Victoria Robbin Email & Phone Number

Boston, Massachusetts, United States

Ipswich, Massachusetts, United States

Beverly, Massachusetts, United States

Assist a motorcycle loan servicer create an asset management department to manage titles, insurance requirements and the repossession process including liquidation. Evaluate current policies and procedures and augment to meet companies changing product lines . Evaluate team members and develop job descriptions for existing positions and future requirements. Assess loan management system and reporting capabilities and develop a series of reports for management with developers

Danvers, Ma

Parent Company, Carfinco, was acquired by Santander in 2015 requiring the divesture of Persian Acceptance Corp. to Serruya Equity. In 2016 Serruya Equity elected to cease operations and collect out PAC’s $45M portfolio. Selected by Directors to oversee the process requiring the payback of a $25M line of credit to Wells Fargo, $5.6M of Subordinated Debt and capital investment to ownership. • Work with leadership to create a forecast of the closure process to determine staffing, budget and… Show more Parent Company, Carfinco, was acquired by Santander in 2015 requiring the divesture of Persian Acceptance Corp. to Serruya Equity. In 2016 Serruya Equity elected to cease operations and collect out PAC’s $45M portfolio. Selected by Directors to oversee the process requiring the payback of a $25M line of credit to Wells Fargo, $5.6M of Subordinated Debt and capital investment to ownership. • Work with leadership to create a forecast of the closure process to determine staffing, budget and repayment structure of line of credit, subordinated debt and capital.• Coordinate with ADP the layoff of all Management, Sales, Underwriting, IT and select Administration, Accounting, Collection and Liquidations staff. Evaluate remaining staff and create a down-sizing plan to cover the next 3 years. Adjust responsibilities to ensure no gaps in daily operations. Determine pay plans, retention bonus structure and incentive plans. • Decommission existing facility and relocate company to smaller space with short term leases twice to accommodate reduced staff levels. Coordinate all required services and move of all employees.• Coordinate with Wells Fargo changes to existing covenants and repayment schedule to accommodate changes in collections and asset disposition in order to maximize cash collected. • Assess current collection protocols, delinquency position, non-performing accounts, repossession inventory levels, status of assets and outstanding insurance claims. Make appropriate changes to policy to collect more efficiently, expedite insurance settlements, and reduce inventory levels.• Evaluate Recourse Dealer obligations, coordinate with Corporate Counsel to pursue debts owed under current agreements. • Work with Accounting firm, registered agent and various state agencies on year-end audits, tax prep, license renewals and state withdrawals and overall closure process. Show less

•Responsible for the conversion of the company’s loan management system to Shaw Systems. Included the research and vetting of new platform and the coordination of vendor’s project team, company’s developer and support staff. Coordinated the development of custom workflows to be programmed to increase efficiency. Provided third party integration with Sage 50, PaymentVision, PayNearMe, FSSI and Wells Fargo. Created specifications for custom reports and staff. Provide ongoing system support and… Show more •Responsible for the conversion of the company’s loan management system to Shaw Systems. Included the research and vetting of new platform and the coordination of vendor’s project team, company’s developer and support staff. Coordinated the development of custom workflows to be programmed to increase efficiency. Provided third party integration with Sage 50, PaymentVision, PayNearMe, FSSI and Wells Fargo. Created specifications for custom reports and staff. Provide ongoing system support and development. •Member of transition team involved with the acquisition of the company by Carfinco Financial Group including creation of various analyses for due diligence review, review of US compliance procedures with outside counsel and production of supporting materials for closing. Post acquisition, converted company accounting process from GAAP to IFRS; created new covenant reporting package for institutional lender and Board of Directors.•Designed and coordinated the development, and implementation of the Company’s proprietary underwriting system with an interactive web site for Company’s Dealer base and retail customers. Incorporated third party integration for warranty companies, NADA, Credco, and Wolters & Kluwer. Provide ongoing system support and development.•Ensured compliance with federal and state regulatory guidelines. Assisted with audits and inquires from various state agencies as required. Worked with Corporate counsel on all aspects of Federal and State compliance. Managed all legal inquiries. Maintained complaint database. Received Compliance Certification-NAF Association.•Responsible for the relocation of the company multiple times, including the search and evaluation of office space, coordination of build-out with lessor’s staff and management. Responsible for the procurement and installation of network wiring, computers, phone systems, workstations, furniture and the moving of all personnel Show less

• Responsible for accounting functions including cash forecasting, financial statements, annual audits and payroll. • Maintained investor database, including promissory note renewal, interest payments and issuance of 1099s.• Coordinated securing an initial $5M line of credit with Wells Fargo. Responsible for monthly reporting and covenant compliance to Wells Fargo, line drawdowns, annual audits and future line increases.• License administration, filing of new sales finance licenses,… Show more • Responsible for accounting functions including cash forecasting, financial statements, annual audits and payroll. • Maintained investor database, including promissory note renewal, interest payments and issuance of 1099s.• Coordinated securing an initial $5M line of credit with Wells Fargo. Responsible for monthly reporting and covenant compliance to Wells Fargo, line drawdowns, annual audits and future line increases.• License administration, filing of new sales finance licenses, renewals and annual audits. • Maintained primary bank relationship. Researched local banks functionality and fee structures. Transferred relationships several times to benefit the company. • Created an Employee Handbook covering human resource policy and procedures• Researched, selected and installation of loan management software. Designed and implemented an Access based system to automate the underwriting process and to provide management reporting.• Responsible for all Loan underwriting/Collections/Recovery/Liquidation functions and staff.• Performed trend analysis and institute changes to the company’s lending model based on results. • Ensured compliance with federal and state lending regulations Show less