Position Information

Factoring - Account Executive
General Responsibilities:
A Senior Portfolio Manager/Senior Account Executive (“SPM/SAE”) will manage an assigned portfolio of Asset Based relationships.  The SPM/SAE ensures the security and profitability of the company through efficient and effective credit control of a portfolio of clients, involving establishing and maintaining a professional and efficient relationship with clients.  Will also have managerial responsibilities as required of other Portfolio Managers/Account Executives and will work alongside Collateral Analysts and Operations and be a key player in our “Shared Services” model.
Position: Factoring - Account Executive
Organization: Axiom Bank
Location: Dallas,  TX 
United States
Salary: 80k-100k
Posting Start Date: 6/14/2024
Date Posted: 6/14/2024
Requirements Key Responsibilities and Accountabilities:
SPM/SAE Key Accountabilities include, but are not limited to the following:
 
Daily Activities:
  • Manage multiple ABL client relationships across lower and middle market companies nationwide.
  • Interact with clients in a friendly and professional manner regarding daily funding requirements or other needs.  
  • Maintain transparent communication and sound customer service levels both internally and externally.  Ensure team approach internally.
  • Work with Collateral Analysts and Operations Support on processing funding requests and reviewing backup documentation for fundings.
  • Review and approve client funding requests, including managing reserves.
  • Analyze collateral (accounts receivable performance, aging distribution, dilution, turnover, debtor composition and concentrations).
  • Manage other PM’s/AE’s as required by the business as it grows.
  • Manage Bank exposure including risk assessment based on collateral and financial performance, aging invoices, etc.
  • Perform any other ABL related activities as dictated by Bank policy and ABL industry standards.
 
Monthly Activities:
  • Ensure receipt, review and reporting of client compliance items, i.e., financials, payables, payroll taxes, etc.
  • Chair monthly portfolio reviews.
  • Review financials on largest accounts and monitor and discuss trends.
  • Review trend performance on assigned portfolio.
  • Oversee month end charges and fee statements and out of pocket expenses on all accounts at Allied to ensure properly charged and reported.
  • Interact with field examination and other required 3rd part vendors parties, as applicable.
 
Working Conditions:
  • Typical office environment.  Minimal physical effort required, normally seated with freedom of movement on a regular basis.  The incumbent will be expected to be able to work Monday through Friday and work will mainly be performed hybrid remote and our Dallas, Texas location; occasional evening and weekend work may be required.  Flexibility with work location and hours may be granted if circumstances permit.
 
Travel:
  • Up to 25% travel to client locations and prospects as needed
 
Credit Authority:
  • Client Funding and Over advance approval authority will vary with experience. 
 
Monthly Activities:
  • Will vary according to the growth of the ABL unit.
  • Portfolio meeting chair.
  • Ensure receipt of and review client compliance items.
  • Pull and save reports for audits or annual reviews or other committee presentations, as needed.
  • Review financial and collateral trend performance on assigned portfolio.
  • Interact with field examination or third parties, and schedule audits as needed
 
Secondary or Backup Responsibilities (as needed):
  • Provide backup support for AEs, CAs, Legal and Operations, as needed.
  • Help with new client fundings for the first funding including client set up and debtor uploads
  • Identify and work through potential mini-core operating system errors, issues, or enhancements.
  • Identify methods of improvement in operations, i.e., fundings, debtor credit, collections, etc.
  • Set up repetitive wires for clients and wire funds
 
Other Duties - Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice


Qualifications Summary:
Education:
  • Bachelor’s degree in Business or equivalent work experience
 
Experience:
  • Portfolio Manager/Senior Account Executive – Fifteen or  more years of asset based lending or commercial & industrial banking experience.
  • Proficient with Microsoft Excel, Outlook, and Word, Proficiency in ABL software is also needed.
 
Knowledge & Skills (Items below are examples):
  • Exceptional multi-tasking capabilities
  • Strong sense of urgency and thoroughness
  • Positive attitude and chemistry in working with others
  • Ability to clearly communicate action items in a tactful manner
  • Demonstrate a readiness to assist
 
 
Status: This listing expires on: 8/13/2024
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Organization Information
Name:
Axiom Bank
Address:
5151 Beltline Road, Suite 500

Dallas,  TX 75254
United States
Email:
mleudenburg@axiombanking.com
Phone:
(407) 732-5610
Fax:
Contact:
Monica Leudenburg

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