VP, Underwriter PO Finance & Recourse Factoring

Seeking an underwriter for our PO finance and recourse factoring divisions where we provide flexible financing solutions to small and mid-sized businesses. Our facilities close working capital gaps quickly and efficiently through our diligence process and relationship-focused service.

This position plays a key role in supporting credit decisions within a fast-paced lending environment. Focuses on evaluating transactions, assessing transaction-level risk, and analyzing borrower and buyer creditworthiness. Unlike traditional bank underwriting, this role requires comfort with dynamic risk profiles, shorter decision timelines, and structured deals tailored to growth-stage businesses.

This is an excellent opportunity for someone looking to build a career in lending, specialty finance, or commercial credit.

• Review and analyze applications and supporting documentation.
• Verify purchase orders, supplier contracts, and buyer creditworthiness
• Conduct financial analysis including review of balance sheets, income statements, and cash flow statements
• Perform risk assessments and identify potential credit, operational, and fraud risks
• Assist in preparing underwriting reports and credit memos
• Support senior underwriters in structuring finance deals within company risk policies
• Communicate with clients, brokers, and referral sources to obtain required information
• Maintain accurate underwriting files and documentation, and update Salesforce
• Ensure compliance with internal credit policies and regulatory requirements
• Collaborate with Sales, Operations, and Portfolio teams to facilitate fast funding decisions
• Assists with legal documentation, due diligence, and client onboarding
• Monitor approved deals for performance and flag early warning signs
• Participate in industry events, conferences, and client-facing activities as needed (light travel required)

• Bachelor's degree in finance, Accounting, Business, Economics, or related field
• 5-10 years of experience in credit analysis, underwriting, trade finance, or banking
• Strong understanding of financial statements and credit risk assessment
• Strong analytical and numerical skills
• High attention to detail, organizational ability and prioritizing
• Proficiency in Microsoft Excel and financial analysis tools
• Strong written and verbal communication skills

• Experience in asset-based lending, factoring, PO finance, or working capital finance
• Familiarity with transaction-based underwriting
• Understanding of supply chain finance structures

• Faster decision cycles
• Deal-level underwriting rather than solely balance-sheet lending
• Greater flexibility in structuring transactions