Credit Risk Analyst
CA$70K - CA$90K/yr
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 ...
New
Credit Risk Analyst
CA$70K - CA$90K/yr
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 ...
New
Invoice Factoring information
See Ontario salary details
$14.96 is the 25th percentile. Wages below this are outliers.
$11.54 - $16.35
35% of jobs
The median wage is $18.84 / hr.
$16.35 - $21.15
29% of jobs
$23.68 is the 75th percentile. Wages above this are outliers.
$21.15 - $25.96
21% of jobs
$25.96 - $30.77
7% of jobs
$30.77 - $35.58
2% of jobs
$35.58 - $40.38
2% of jobs
$40.38 - $45.19
2% of jobs
$45.19 - $50
1% of jobs
$50 - $54.81
0% of jobs
$54.81 - $59.62
0% of jobs
$59.62 - $64.42
0% of jobs
$11
$24
$64
How much do invoice factoring jobs pay per hour?
As of Aug 20, 2026, the average hourly pay for invoice factoring in Ontario is $24.26, according to ZipRecruiter salary data. Most workers in this role earn between $14.90 and $25.00 per hour, depending on experience, location, and employer.
What is invoice factoring?
Invoice factoring is a financial transaction where a business sells its accounts receivable (invoices) to a third-party company, known as a factor, at a discount. This allows the business to receive immediate cash instead of waiting for their customers to pay the invoices. It is commonly used to improve cash flow, pay suppliers, or reinvest in operations. The factor then collects the payment from the business's customers when the invoice is due. Invoice factoring is particularly popular among small and medium-sized businesses that need quick access to working capital.
What are the key skills and qualifications needed to thrive as an invoice factoring specialist, and why are they important?
To thrive as an Invoice Factoring Specialist, you need a strong understanding of finance, accounts receivable processes, and risk assessment, typically with a background in accounting, finance, or business administration. Familiarity with factoring software, CRM systems, and financial analysis tools is common, and relevant certifications like CFA or CPA can be advantageous. Excellent communication, negotiation, and attention to detail are vital soft skills for building client relationships and accurately evaluating invoices. These skills ensure effective risk management, client satisfaction, and smooth transaction processing in the invoice factoring industry.
How does an invoice factoring specialist typically collaborate with sales and accounting teams?
An Invoice Factoring specialist frequently works closely with both sales and accounting teams to ensure accurate and timely processing of client invoices. They coordinate with sales to verify the legitimacy of invoices and confirm delivery of goods or services, while also partnering with accounting to reconcile payments and monitor outstanding receivables. Strong communication and attention to detail are essential, as these collaborations help prevent discrepancies and ensure smooth cash flow management for clients.
What is the difference between Invoice Factoring vs Accounts Receivable Specialist?
| Aspect | Invoice Factoring | Accounts Receivable Specialist |
|---|---|---|
| Credentials | Minimal; often no specific certifications required | Typically requires accounting or finance certifications |
| Work Environment | Financial institutions, factoring companies | Corporate finance or accounting departments |
| Industry Usage | Used by businesses seeking immediate cash flow | Manages client payments and collections |
| Function | Provides immediate cash by selling invoices | Manages and collects accounts receivable |
While Invoice Factoring involves selling invoices to obtain quick cash, Accounts Receivable Specialists focus on managing and collecting outstanding invoices for ongoing cash flow management. Both roles are essential in finance but serve different purposes in cash flow strategies.
What are popular job titles related to Invoice Factoring jobs in Ontario?
For Invoice Factoring jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Invoice Factoring jobs in Ontario look for?
The top searched job categories for Invoice Factoring jobs in Ontario are:
CA$70K - CA$90K/yr
Full-time
Medical, Dental, Vision
Posted 3 days ago
New
Job description
Credit Risk Analyst
We are Building Our Talent Pipeline!
REV Capital is seeking a Credit Risk Analyst to play a pivotal role in maintaining the financial stability and growth of our organization through meticulous credit assessment and risk management practices. The Credit Risk Analyst will report to the Director of Credit and Underwriting and collaborate with cross-functional teams.
About REV Capital:
Cash flow restrictions are a universal challenge for B2B business owners.AtREV 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 practicalbreakdownby 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!
Responsibilities:
- Evaluate and analyze financial statements, credit reports, and other pertinent information to assess the risk of complex accounts.
- Conduct in-depth assessments of clients' creditworthiness and financial stability.
- Ensure all underwriting activities comply with PPSA and UCC regulations.
- Draft, review, and prepare financing statements, and other relevant documents under PPSA and UCC guidelines.
- Underwrite and review new client applications to establish their acceptability as investments for the Company; Negotiate the terms and conditions with the client while ensuring adherence to REV Capital policies and guidelines.
- Evaluate portfolios nearing maturity to determine their continued suitability as investments for the Company.
- Prepare and submit renewal applications for approval; Negotiate repayment or revised terms and conditions for portfolios deemed unacceptable.
- Review cost consultant reports and prepare funding requests
- Underwrite new and renewal business submissions ensuring proper risk selection, endorsements and pricing while adhering to underwriting authority.
- Independently establish and maintain effective relationships with brokers and generate opportunities.
- Attend and actively engage in client meetings, come prepared with well researched questions and communicate effectively with the client.
- Generate detailed reports on underwriting activities, risk assessments, and portfolio performance for senior management.
- Collaborate with the Sales team to understand client needs and offer tailored underwriting solutions.
- Work closely with Legal and Compliance teams to ensure all processes adhere to regulatory standards.
- Assist in the development of long and short-term underwriting strategic plans and executes on those objectives.
- Perform file audits of individual risks for compliance with company guidelines and conditions.
- Stay informed and up to date on any changes, trends, news, and legal developments.
- Assist with ad hoc requests as needed.
Qualifications:
- Bachelor's degree in finance, Economics, Business Administration, or a related field.
- 4-7 years of B2B credit underwriting or credit risk experience, preferably in financial services, factoring, commercial lending, or a related industry.
- Strong experience analyzing financial statements, credit reports, and other financial information to assess creditworthiness and risk.
- Experience using commercial credit reporting agencies such as D&B and Equifax.
- Strong understanding of credit analysis, underwriting principles, and risk assessment methodologies.
- Experience underwriting new and renewal B2B business, including evaluating risk and recommending appropriate terms and conditions.
- Knowledge of PPSA and UCC regulations is an asset.
- Strong analytical, quantitative, communication, negotiation, and decision-making skills, with the ability to communicate effectively with clients and internal stakeholders.
- Proficiency in Microsoft Office, particularly Excel, and the ability to work independently in a fast-paced, dynamic environment.
- Nice to have: Experience in factoring, transportation, fraud analysis, or asset-based lending.
What We Offer: - Competitive compensation of $70,000-$90,000
- Employer matching RRSP - DPSP program
- Flexible work schedule
- Growth and development opportunities
- Excellent extended medical, dental, and vision benefits plan that is 100% employer paid
Let your journey at REV Capital begin!