Head of Credit & Risk - Transportation Factoring
Remote
Full Time
Credit
Executive
About Us:
At eCapital, we are on a mission to ignite growth and empower businesses across North America and the U.K. by accelerating their access to capital. Our expertise and forward-thinking technology create customized, cutting-edge solutions for clients in over 80 industries. We are proud to have been named to the prestigious Inc. 5000 Fastest Growing Company list in 2024, recognized as a ‘Great Place to Work’ by the Secured Finance Network, and celebrated as a ‘Most Innovative Company’ by ABF Journal; all thanks to our dynamic team who are the cornerstone of our success. Are you ready to make an impact and help us shape the future of finance?
The Opportunity:
The Head of Credit & Risk will be responsible for owning and overseeing the credit risk function for a transportation factoring company. This includes developing credit policies, managing the credit underwriting and portfolio risk, and ensuring the soundness of credit decisions. The ideal candidate will have extensive experience in factoring, strong leadership skills, and a deep understanding of credit risk within the transportation and logistics industry.
Key Responsibilities:
Leadership & Oversight
eCapital Culture:
At eCapital, we're not just a funding provider—we're a strategic partner built for what's next. Our culture is defined by innovation, scalability, and personalized service. We value:
eCapital values diverse experiences and backgrounds. We encourage all qualified candidates to apply, regardless of race, color, religion, gender, sexual orientation, national origin, genetics, disability, age, or veteran status.
At eCapital, we are on a mission to ignite growth and empower businesses across North America and the U.K. by accelerating their access to capital. Our expertise and forward-thinking technology create customized, cutting-edge solutions for clients in over 80 industries. We are proud to have been named to the prestigious Inc. 5000 Fastest Growing Company list in 2024, recognized as a ‘Great Place to Work’ by the Secured Finance Network, and celebrated as a ‘Most Innovative Company’ by ABF Journal; all thanks to our dynamic team who are the cornerstone of our success. Are you ready to make an impact and help us shape the future of finance?
The Opportunity:
The Head of Credit & Risk will be responsible for owning and overseeing the credit risk function for a transportation factoring company. This includes developing credit policies, managing the credit underwriting and portfolio risk, and ensuring the soundness of credit decisions. The ideal candidate will have extensive experience in factoring, strong leadership skills, and a deep understanding of credit risk within the transportation and logistics industry.
Key Responsibilities:
Leadership & Oversight
- Act as the functional head for Credit & Risk
- Lead, train, and mentor the credit and underwriting team.
- Collaborate with Sales, Operations, and Funding to support growth without compromising risk standards.
- Ensure compliance with internal and external audit requirements, regulatory standards, and best practices.
- Drive overall credit & risk strategy for Transportation Factoring group
- Innovate, automate and lead improvements using internal and external technology, scoring models, and decision frameworks.
- Recommend strategic initiatives to enhance risk-adjusted profitability.
- Participate in executive-level decisions regarding pricing, client onboarding, and new market segments.
- Work across the eCapital Group and support corporate initiatives as appropriate.
- Develop, implement, and monitor credit policies and procedures tailored to transportation factoring.
- Maintain and manage the company's risk appetite, portfolio limits, and exposure levels.
- Oversee the credit approval process and ensure sound underwriting practices.
- Review and approve large or high-risk transactions beyond underwriter limits.
- Monitor concentration risk by client, debtor, industry, and geography.
- Continuously assess and report on the health of the client portfolio, including delinquency trends, charge-offs, and recoveries.
- Oversee the monitoring of debtor credit quality and performance.
- Proactively identify potential risks and recommend mitigation strategies.
- Bachelor’s degree in Finance, Accounting, Business, or a related field (Master’s or MBA preferred).
- 10+ years of progressive experience in credit, risk, or lending, with at least 5 years in factoring in senior credit roles.
- Deep understanding of transportation factoring, including industry-specific debtor risk, carrier cycles, and seasonal factors.
- Strong knowledge of UCC filings, receivables verification, and debtor due diligence.
- Demonstrated ability to build and lead high-performing credit teams.
- Experience working with credit scoring tools, financial analysis, and cash flow modeling.
- Innovative and curious, continuously looking for ways to be faster, smarter in our practices
- Analytical and detail-oriented with strong judgment in high-pressure situations.
- Excellent communication and presentation skills.
- Highly ethical and committed to sound risk practices.
- Strategic thinker with a hands-on approach to execution.
- Prior experience in transportation factoring or a commercial finance company serving the trucking/logistics industry.
- Familiarity with platforms like TMS (Transportation Management Systems), factoring software, or risk monitoring tools (e.g., D&B, Experian Commercial, Ansonia).
- Competitive Compensation
- Annual Bonus Incentives
- PTO
- Health, Dental, and Life Benefits
- 401(K) Matching
eCapital Culture:
At eCapital, we're not just a funding provider—we're a strategic partner built for what's next. Our culture is defined by innovation, scalability, and personalized service. We value:
- Agility: We adapt quickly to changing market conditions and customer needs.
- Relationships: We put our clients' needs at the center of everything we do, and we believe the best results come from diverse teams working together.
- Accountability: We hold ourselves to the highest standards in all aspects of our work.
- Innovation: We constantly push boundaries to create better solutions for our clients.
eCapital values diverse experiences and backgrounds. We encourage all qualified candidates to apply, regardless of race, color, religion, gender, sexual orientation, national origin, genetics, disability, age, or veteran status.
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