About the Company
My client is a fast-growing startup located in downtown Manhattan, specializing in Merchant Cash Advances (MCA) and private credit solutions.
About the Role
My client is seeking a Funding Operations Manager to support their growing broker team. This role involves researching and identifying various lending programs, including cash advances, loans, and other financial products that clients may qualify for. The individual will maintain a comprehensive database of available funding options for brokers to reference when assessing client files. The goal is to equip brokers with a diverse range of lending solutions to quickly match clients to the most suitable financing options based on their specific needs.
Responsibilities
- Develop SOPs: Create and maintain clear Standard Operating Procedures (SOPs) for brokers to understand which deals align with specific lenders.
- Conduct Lender Research: Identify and assess current and potential lenders to keep brokers informed of opportunities and changes.
- Provide Broker Support: Equip brokers with essential resources, such as profiles and funding libraries, to facilitate deal progression.
- Perform Market Analysis: Monitor trends and provide reports on the business funding sector to inform decision-making.
- Collaborate Across Departments: Work with leadership to enhance operational workflows and support broker efficiency.
Qualifications
2+ years of experience in business lending, finance, or a related field, preferably within Merchant Cash Advances (MCA) or alternative financing.
Required Skills
- Strong research skills and experience managing comprehensive databases or systems.
- Adaptability: Ability to thrive in a fast-paced startup environment.
- Problem-Solving: Excellent analytical skills and attention to detail.
- Communication: Ability to convey complex information clearly across teams.
- Task Management: Ability to prioritize and manage multiple responsibilities effectively.