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Factoring Underwriter Jobs (NOW HIRING)

Underwriter Location: Charleston, SC About the Role We are seeking an experienced Underwriter ... Work closely with legal counsel and senior management to ensure loan documents, factoring ...

... Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology ... As a member of the US Risk Underwriting team you will be expected to perform the following:

... Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology ... As a member of the US Risk Underwriting team you will be expected to perform the following:

... Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology ... As a member of the US Risk Underwriting team you will be expected to perform the following:

... Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology ... As a member of the US Risk Underwriting team you will be expected to perform the following:

... Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology ... As a member of the US Risk Underwriting team you will be expected to perform the following:

... Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology ... As a member of the US Risk Underwriting team you will be expected to perform the following:

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Factoring Underwriter information

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$32.5K

$78.9K

$139.5K

How much do factoring underwriter jobs pay per year?

As of May 29, 2026, the average yearly pay for factoring underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is a Factoring Underwriter job?

A Factoring Underwriter evaluates the creditworthiness of businesses seeking invoice factoring services. They analyze financial statements, customer payment histories, and industry risks to assess the likelihood of repayment. Their role helps mitigate risk for the factoring company by ensuring that approved clients have reliable accounts receivable. Strong analytical skills, attention to detail, and knowledge of financial risk assessment are essential for success in this role.

What are the key skills and qualifications needed to thrive in the Factoring Underwriter position, and why are they important?

A successful Factoring Underwriter needs strong financial analysis skills, attention to detail, and knowledge of credit risk assessment, typically supported by a degree in finance, accounting, or related fields. Familiarity with factoring-specific underwriting software, financial modeling tools, and platforms like Excel is often required. Exceptional communication, sound judgment, and the ability to work collaboratively are critical soft skills for this role. These competencies ensure thorough risk evaluation, timely decision-making, and effective partnership with clients and team members in a fast-paced commercial finance environment.

What are the main challenges Factoring Underwriters face in their daily work?

Factoring Underwriters often manage multiple applications simultaneously, requiring them to balance thorough risk assessments with tight deadlines. They must analyze complex financial statements, verify the legitimacy of receivables, and identify potential fraud, all while maintaining strong relationships with clients and colleagues. Staying current with industry regulations and evolving market trends is essential as it impacts risk evaluation strategies. While the work is demanding, it offers valuable experience in commercial finance and frequent opportunities to collaborate with credit, sales, and operations teams.
What cities are hiring for Factoring Underwriter jobs? Cities with the most Factoring Underwriter job openings:
What states have the most Factoring Underwriter jobs? States with the most job openings for Factoring Underwriter jobs include:
Infographic showing various Factoring Underwriter job openings in the United States as of May 2026, with employment types broken down into 57% Full Time, 26% Part Time, 1% Temporary, and 16% Contract. Highlights an 82% Physical, 10% Hybrid, and 8% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
Vice President - Underwriter - Factoring

Vice President - Underwriter - Factoring

First Business Bank

Madison, WI • Remote

Full-time

Posted 14 hours ago


Job description

Join us today as the Vice President – Underwriter - Factoring!
First Business Bank is a Top Workplaces USA company, learn more here.
At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us! 
 
 Location: Remote. 
 
 Overview:
In this position, you will play a key role in evaluating prospective clients, assessing collateral and debtor credit quality, structuring transactions, and supporting sound credit decisions. You will also serve as a trusted partner to business development and leadership while helping improve underwriting processes and overall department efficiency.
 
Essential responsibilities of this role include:
  • Partner with Business Development Officers to screen prospective clients and assist in structuring transactions using available financial information, pricing models, and credit insights
  • Conduct comprehensive due diligence through third-party resources, including D&B, UCC searches, payroll tax compliance tools, personal credit reports, and other relevant platforms
  • Evaluate the quality of accounts receivable proposed for purchase, including review of underlying contract language, dilution and offset risk, historical receivables performance, and other collateral considerations
  • Assess the credit quality of account debtors using third-party credit reports, financial statements, trade references, and additional underwriting information
  • Compile, analyze, and present underwriting packages in approved format for review by First Business Credit authorities
  • Coordinate and assist in the preparation of factoring and related transaction documents
  • Provide recommendations to management on opportunities to enhance underwriting quality, efficiency, and process consistency
  • Support the broader success of the Accounts Receivable Finance department and First Business Bank through collaboration, leadership, and other related responsibilities as needed
Qualifications
  • 10+ years of experience in Factoring underwriting
  • Strong ability to analyze financial information, identify risk, and make sound recommendations
  • Experience reviewing financial statements, credit reports, collateral quality, or operational risk factors
  • High attention to detail and the ability to manage multiple transactions and priorities
  • Strong written and verbal communication skills, including the ability to clearly present findings and recommendations
  • A proactive, team-oriented mindset and interest in improving processes