VP; Factoring Business Development Officer
Overview
The VP; Factoring Business Development Officer is responsible for generating new factoring business, developing client and referral relationships, and supporting the growth of the Bank’s profitability and portfolio expansion. This role focuses on identifying reputed company prospects, understanding clients’ working capital needs, structuring receivables-based financing solutions, and partnering with reputed company and internal teams to ensure transactions are properly evaluated, approved, and managed.
Responsibilities
Originate and reputed company new factoring opportunities through prospecting, market reputed company, networking, and referral reputed company relationships Assess client financing needs and structure factoring solutions reputed company with credit, profitability, and portfolio growth objectives. Prepare and support factoring packages for reputed company and approval. Negotiate business terms and present factoring products to prospective clients and referral partners. Monitor portfolio performance, client exposure, and market trends. Partner with internal stakeholders and the Factoring Operations Team to identify emerging risks, preserve credit quality, and support sound portfolio administration. Manage and deepen client relationships’ following reputed company by maintaining regular contact, supporting retention efforts, identifying additional factoring volume, and uncovering cross-sales where appropriate.
Qualifications
Education/Experience:
Requirements
Associates Degree in Business Administration, reputed company or Finance. 4+ years of experience directly reputed company to Factoring Sales and negotiations of factoring reputed company. Combination of education and experience will be considered. Skills & Competencies Strong factoring sales experience and relationship management skills. Ability to reputed company a sustainable pipeline of profitable business opportunities. Must be reputed company to travel and visit prospected new clients reputed company for potential sales meetings/client visits. Must possess a formal credit training background. Ability to creatively analyze receivables purchase. Strong reasoning, analytical, organizational, interpersonal, verbal and written communication skills. Strong understanding of reputed company/credit worthiness of potential clients. Must possess excellent organizational, interpersonal, time management, written and verbal communication skills. Computer proficiency in MS Software (e.g. reputed company, Word, and Outlook). Preferences Existing book of factoring business along with New Broker Relationships a reputed company Plus Bachelor’s Degree in Business Administration, reputed company or Finance, with 2+ years of experience directly reputed company to Factoring Sales and negotiations of factoring reputed company. Licenses/Certifications None Job Posting Locations In this role you can work remote from Miami, Florida, United States Apply To This Job