Junior Factoring Underwriter

Syfan Logistics•Gainesville, GA

1d•Onsite

About The Position

Interested in climbing aboard with the Syfan Team? Job Summary: Perform detailed financial analysis on prospective borrowers and guarantors and interpreting the financial information to make decisions. Conduct initial review of incoming loan packages by determining creditworthiness and compliance. Collaborating with factoring team in day-to-day activities for funding and managing client accounts by providing excellent customer service to our partners and responding to any questions or requests. Essential Duties: Conduct financial and/or credit analyses, ensuring compliance with internal regulations. Provide full credit memos containing accurate and complete credit analysis of the loan applicant. Analyze applicant’s business operations, historical cash flow, balance sheet and financial condition, management structure, collateral, projections, and compare these elements to RMA. Perform detailed financial analysis on prospective small business borrowers and guarantors, including trend and ratio analysis, and interpret the financial information to determine credit quality and cash flow adequacy. Ability to make decisions on files with minimal supervision using good judgment. Identify risk factors within each loan and utilizes resources, tools, and documentation to detect red flags and clear inconsistencies. Collaborate with other team members on updating existing and creating new credit policies, procedures, operational efficiencies, and strategies. Effectively communicate ideas to external partners, borrowers, and colleagues with a high level of accuracy using both written and verbal communication. Input, process, review invoices and backup, and interact with clients on their fundings; assist with client funding request for assigned accounts. Request debtor credit approvals for funding requests, as needed for accounts over their limit or that do not have an assigned credit limit. Process invoice adjustments and invoice corrections for cash posting department. Interact with clients in a friendly, professional manner for their day-to-day funding needs. Match electronic payment to remittance details for cash posting. Wire and transfer funds to clients. Set up repetitive wires for clients.

Requirements

Minimum High School Diploma/GED.
Possesses a positive attitude and self-motivation.
Proficient in Microsoft Office Suite and FactorSoft.
Displays critical thinking and problem-solving skills resulting in effective judgement and decision making.
Effective negotiation skills.
Collaborative work style.
Proficient organizational, multi-tasking and prioritization skills to meet deadlines.

Nice To Haves

2+years of factoring experience that includes client facing activities and discussions
Bachelor’s Degree in Business Administration or related, or equivalent work experience.

Responsibilities

Perform detailed financial analysis on prospective borrowers and guarantors and interpreting the financial information to make decisions.
Conduct initial review of incoming loan packages by determining creditworthiness and compliance.
Collaborating with factoring team in day-to-day activities for funding and managing client accounts by providing excellent customer service to our partners and responding to any questions or requests.
Conduct financial and/or credit analyses, ensuring compliance with internal regulations.
Provide full credit memos containing accurate and complete credit analysis of the loan applicant.
Analyze applicant’s business operations, historical cash flow, balance sheet and financial condition, management structure, collateral, projections, and compare these elements to RMA.
Perform detailed financial analysis on prospective small business borrowers and guarantors, including trend and ratio analysis, and interpret the financial information to determine credit quality and cash flow adequacy.
Ability to make decisions on files with minimal supervision using good judgment.
Identify risk factors within each loan and utilizes resources, tools, and documentation to detect red flags and clear inconsistencies.
Collaborate with other team members on updating existing and creating new credit policies, procedures, operational efficiencies, and strategies.
Effectively communicate ideas to external partners, borrowers, and colleagues with a high level of accuracy using both written and verbal communication.
Input, process, review invoices and backup, and interact with clients on their fundings; assist with client funding request for assigned accounts.
Request debtor credit approvals for funding requests, as needed for accounts over their limit or that do not have an assigned credit limit.
Process invoice adjustments and invoice corrections for cash posting department.
Interact with clients in a friendly, professional manner for their day-to-day funding needs.
Match electronic payment to remittance details for cash posting.
Wire and transfer funds to clients.
Set up repetitive wires for clients.