Account Executive II

Job Overview
Job Order:JO00020579
Date Posted:May 26
Category:1 - Accounting & Finance
Metro Area:

Account Executive II (Loan Portfolio Management) – 2+ years’ of experience

Venteon Finance is currently seeking an Account Executive II (Loan Portfolio Management) for a commercial lending company located in Troy, MI. The ideal candidate will be a critical contributor to the company’s overall financial success.

The Joint Venture Account Executive II will manage all aspects of an assigned portfolio of accounts, ensuring the relationships meet corporate standards for risk, profitability, factoring and asset-based lending services, and financial controls. In addition the Account Executive will be responsible for several different types of lending products between factoring, ABL (Asset-based lending), M&E, Leasing, Alternative Energy/Tax Credits and will also assist with the addition of any new Joint Ventures or Specialty Finance products.

Requirements of the Account Executive II (Loan Portfolio Management)

  • A bachelor’s degree is preferred with a concentration in accounting or finance;
  • Preferably 2 plus years of experience at a bank with a credit background
  • Experience in banking, risk management, commercial lending, with demonstrated strong credit management and financial statement analysis
  • Must be detail oriented and analytical
  • Customer oriented mindset

Benefits of the Account Executive II (Loan Portfolio Management)

  • Excellent Medical Plan
  • Dental & Vision Insurance
  • Life Insurance
  • Short & Long Term Disability
  • Vacation Time
  • Paid Holidays
  • Professional Development
  • Retirement Plan

Responsibilities of the Account Executive II (Loan Portfolio Management)

  • The Account Executive for the Joint Venture group will have an integral role in the day-to-day management of the JV client portfolios and Alternative Energy relationships, while assisting in developing strategies for workout clients, and supporting the group with new JV opportunities.
  • Responsible to ensure the Joint Ventures and Alternative Energy relationships are managed according to approved Standard Operating Procedures and Underwriting requirements.
  • Closely monitor individual JV Client performance and Risk Ratings on a routine basis and provide feedback/recommendations.
  • Prepare the client credit narratives (CAR) or amendments for approval of any changes to existing facilities.
  • Work closely with various groups (BDO’s, UW’s, JV Partners) to assist in the underwriting and onboarding of new prospective Joint Venture clients.
  • Review due diligence and required documentation on all new Joint Venture clients to ensure information is accurate and meets SOP and underwriting requirements.
  • Support Joint Venture Partner field examinations to understand collateral and financial trends.
  • Assist with internal and external audits of the Joint Ventures and Alternative Energy transactions and work with JV group to provide appropriate responses and supporting documentation.
  • Review month-end reporting for all JV’s and Alternative Energy and prepare the necessary reports
  • Provide support in the underwriting of prospective Alternative Energy transactions, reviewing appraisals, cost certifications, and independent engineering reports.
  • Responsible for monitoring the Alternative Energy portfolio to ensure solar projects and fuel cells leases are performing as expected and underwriting requirements are being met.
  • Review and assist in preparation of monthly watch credit materials and Adverse Asset Reports.
  • Review and provide feedback on JV and Alternative Energy group financial operating performance.
  • Perform other duties as assigned. This position will normally have some overlap in the job functions of the Joint Venture Commercial Underwriter who is responsible for underwriting the various JV products: term loans, leases, factoring, asset-based lines of credit, alternative energy sale-leasebacks, etc.
  • Manage portfolio through complete and current knowledge of client’s financial condition, management’s performance, and industry trends, and take timely action so client losses are minimized and do not exceed budgeted standards.
  • Responsible for ensuring all advances and loans comply with loan policy and approved structure.
  • Attain an acceptable contribution to overhead and/or profit from each client arrangement to achieve individual profit objective.
  • Responsible for documenting all relationships to ensure approved and required legal documentation.
  • Resolve factoring and asset-based lending service problems, control operational costs, and minimize loss of clients to competition.
  • Propose changes in policies and procedure to reduce costs and provide better and more efficient services.
  • Develop and operate within individual budget to control expenses.
  • Structure and underwrite changes to existing deals for management approval.

If you are a high performer and would like to work for an equally high performing company and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume in Word format to

We treat all resumes with strict confidentiality. We will always contact you first before submitting your resume to our client(s) for review. If you do not receive correspondence, you are not a fit for this position.

At Venteon our talent acquisition team is proud to provide our clients with the most qualified Accounting & Finance, Engineering, IT and Administrative talent in the industry today.