Asset Based Lending Portfolio Manager
Bethlehem, PA or Northern, NJ
FOUR (4) YEARS MINIMUM LEDGERED ABL OR FACTORING EXPERIENCE TO BE CONSIDERED.
Fundamental Financial is a growing commercial finance company that provides revolving lines of credit secured by accounts receivable and inventory to small and emerging businesses nationally.
We are currently looking for a relationship-minded individual to join our team as a Portfolio Manager in Bethlehem, PA or Northern, NJ.
LOCAL CANDIDATES PREFERRED, however relocation assistance is available for the ideal applicant.
Salary commensurate with experience and includes attractive base, quarterly, and annual bonuses.
This role is responsible for the overall day-to-day account and relationship management of a portfolio of clients/borrowers. Review collateral for eligibility and reconcile borrowing bases. And support underwriting efforts for new client relationships.
Under the direction of management, this team member will ensure loans are properly serviced; verify accounts receivable; analyze and verify other collateral; assist in underwriting new deals; lead the underwriting of amendments on assigned deals; and oversee the timely fulfillment of all compliance requirements for assigned portfolio.
Be a front line point person managing client expectations and balancing funding objectives with risk management objectives.
Perform additional duties and special projects as assigned.
- Bachelor’s Degree in a business-related major with Finance or Accounting focus is preferred
- Minimum 4 years of recent ledgered ABL or factoring experience is mandatory, which may include a combination of underwriting, portfolio/relationship management, audit or field examination, and/or credit experience.
- Self-motivated and enjoys working collaboratively to achieve team goals
- Excellent verbal and written communication skills
- Proficiency with Microsoft Office software including Word and Excel
Who We Are:
Fundamental Financial offers asset based revolving lines of credit from $500,000 to $5 million+ and receivables based financing (factoring) from $250,000 to $5 million+.
We believe that the high level of service and personal attention provided by our team is what sets us apart from other commercial lenders. At Fundamental, we take pride in developing and maintaining personalized relationships with our customers. We welcome exceptional individuals who want to finance exceptional entrepreneurs.
This is a full-time, exempt position, with an excellent work / life balance. Fundamental offers a total compensation package that includes an attractive base salary, quarterly and annual bonus participation, a liberal vacation policy, and health insurance.
Fundamental is proud to be an Equal Opportunity Employer.