Commercial Finance Relationship Manager

10 hours ago


Reston, Virginia, United States White Oak Commercial Finance Full time
Account Executive - Factoring and Asset-Based Lending

White Oak Commercial Finance is seeking a highly motivated and experienced Account Executive to join our NY or CA Factoring Team in the New York City or California office. As a key member of our Factoring Team, you will be responsible for managing and servicing existing factoring and asset-based lending clients, working closely with senior and portfolio management officers, operations, collateral analysts, and accounting teams to effectively and efficiently service clients.

Key Responsibilities:

  • Manage a portfolio of factoring/ABL loans across various industries and regions, with structures including accounts receivable, inventory, machinery and equipment, real estate, and certain stretch components.
  • Prepare and underwrite annual account reviews, credit approval memorandums for amendments, waivers, modifications, facility extensions, and consents.
  • Maintain financial spreads, projections, and models.
  • Monitor, calculate, and confirm Borrower covenant compliance.
  • Review and negotiate legal documentation.
  • Approve and facilitate daily advance requests.
  • Work closely with senior and portfolio management officers, operations, collateral analysts, and accounting teams to effectively and efficiently service clients.
  • Review and react to field exam and appraisal results.
  • Prepare for and participate in monthly portfolio trend meetings.
  • Compile monthly and quarterly portfolio performance and compliance reports.
  • Interface with third-party field examiners, accountants, consultants, appraisers, and lawyers.
  • Assist and lead with problem loan workout situations.
  • Meet with clients on a routine basis.
  • Attend industry events and participate in networking opportunities.
  • Special projects and assignments as determined by manager and business needs.

Candidate Qualifications:

  • 5+ years in commercial lending and/or factoring required.
  • Must have a strong understanding of credit fundamentals, loan monitoring, and modification best practices, accounting, valuation, and financial statements.
  • Exceptional Excel/modeling/forecasting skills are essential, as is advance knowledge of Word, PowerPoint, and Outlook.
  • Must be a detail-oriented team player and be able to methodically complete work in a fast-paced environment.
  • Self-motivation and strong work ethic are vital. Must maintain a service-oriented personality, robust multitasking abilities, and possess an investigative mind.
  • Strong writing skills are essential, as well as fluency in English.
  • Strong academic background with a demonstrated record of achievement. Preference for undergraduate degree in Accounting, Finance, or Business. CPA or CFA charter holder/candidate is a plus.


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