VP – Factoring Business Development

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🔥 16 hours ago

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Logo of ComplyRight, Inc.

ComplyRight, Inc.

201 - 500 employees

Founded 1987

📋 Compliance

🏢 Enterprise

🤝 B2B

Compliance • Enterprise • B2B

ComplyRight, Inc. is a company that specializes in providing compliance solutions tailored for businesses to effectively manage their regulatory obligations. They offer resources and tools that help organizations navigate the complexities of compliance in various sectors, ensuring they adhere to relevant laws and guidelines.

📋 Description

• Originate and develop new factoring opportunities through prospecting, market outreach, networking, and referral source relationships • Assess client financing needs and structure factoring solutions aligned with credit, profitability, and portfolio growth objectives • Prepare and support factoring packages for underwriting 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 onboarding by maintaining regular contact, supporting retention efforts, identifying additional factoring volume, and uncovering cross-sales where appropriate

🎯 Requirements

• Associates Degree in Business Administration, Accounting or Finance • 4+ years of experience directly related to Factoring Sales and negotiations of factoring contracts • Strong factoring sales experience and relationship management skills • Ability to develop a sustainable pipeline of profitable business opportunities • Must be able to travel and visit prospected new clients nationwide 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 underwriting/credit worthiness of potential clients • Must possess excellent organizational, interpersonal, time management, written and verbal communication skills • Computer proficiency in MS Software (e.g. Excel, Word, and Outlook)

🏖️ Benefits

• Health insurance • Retirement plans • Paid time off • Flexible work arrangements • Professional development

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