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VP, Senior Underwriter - Commercial Services (Asset Based Lending / Factoring)
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$140,000 - $200,000 a year
Full-time
- The VP, Underwriting- Commercial Services (Asset Based Lending/Factoring) CMS leads underwriting efforts by servicing Commercial Services (CMS) prospects at the highest level of ability and complexity.
- Takes lead responsibility in preparation and analysis of loan underwriting presentations for factoring, working capital financing, credit protection and receivables management services.
- Underwriting - Works closely with Underwriting Manager, Business Development Officers, Legal, Credit Risk, Operations, and other relevant departments; communicates on an ongoing basis and manages the underwriting function in a timely and collaborative manner and within established guidelines and expectations.
- and manages deal throughout the entire process, including for preparation/negotiation/execution of all legal documentation, system set up, and handoff to Portfolio Management team in an appropriate manner.
- Leads KYC/BSA process and ensure all KYC compliance requirements have been met prior to transaction close.
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