The VP; Factoring Business Development Officer is responsible for generating new factoring business, developing client and referral relationships, and supporting the growth of the Bank ...
The VP; Factoring Business Development Officer is responsible for generating new factoring business, developing client and referral relationships, and supporting the growth of the Bank ...
VP; Factoring Business Development Officer
Miami, FL · On-site +1
Overview The VP; Factoring Business Development Officer is responsible for generating new factoring business, developing client and referral relationships, and supporting the growth of the Bank ...
VP; Factoring Business Development Officer
Miami, FL · On-site +1
Overview The VP; Factoring Business Development Officer is responsible for generating new factoring business, developing client and referral relationships, and supporting the growth of the Bank ...
Wells Fargo is seeking a Portfolio Manager in ABL and Factoring who is responsible for managing a portfolio of commercial clients who utilize asset-based lending and factoring solutions. The PM ...
New
Wells Fargo is seeking a Portfolio Manager in ABL and Factoring who is responsible for managing a portfolio of commercial clients who utilize asset-based lending and factoring solutions. The PM ...
New
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CDL A Owner Operator |Free dry van trailer|Flatbed no factoring fee
Orlando, FL · On-site
$8.0K - $10K/wk
Join Ali Star Inc -- Grow Your Business With Us What We Offer ✅ FREE Trailer - No Trailer Rental Fee ✅ NO Factoring Fees ✅ Weekly Gross: $8,000-$11,000 Dryvan Flatbed -$12000-$18000 ✅ Average ...
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Relocation assistance
Be Seen First
CDL A Owner Operator |Free dry van trailer|Flatbed no factoring fee
Orlando, FL · On-site
$8.0K - $10K/wk
Join Ali Star Inc -- Grow Your Business With Us What We Offer ✅ FREE Trailer - No Trailer Rental Fee ✅ NO Factoring Fees ✅ Weekly Gross: $8,000-$11,000 Dryvan Flatbed -$12000-$18000 ✅ Average ...
Relocation assistance
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
The primary responsibility is to increase new business by identifying, sourcing, and closing viable prospects for Factoring and Asset Based Lending deals across a variety of industries. ESSENTIAL ...
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The primary responsibility is to increase new business by identifying, sourcing, and closing viable prospects for Factoring and Asset Based Lending deals across a variety of industries. ESSENTIAL ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Owner-Operator Box truck OTR Non Cdl - Quick Pay, be payed every 48hrs
Miramar Beach, FL · On-site
$5.5K - $8.0K/wk
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Quick apply
Owner-Operator Box truck OTR Non Cdl - Quick Pay, be payed every 48hrs
Miramar Beach, FL · On-site
$5.5K - $8.0K/wk
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
Owner-Operator Box truck OTR Non Cdl - Quick Pay, be payed every 48hrs
Plantation, FL · On-site
$5.5K - $8.0K/wk
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Quick apply
Owner-Operator Box truck OTR Non Cdl - Quick Pay, be payed every 48hrs
Plantation, FL · On-site
$5.5K - $8.0K/wk
Weekly gross earnings: $5,500 - $8000 * 12% company service fee with factoring included * Owner-operators take 88% of the gross * Onboarding in as little as one day * You may run under our MC ...
New
Factoring information
See Florida salary details
$14.2K - $20.6K
0% of jobs
$20.6K - $27K
0% of jobs
$27K - $33.4K
1% of jobs
$33.4K - $39.7K
6% of jobs
$45.9K is the 25th percentile. Wages below this are outliers.
$39.7K - $46.1K
18% of jobs
$46.1K - $52.5K
22% of jobs
The median wage is $53.2K / yr.
$52.5K - $58.9K
21% of jobs
$61.2K is the 75th percentile. Wages above this are outliers.
$58.9K - $65.3K
16% of jobs
$65.3K - $71.7K
4% of jobs
$71.7K - $78.1K
4% of jobs
$78.1K - $84.4K
6% of jobs
$14.2K
$57.8K
$84.4K
How much do factoring jobs pay per year?
What jobs make $1,000,000 a year?
What Are Factoring Companies?
