Get Working Capital at Competitive Rates - Accounts Receivable Financing at The Receivables Exchange

Risk Analyst

About The Receivables Exchange:

The Receivables Exchange (TRE), a subsidiary of The New Orleans Exchange, has been named as a Forbes 2009 Company to Watch, and has been recognized by The Wall Street Journal, CFO, Entrepreneur, Inc. and Fast Company magazines for its innovation in financial services.  The Receivables Exchange is the world's first online marketplace for  trading commercial accounts receivable. We help connect growing companies to a nationwide network of Buyers that compete in real time  to buy and trade commercial receivables. By bringing Buyers and  Sellers together, we help small and mid-sized companies take control  of their working capital management, increase their liquidity so that  they can grow their business. Our electronic platform is a high volume  transaction environment where real-time trading of receivables occurs  in a 24x7 online, secure environment.

 Overview: The Risk Analyst will report to the VP of Operations and is responsible for initial and ongoing validation of financial information received and selected reviews of background reports and public documents.

Experience Required: Candidates should be familiar with processing commercial credit applications or credit analysis either through formal training or experience. The ideal candidate will have 1 – 4 years of experience in the financial services industry. We will consider people from a variety of professional backgrounds.

Qualifications:

• Literacy and working knowledge of basic financial statements, public filing statements including UCC statements, and Articles of Incorporation and Bylaws
• Previous experience in either credit analysis or processing credit applications at a financial institution

Responsibilities:

• Perform selected validation on financial statements and information provided by exchange participants
• Request and review public documentation searches
• Use databases to request and review background and historical information on prospective company applicants. Link applicants to authorized representatives of prospective companies
• File UCC liens, check UCC filings and search to reflect changes
• Participate in Q&A with executive management of prospective Buyers and Sellers on the Exchange
• Monitor good standing of Exchange members including compliance with reporting requirements and analysis of ongoing pertinent public documentation
• Update and maintain internal tracking systems
• Update and maintain internal tracking systems throughout lifecycle of Seller and Buyer on the Exchange
• Perform or assist in trend analysis of Exchange members
• Keep abreast of industry and Exchange trends as to how they relate to the Exchange’s model

Benefits of working at The Receivables Exchange:
- Employee stock options
- Full medical, dental & vision coverage*
- Short-term and long-term disability coverage*
- Life insurance*
- 401K plan
- Paid vacation
- Commuter benefits program
- Healthcare Flexible Spending Account
- Tuition reimbursement program
*100% of premiums for employee and immediate family members are paid by the company for full-time employees.

Position Location
New Orleans, LA (220 Camp Street). Minimal travel is expected.

Contact: