SVP, Manager of Accounts Receivable Lending

Job Description

Job Description

Are you seeking a fun, collaborative and dynamic environment where your contributions as SVP, Manager of Accounts Receivable Lending will be recognized? If the answer is yes, apply to become a member of Mission Valley Bank's valued, talented and proven team, dedicated to service excellence.

Our SVP, Manager of Accounts Receivable Lending is professional, friendly, provides excellent customer service, and possess excellent communication skills. This position is responsible for the management and oversight of the accounts receivable financing program. Major areas of responsibility include

Daily Operations, Risk Management and Sales Support. In collaboration with the Head of Commercial Banking, this person is also responsible, (through individual initiative and coordination of business development activities among relationship managers, business development officers and

branch managers), for achieving the financial institution's stated profitability, business development, and credit quality goals for the accounts receivable financing program as outlined in the financial institution's Strategic Plan, in addition to subsequent annual budgets and specific plans.

What Will Be Your Key Accountabilities?

• New Business : Assist the assigned Sales Team Member to ensure timely and accurate underwriting to ensure that the appropriate party completes all items on the Business Implementation Checklist.
• Prospects / Business Development : Ensure the master prospect list for BusinessManager is continually updated. Work independently and with the Sales Team Member and branch staff to identify prospects and add quality business to the A / R program.
• Program Promotion : Continually educate staff, the director's loan committee, senior management, the board of directors, and auditors / examiners about the program's benefits for appropriate businesses and for the Bank.
• Backup : Ensure there is a trained backup for the Program. In the event of turnover or additions to staff, ensure new personnel receive training.
• Monitoring : Review and verify that all personnel are adhering consistently to the program's specified monitoring and risk control procedures. These risk control procedures pertain to adequate insurance limits, red flag follow up, lockbox compliance, dilution, line utilization, reserve

targets, repurchases, changes in A / R turn, and changes to bank's yield.

What Are We All Doing?

What Do You Bring to the Team?

A list of job experiences and qualification requirements are great, but what is most important to us is humility, vulnerability, transparency, a performance-driven attitude, and a team-player approach. Additionally, you will bring :

What Do We Have For You?

Who Are We?

We are an independent commercial business bank focused on the financial needs of small and mid-sized businesses and their owners, professionals, entrepreneurs and high-net-worth individuals. Launched in July 2001, headquartered in Sun Valley, CA, our organizers and founders are local business people and bankers who have worked in - and served - this community for many years. We understand the importance of developing and building strong relationships within the communities we serve, providing exceptional financial solutions and acting as Trusted Advisors to each of our clients.

Mission Valley Bank knows that being an outstanding bank requires both knowledge and delivering superior service to our customers. Every day we perform with an uncompromising commitment to the highest customer service standards. We seek talented and proven individuals who share these standards to join our team.

Mission Valley Bank is committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business.

Mission Valley Bank is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Pre-employment background checks are required for all positions.

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

Note : This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Duties, responsibilities and activities may change at any time with or without notice.

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