Senior Manager, Bank Credit Strategy & Factoring

Senior Manager, Credit Strategy And Policy

WEX is seeking a strategic and experienced Senior Manager to lead our bank's Credit Strategy and Policy framework and oversee all aspects of our Factoring Credit Underwriting operations. Reporting directly to the Chief Credit Officer, this pivotal role is instrumental in advancing the bank's factoring risk capabilities, optimizing credit processes, and driving operational excellence.

You will provide essential leadership and performance oversight to a team of underwriters, shaping the bank's risk appetite and ensuring the health of our commercial portfolio. This is a unique opportunity to make a significant impact on our credit risk function at an enterprise level.

This is a US Remote position. The ideal candidate will be based in Midvale, Utah, but we will consider highly qualified candidates in the following metropolitan areas : Dallas, TX; Washington, D.C.; San Francisco Bay Area, CA; Chicago, IL; New York, NY; Seattle, WA; and Portland, ME.

Factoring Credit Management & Leadership :

• Spearhead the daily operations of the factoring credit team, optimizing resource planning and workload distribution to ensure peak performance.
• Proactively monitor the health of the factoring portfolio through diligent analysis of key risk indicators (KRIs), including charge-offs, delinquencies, and exception trends.
• Establish and report on team productivity metrics, underwriting consistency, and decision quality to senior leadership.
• Guarantee all factoring credit activities adhere strictly to Board-approved policies and regulatory standards.
• Forge strong partnerships with business development teams to support sustainable portfolio growth while mitigating risk.
• Develop and mentor a high-performing team, fostering consistent application of credit policy, sound decision-making, and continuous professional growth.

Enterprise Credit Strategy & Policy :

What You'll Bring :

Knowledge & Abilities :

Technical & Interpersonal Skills :

Leadership :

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section. Pay Range : $102,000.00 - $135,000.00