Portfolio Manager (Risk)
REV Capital is looking for a Portfolio Manager (Risk) to join our growing team! The Portfolio Manager will manage accounts receivable portfolios while ensuring compliance with company policies and procedures. Reporting to the Collections department, the Portfolio Manager will work with cross-functional teams to spot early warning signs of credit deterioration and minimize manageable losses.
About REV Capital:
Cashflow restrictions are a universal challenge for B2B business owners. At REV Capital, the leading North American provider of full-service factoring, we help our clients bridge that gap and grow sustainably.
How does invoice factoring work?
A business sells its unpaid invoices to a third-party company (known as a ‘factor’) at a discounted rate, receiving up to 98% of their invoice value immediately. The factor then handles collections and underwriting, so the business owner no longer needs to worry about net terms or chasing payments from their customers.
The result? Business owners can reinvest time and cashflow into their operations, helping them grow, stay competitive, and become industry leaders.
Want to learn more about the value of factoring? Here’s a practical breakdown by Loren, our CEO.
Our team at REV is passionate about helping others. We embrace diversity and inclusivity, offering a flexible environment where professional and personal growth happens – just like with the hundreds of clients we support daily.
Ready to make an impact? Let’s explore the difference you can make on our team!
About You:
You are a problem solver who finds joy in the details and are results oriented. You remain cool, calm, and collected in a fast-paced environment. You understand the importance of teamwork and communication. You are eager to learn and grow into the best version of yourself!
Responsibilities:
- Manage allocated Accounts Receivable portfolio through efficient and effective collection practices and compliance with company policies and procedures.
- Establish and maintain a professional relationship with customers, debtors and all internal stakeholders.
- Ensure that customer notification and verifications are performed in-line with requirements.
- Use collection and verification queues and call backs in conjunction with aging profile and risk scores to determine calling priorities, with the goal to shorten the days of sale outstanding.
- Identify issues causing delays in payment and work to resolve those issues by partnering with various departments to establish and satisfy criteria required for timely payment.
- Assist with pre- and post-verification requests and ensure that customer verifications are performed in-line with company requirements and processes.
- Keep concise and up-to-date notes in system to reflect the account status; Ensures debtor information is complete and up to date in system.
- Review and create weekly dispute reports, negative reserves, and collection reports; Communicate any concerns noted or adverse performance trends to the assigned Client Relationship Manager in a timely manner.
- Establish and maintain excellent working rapport with internal and external customers.
- Adhere to organizational policies and procedures.
- Perform other duties as assigned.
Qualifications:
- Minimum of 2 year of experience in collections, demonstrating proficiency in collection practices and strategies
- High School Diploma/ GED Required
- Strong interpersonal and communication skills with the ability to establish and maintain professional relationships with customers and debtors, as well as effectively communicate with internal teams
- Ability to manage multiple priorities with competing deadlines in an organized manner
- Strong attention to detail and demonstrated problem-solving skills
- Ability to maintain a high level of effectiveness during times of change by adapting behavior and approaches to changing circumstances
What We Offer:
- Employer matching RRSP – DPSP program
- Competitive compensation plan
- Growth and development opportunities
- Excellent extended medical, dental, and vision benefits plan that is 100% employer paid
Let your journey at REV Capital begin!
