Job Detail

Benefits

Job Description:

As a Receivable Financing Platform Specialist, you will be responsible for managing and optimizing our receivable financing platform to facilitate the efficient management of accounts receivable and improve cash flow for our clients. You will play a crucial role in overseeing the end-to-end process of receivable financing, from onboarding clients to disbursing funds and managing repayment. Your duties will include:

1. Client Onboarding: Collaborating with sales and client services teams to onboard new clients onto the receivable financing platform, ensuring compliance with due diligence requirements and gathering necessary documentation.

2. Receivable Evaluation: Assessing the creditworthiness and quality of receivables submitted by clients for financing, conducting risk assessments, and determining appropriate financing terms and rates.

3. Funding Management: Coordinating the disbursement of funds to clients based on approved receivable financing agreements, ensuring timely and accurate funding to meet client liquidity needs.

4. Portfolio Monitoring: Monitoring the performance of financed receivables, tracking repayment schedules, and proactively managing any delinquencies or defaults to minimize financial risk.

5. Reporting and Analysis: Generating regular reports on receivable financing activities, analyzing portfolio performance metrics, and identifying trends and opportunities for process improvements.

6. Client Relationship Management: Building and maintaining strong relationships with clients, serving as the main point of contact for inquiries, providing assistance with financing requests, and addressing any concerns or issues.

7. Compliance and Risk Management: Ensuring compliance with regulatory requirements and internal policies related to receivable financing, conducting periodic audits, and implementing risk mitigation strategies.

8. Platform Optimization: Collaborating with technology teams to enhance the functionality and usability of the receivable financing platform, identifying and implementing system improvements to streamline processes and enhance user experience.

9. Industry Research and Best Practices: Staying informed about industry trends, best practices, and regulatory changes in receivable financing and financial services, and incorporating relevant insights into platform operations.

Requirements:

• Bachelor's degree in Finance, Business Administration, Economics, or related field. Master's degree or professional certifications (e.g., Certified Receivables Finance Professional) preferred.
• X years of experience in receivable financing, factoring, asset-based lending, or related financial services roles, with a strong understanding of receivable financing principles and practices.
• Proficiency in financial analysis, credit risk assessment, and underwriting processes, with the ability to evaluate the creditworthiness of clients and assess the quality of receivables.
• Experience working with receivable financing platforms, financial technology (fintech) solutions, or enterprise resource planning (ERP) systems preferred.
• Excellent communication and interpersonal skills, with the ability to build rapport with clients, negotiate financing terms, and collaborate effectively with internal teams.
• Strong analytical and problem-solving skills, with the ability to interpret financial data, identify trends, and make data-driven decisions.
• Detail-oriented and organized, with the ability to manage multiple tasks and priorities in a fast-paced environment.
• Commitment to integrity, professionalism, and ethical conduct in all aspects of receivable financing operations.