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Job description

Responsibilities:

• Assist and advise sales team in structuring of new business deals, lead underwriting and approval process.
• Perform credit analysis of Accounts Receivable, Financial Statements and Individuals to determine if proposed transaction fit withing the SCF risk appetite.
• Create legal documentation for all new prospects, raise amendments/side letters/landlord waivers etc. for existing clients. Negotiate legal documents where applicable.
• Produce internal credit memorandum for new business proposals, answer all sanctioner(s) questions, ensure pre-funding and post-funding condition are met.
• Assist with underwriting support, file new UCCs, run credit & background searches.
• Work with Operations team for prospect take on, first funding, verification and payout. Ensure a smooth transition with client onboarding.

Requirements:

• Strong data analysis skills and analytical/quantitative mindset.
• Must balance risk with commercial goals of the business. Should be pragmatic and practical.
• Excellent communication, interpersonal and organizational skills.
• Self-starter, desire to learn and grow.
• Previous knowledge of commercial lending, factoring or asset-based lending.
• Excellent time management, ability to manage multiple workflows.

Preferred Skills:

• Knowledge of US bankruptcy/restructuring law – C7, C11, DIP Financing, receiverships, assignment for the benefit of creditors and other specialized legal situations.
• Experience of Inventory, Purchase Order, Equipment and Real Estate financing.
• 0-2 years experience in factoring industry, asset based lending industry or commercial finance/banking.
• Some knowledge of the Canadian legal systems and/or Canadian secured finance industry would be beneficial but not required.

Qualifications:

• Bachelors degree in Accounting/Business/Economics/Finance/Math/Statistics or similar area.

What we offer:

• Annual bonus plan based on Individual and Business targets
• Health, Vision, and Dental insurance.
• Flexible Spending Account and Healthcare Spending Account.
• 401K with company match.
• 20 days paid vacation (rising to 30 with tenure) + 10 federal holidays

About Sallyport Commercial Finance, LLC

Sallyport Commercial Finance is an independently owned and operated, national leader in specialty finance. Sallyport works with entrepreneurial business owners to help them get access to the capital they need to grow. Offering a wide range of programs based on Accounts Receivable capabilities, Sallyport creates custom-tailored solutions that are as unique as the clients and businesses they work with.

https://www.sallyportcf.com/

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Sugar Land, TX 77478: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Underwriting: 1 year (Preferred)
• Corporate finance: 1 year (Required)

Work Location: In person