commercial equipment leasing verticals in Mexico and Latin America.
  • Ge Money Bank
    Managing Director Retail Programs
    Ge Money Bank Jun 2003 - Jan 2008
    Prague, Czech Republic, Cz
    General Manager with P&L responsibility for retail programs.
  • Ge Supply México, S. De R.L.
    General Manager
    Ge Supply México, S. De R.L. Jun 1996 - Jul 2003
    General Manager of Central Mexico operations with full P&L responsibility.

Victor Rivera Skills

Crm Business Development Strategy Management Strategic Planning Segmentation Leadership Business Strategy Cross Functional Team Leadership Marketing Strategy Marketing P&l Management Program Management Six Sigma Financial Analysis Customer Insight Product Development Sales And Marketing Leadership Financial Services Product Marketing Product Management Portfolio Management Credit Cards Value Propositions Commercial Banking Process Improvement Retail Banking Npi Management

Victor Rivera Education Details

  • Thunderbird School Of Global Management
    Thunderbird School Of Global Management
    Mba
  • Ge Executive Leadership Program
    Ge Executive Leadership Program
    Ge Supply - Distribution & Sales Corporate Training Program
  • Itesm Cem
    Itesm Cem
    Industrial & Systems Engineering

Frequently Asked Questions about Victor Rivera

What company does Victor Rivera work for?

Victor Rivera works for Huntington Distribution Finance - North America

What is Victor Rivera's role at the current company?

Victor Rivera's current role is CHIEF SALES OFFICER | Head of Strategy | CMO | Global Financial Services | MBA | P&L Management | Growth Strategy | Business Transformations | New Market Entry | Customer Acquisition.

What is Victor Rivera's email address?

Victor Rivera's email address is vi****@****fif.com

What is Victor Rivera's direct phone number?

Victor Rivera's direct phone number is +131244*****

What schools did Victor Rivera attend?

Victor Rivera attended Thunderbird School Of Global Management, Ge Executive Leadership Program, Itesm Cem.

What are some of Victor Rivera's interests?

Victor Rivera has interest in Photography, Golf, Spending Time With My Kids, Music, Sports, Food, Travel, Wine.

What skills is Victor Rivera known for?

Victor Rivera has skills like Crm, Business Development, Strategy, Management, Strategic Planning, Segmentation, Leadership, Business Strategy, Cross Functional Team Leadership, Marketing Strategy, Marketing, P&l Management.

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