Senior Factoring Underwriter & Credit Specialist

We are seeking an experienced Senior Factoring Underwriter & Credit Specialist with direct, hands‑on expertise in accounts receivable (A/R) factoring. In this role, you will lead the credit evaluation, risk structuring, and day‑to‑day portfolio oversight of invoice factoring facilities for high‑growth e-commerce, CPG, and B2B wholesale businesses. This role is specifically tailored for an expert who understands the operational, legal, and credit nuances of invoice factoring.

Beyond analyzing classic financial statements, you will evaluate debtor creditworthiness, verify invoice authenticity, establish debtor credit limits, manage dilution risk, and ensure proper perfection of security interests (comprehensive UCC lien searches, UCC‑1 filings, Notices of Assignment, and tri‑party lockbox accounts). You will also collaborate cross‑functionally with Product, Operations, and Risk teams to automate factoring workflows and shape the next generation of our working capital platform.

• Factoring Credit Underwriting: Underwrite prospective client factoring facilities and establish credit limits on individual account debtors using credit agency reports (D&B, Experian, Credit Safe), payment trends, trade references, and financial statements.
• UCC Search Analysis & Lien Perfection: Thoroughly read, interpret, and evaluate UCC lien searches, tax lien reports, and judgment filings; identify senior or conflicting security interests (blanket liens, inventory lenders, equipment PMSIs); and coordinate lien releases, terminations, subordination agreements, and intercreditor deeds to guarantee a first-priority position on factored accounts receivable.
• Invoice Verification & Collateral Analysis: Review and verify invoices, purchase orders, bills of lading, and proof of delivery prior to funding; assess debtor concentration, aging trends, and customer dispute risk.
• Dilution & Reserve Management: Model and monitor dilution factors (chargebacks, trade discounts, returns, co-op advertising offsets) to set appropriate advance rates and reserve holdbacks.
• Legal & Perfection Controls: Oversee UCC-1 financing statement filings, continuous lien maintenance (amendments/continuations), Notice of Assignment (NOA) deliveries, and lockbox/account control agreements (DACA).
• Portfolio & Debtor Monitoring: Track ongoing portfolio collections, remittance trends, daily lockbox reconciliations, aged accounts receivable, unapplied cash, and early warning signs of borrower or debtor distress.
• Product
  
  Collaboration:
  
  Partner directly with Product, Engineering, and Risk Operations teams to translate manual factoring operations, lien checking, and verification logic into scalable, automated fintech software features.
• AI-Driven Efficiency: Leverage AI tools (ChatGPT, Claude, Gemini) to accelerate credit memo generation, extract data from complex debtor agreements, and streamline verification audit trails.

• Direct Factoring Experience (Mandatory): Minimum of 3+ years of direct, hands‑on commercial accounts receivable (A/R) factoring underwriting experience (recourse or non-recourse) within a commercial finance company, factoring house, bank factoring division, or specialized fintech. (
  
  Note:
  
  Standalone MCA, revenue-based financing, or general unsecured lending experience will not satisfy this requirement.)
• UCC Lien Analysis & Perfection Expertise: Proven ability to read and interpret complex UCC lien search reports, identifying prior blanket liens, purchase money security interests (PMSIs), tax liens, and active encumbrances to structure lien releases, subordination agreements, and intercreditor deeds under UCC Article 9.
• In-Depth Debtor Analysis: Demonstrated track record in evaluating Account Debtor…