Full-Time

Director – Collector Car Financing

Confirmed live in the last 24 hours

Hagerty

Hagerty

11-50 employees

Specialized insurance for classic cars

No salary listed

Senior, Expert

Detroit, MI, USA + 1 more

More locations: New York, NY, USA

Remote

Candidates must reside in the United States, with preference given to Detroit, MI and New York, NY.

Category
Asset Management
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Strong experience in specialist asset finance, particularly in the automotive space.
  • Excellent communication skills, both verbal and written.
  • Entrepreneurial spirit, as the candidate will be an important part of a core team that will develop, grow, and manage an entirely new part of the company.
  • Strong transactional and/or loan portfolio management experience.
  • Ability to comfortably lead due diligence, structuring, and negotiations with clients that may have complex financing needs.
  • Credit risk evaluation, financial analysis, and credit writing skills.
  • Extreme attention to detail.
  • Good knowledge of loan documentation and negotiation experience.
  • Strong organizational and time-management skills.
  • Proactive and self-motivated with high levels of energy and strong work ethic.
  • Skilled at proactively managing portfolio of borrowing relationships.
Responsibilities
  • Originate collector car financing transactions with high-net-worth car collectors and select collector car dealers.
  • Take responsibility for new financing transactions from initial inquiry to final closing, including performing client and collateral due diligence, KYC, AML, credit checks, transaction structuring and pricing, client negotiations, preparing credit paper and presenting it to Credit Committee, deal closing, and putting in place deal funding and pay-out to clients.
  • Building trusted partner relationships with clients, high-end collector car dealers, private banks, lawyers and other professional advisers to high-net-worth clients, as well as key influencers in the collector car community.
  • Contribute to day-to-day credit management of a portfolio of borrowing clients. Meet regularly with clients, proactively identifying credit risks.
Desired Qualifications
  • Familiarity with public company requirements, including Sarbanes Oxley and key regulations, if applicable. For SOX compliant roles, responsible for designing, executing, and documenting internal controls where they have been identified as owners to prevent errors in financial reporting, processes, and business operations. Including attestation to the completeness, accuracy, and compliance of all financial reporting data, where applicable.

Hagerty specializes in services for classic and collector car enthusiasts, offering tailored insurance policies that consider the unique value and usage of vintage vehicles. Their insurance is designed specifically for classic car owners, providing better coverage and competitive rates compared to standard auto insurance. In addition to insurance, Hagerty has a membership program that includes benefits like roadside assistance, access to exclusive events, and discounts on automotive products. The company also fosters a strong community through content creation, such as articles and virtual car shows, which helps engage car lovers and attract new clients. By focusing on the classic car segment of the automotive market, Hagerty caters to a dedicated clientele who view their vehicles as investments and pieces of history. Their goal is to support and connect car enthusiasts while providing specialized services that meet their unique needs.

Company Size

11-50

Company Stage

IPO

Headquarters

Traverse City, Michigan

Founded

1983

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in electric classic car conversions creates a new niche market.
  • The rise of online car auctions boosts the value and liquidity of classic cars.
  • Younger generations' interest in classic cars expands Hagerty's market beyond traditional demographics.

What critics are saying

  • New entrants in the classic car insurance market could erode Hagerty's market share.
  • Rising popularity of electric vehicles may reduce interest in classic cars.
  • Economic downturns could affect customers' ability to afford classic cars and insurance.

What makes Hagerty unique

  • Hagerty specializes in insurance for classic and collector cars, unlike standard insurers.
  • The company offers a membership program with perks like roadside assistance and event access.
  • Hagerty engages its community through content creation, building a loyal customer base.

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Benefits

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

Paid Sick Leave

Paid Holidays

Company News

Hagerty
May 7th, 2025
6 Important Rides We'll Be Watching at the Broad Arrow Villa d'Este 2025 Auction

6 important rides The Hagerty Group'll be watching at the Broad Arrow Villa d'Este 2025 auction.

America UK
Apr 23rd, 2025
HAGERTY NAMED HEADLINE SPONSOR FOR 2025 CLASSIC AMERICAN STARS & STRIPES SHOW AT TATTON PARK

Hagerty named headline sponsor for 2025 Classic American Stars & Stripes show at Tatton Park.

PR Newswire
Apr 9th, 2025
The Hanover and Hagerty Collaborate to Provide Collector Car Protection

WORCESTER, Mass., April 9, 2025 /PRNewswire/ - The Hanover Insurance Group, Inc. (NYSE: THG), a leading national insurance provider for individuals, families and businesses, today announced a collaboration with Hagerty (HGTY) to provide specialized insurance for classic cars.

HHS Blueprint
Mar 28th, 2025
Band plays concert with U.S. Navy

The U.S. Navy teamed up with Hagerty on Thursday, March 27.

PR Newswire
Mar 12th, 2025
The Amelia Winners: 1938 Alfa Romeo 8C 2900 And 1967 Lotus 49 Earn Best Of Show Accolades As Enthusiasts Celebrate Speed And Elegance

The Amelia's 30th Annual Celebration Saw a Weekend of Fine Dining, Driving Experiences, Live Auctions, and the Amelia Concours D'Elegance—Showcasing Hundreds of Exquisite Vehicles from Around the WorldAMELIA ISLAND, Fla., March 12, 2025 /PRNewswire/ -- Among a distinguished field of more than 240 historically significant automobiles, spanning 35 classes, a 1938 Alfa Romeo 8C 2900 claimed the prestigious title of Best of Show, Concours d'Elegance, while a 1967 Lotus 49 was honored as Best of Show, Concours de Sport at the 30th Amelia Concours d'Elegance. Event press releases, concours results, photos and the event program can be found here.Best of Show – Concours d'Elegance: The 1938 Alfa Romeo 8C 2900 Chassis No. 412028 is believed to be one of the prototypes for the 1938 Mille Miglia. When it was restored, it was found that the car was an original short chassis model, and the engine had different characteristics than that of the Sport 8C 2.9, including a larger and different exhaust system. The car was ordered new in 1938 by the famous Italian racing champion Giuseppe Farina. It is the only 8C 2900 bodied by Farina."My husband and I won an award here together in 2020