Factoring companies buy invoices and accounts receivable from other businesses and then undertake the collection process. They often pay only a fraction of the value of an invoice, as companies are often willing to sell at a loss to maintain cash flow and finance strategic business initiatives. Factoring companies are active in a variety of industries, and a corporation can benefit from factoring for several reasons. For example, staffing companies sometimes use factoring to remain solvent while awaiting payment from their clients, while tech companies may use it to generate funding while a project is in development.
What are the main challenges faced by professionals working in factoring operations, and how can they prepare for them?
What is a factoring job?
What is the difference between Factoring vs Accounts Receivable Specialist?
| Aspect | Factoring | Accounts Receivable Specialist |
|---|---|---|
| Primary Role | Purchasing receivables from businesses to provide immediate cash | Managing and collecting outstanding customer invoices |
| Credentials | No specific certifications required, but financial knowledge helps | Accounting or finance certifications often preferred |
| Work Environment | Financial institutions, factoring companies | Corporate finance, accounting departments |
| Industry Usage | Finance, lending, factoring services | Business, finance, accounting sectors |
Factoring involves purchasing receivables to improve cash flow, while Accounts Receivable Specialists focus on managing and collecting invoices. Both roles are essential in financial operations but serve different functions within the cash flow management process.
What is factoring in finance?
What are the key skills and qualifications needed to thrive as a Factoring Specialist, and why are they important?
What are the top 5 factoring companies?
What jobs pay 500,000 a year in the US?
- Freight Owner Operator
- United Van Lines Owner Operator
- Boasso Global Owned Operated Driver
- Freelance Owner Operator Propane Hauling
- Expedited Loads Owned Operated
- Intermodal Companies Owner Operators
- Freelance Owner Operator Livestock Hauling
- Arl Transport Owner Operator
- Part Time Long Distance Cargo Van
- Hotshot Owned Operated

Job description
The VP; Factoring Business Development Officer is responsible for generating new factoring business, developing client and referral relationships, and supporting the growth of the Bank’s profitability and portfolio expansion. This role focuses on identifying qualified prospects, understanding clients’ working capital needs, structuring receivables-based financing solutions, and partnering with underwriting and internal teams to ensure transactions are properly evaluated, approved, and managed.
- Originate and develop new factoring opportunities through prospecting, market outreach, networking, and referral source relationships
- Assess client financing needs and structure factoring solutions aligned with credit, profitability, and portfolio growth objectives.
- Prepare and support factoring packages for underwriting and approval.
- Negotiate business terms and present factoring products to prospective clients and referral partners.
- Monitor portfolio performance, client exposure, and market trends.
- Partner with internal stakeholders and the Factoring Operations Team to identify emerging risks, preserve credit quality, and support sound portfolio administration.
- Manage and deepen client relationships’ following onboarding by maintaining regular contact, supporting retention efforts, identifying additional factoring volume, and uncovering cross-sales where appropriate.
Education/Experience:
Requirements
- Associates Degree in Business Administration, Accounting or Finance.
- 4+ years of experience directly related to Factoring Sales and negotiations of factoring contracts.
Combination of education and experience will be considered.
Skills & Competencies
- Strong factoring sales experience and relationship management skills.
- Ability to develop a sustainable pipeline of profitable business opportunities.
- Must be able to travel and visit prospected new clients nationwide for potential sales meetings/client visits.
- Must possess a formal credit training background.
- Ability to creatively analyze receivables purchase.
- Strong reasoning, analytical, organizational, interpersonal, verbal and written communication skills.
- Strong understanding of underwriting/credit worthiness of potential clients.
- Must possess excellent organizational, interpersonal, time management, written and verbal communication skills.
- Computer proficiency in MS Software (e.g. Excel, Word, and Outlook).
Preferences
- Existing book of factoring business along with New Broker Relationships a Huge Plus
- Bachelor’s Degree in Business Administration, Accounting or Finance, with
- 2+ years of experience directly related to Factoring Sales and negotiations of factoring contracts.
Licenses/Certifications
- None
In this role you can work remote from Miami, Florida, United States
About Ocean Bank
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
501 - 1,000 Employees
Headquarters location
Miami, FL, US
Year founded
1982