First Capital is a leading commercial financial services firm providing prompt, professional and reliable working capital solutions and outsourcing, primarily for middle-market companies and institutions. With over $1 billion in total committed lines, First Capital is one of the largest independent and fastest-growing commercial finance companies in the United States. The firm focuses on asset-based lending, accounts receivable management, credit protection, international supply chain financing and servicing for clients in North America and Asia.
The firm also manages asset portfolios for clients and is an active issuer of receivables-backed securities. Combining a unique blend of traditional and progressive banking methods, First Capital provides clients with customized support needed to grow and maintain their business. Based out of West Palm Beach, Florida, the firm has six full-service offices in major cities including New York, Los Angeles, Ft. Lauderdale, Oklahoma City and Atlanta and a subsidiary that is headquartered in Hong Kong.
CREDIT UNDERWRITER Oklahoma City, OK and Atlanta, GA openings!
Qualifications:
Perform risk analysis of prospective clients. Such analysis would include the completion of written credit approval reports in a timely manner supported by a model that appropriately reflects the contemplated transaction, correctly calculates projected availability based on the field exam and other relevant data, accurately projects financial covenants, and contains an underwriter prepared sensitivity case that is appropriate given the key risks in the deal.
Maintain credibility with management by thoughtful and complete analysis of transactions, inclusive of credit and collateral.
Must have effective written and verbal presentation skills, rationale for proposed solutions, and the ability to facilitate the closing of approved loan transactions.
Assist the Underwriting Manager in coordinating the transaction process with the following groups: Field Exam, Marketing, inside and outside legal counsel, and outside appraisal groups.
Responsible to understand and effectively use the research resources available through sources accessible via the Internet as well as other forms.
Assist the Underwriting Manager and Business Development Officers in pre-screening potential clients, which entails summarizing the key aspects of the transaction and developing models on financial results.
Requirements:
Must have five+ years of underwriting or account management experience in asset based lending or other comparable experience in the leveraged lending or financial services arena.
Also acceptable would be a combination of at least three years of field exam experience coupled with at least two years of underwriting and/or account management experience.
A degree in Accounting or Finance is preferred.
A CPA or MBA is desirable.
Desired Skills:
Strong credit and accounting skills.
Ability to identify key issues and analyze the same.
Strong PC and financial modeling skills (MS Excel).
Excellent written and oral communication.
Communication abilities should include the ability to provide concise updates on the status of assignments and identify areas requiring immediate communication up the organizational chain.
Strong analytical ability.
Excellent time management and ability to switch gears quickly.
Ability to get the job done within very tight time frames.
BENEFITS OVERVIEW
First Capital believes in providing its Employees the finest benefits possible. Listed below is an overview of the benefits we offer:
Medical, dental and vision insurance
Life insurance
Short and long term disability
401(k) plan
Section 125 flexible spending accounts
Vacation and federal holidays
Sick leave
Flexible work hours
Education assistance
Internal training programs
Interested candidates, please send your resume via email to:
BUSINESS DEVELOPMENT OFFICER Northeast, Southeast, South-Central Florida, Mid-Atlantic,
Southwest, Los Angeles openings!
We are seeking Business Development Officers in multiple territories.
Primary duties include:
Identifying and originating asset-based and factoring transactions up to $250 million in size.
Seeking candidates with a strong network of financial professionals including commercial bankers, asset-based lenders, equity and debt sponsor groups and business consultants that can help identify new clients across the US in need of First Capital's product/service offerings!
In addition to the above mentioned qualifications, if you possess receivable and payables financing, letters of credit, international factoring or international finance agreements experience, we would like to speak with you as well because we are expanding our trade finance sales team.
BENEFITS OVERVIEW
First Capital believes in providing its Employees the finest benefits possible. Listed below is an overview of the benefits we offer:
Medical, dental and vision insurance
Life insurance
Short and long term disability
401(k) plan
Section 125 flexible spending accounts
Vacation and federal holidays
Sick leave
Flexible work hours
Education assistance
Internal training programs
Interested candidates, please send your resume via email to:
ABL Classified
