Vice President-Portfolio Manager

Job Description

Job Description

Vice President - Portfolio Manager Factoring Company

Position Overview

The Portfolio Manager oversees a portfolio of factoring clients to ensure strong credit quality, healthy portfolio performance, and exceptional customer service. This role is responsible for managing daily risk, monitoring client activity, analyzing financial and credit data, and ensuring compliance with company policies. The ideal candidate is analytical, detail-oriented, and skilled at building strong client relationships while protecting the company’s capital.

Key Responsibilities

Portfolio Management & Risk Oversight

• Manage the portfolio management team and portfolio of factoring clients, ensuring appropriate risk levels and adherence to credit limits.
• Monitor debtor creditworthiness, aging reports, concentration risk, and client financial health.
• Review and approve funding requests within assigned credit authority.
• Identify early warning signs of credit deterioration and take preemptive action.
• Ensure collateral compliance, proper documentation, and adherence to factoring agreements.

Client Relationship Management

• Ensure timely responses to client requests across the team and manage an escalation process to address and resolve issues promptly.
• Build and maintain strong relationships with clients while promoting responsible financial management.
• Guide clients on invoice submission, dispute resolution, and best practices.
• Direct involvement with larger clients and clients in workout

Operational & Financial Analysis

• Ensure Account Managers.
  • Conduct ongoing analysis of client financials, borrowing base availability, and payment trends
  • Review and resolve invoice disputes, chargebacks, and exceptions.
  • Prepare periodic portfolio reports, risk summaries, and performance metrics for management.
• Act as the ultimate decision maker in client disputes, client escalation issues, and Account Debtor credit limits.

Training

• Provide ongoing training and professional development for Account Managers and staff on core subjects and newly introduced initiatives

Cross-Functional Collaboration

• Collaborate with underwriting, operations, collections, and sales teams to support portfolio quality.
• Coordinate with legal and compliance teams on contract issues or risk events.
• Assist in onboarding new clients and transitioning accounts into active portfolios.
• Participate as a member of the Credit Committee to evaluate and make decisions on prospective client credit opportunities.

Compliance & Policy Adherence

• Maintain complete and accurate account records in accordance with company policies and regulatory requirements.
• Uphold anti-fraud procedures and ensure proper due diligence for all transactions.
• Support internal and external audits as needed.

Qualifications

Required

• Bachelor’s degree in finance, Business, Accounting, or related field (or equivalent experience).
• 7–10 years of experience in factoring, asset-based lending (ABL), commercial lending, or credit analysis.
• Strong understanding of credit principles, risk analysis, invoice finance, and collateral management.
• Excellent communication, customer service, and relationship‑building skills.
• Proficiency with Excel and financial analysis tools.

Preferred

• Experience using Factoring or ABL portfolio systems (e.g., Factor Soft, Hub Tran, Jack Henry, or similar).
• Industry-specific knowledge (e.g., transportation, staffing, manufacturing).
• Familiarity with UCC filings, lien searches, and commercial credit bureaus (e.g., D&B, Experian).
• Background in underwriting and credit approval
• Understand the legal environment and processes

Key Competencies

• Analytical Thinking: Ability to assess financial and credit data accurately and legal considerations.
• Risk Awareness: Skilled at identifying and mitigating portfolio risks. Know when to elevate.
• Detail Orientation: Ensures accuracy in documentation and funding.
• Customer Focus: Delivers a high level of customer service while enforcing credit discipline.
• Decision-Making: Confident in making timely, sound credit decisions.
• Training & leadership: Ability to train and lead the operations team in core competencies and industry developments.

Location: Charleston, South Carolina