Risk Coordinator
REV Capital
Job Responsibility:
Risk Coordinator
We are seeking a highly skilled and motivated Risk Coordinator to join our dynamic team. A risk coordinator plays a vital role in the organization by identifying, assessing, and mitigating risks that may affect its operations, reputation, or financial standing.
About REV Capital:
Cashflow restrictions are a universal challenge for B2B business owners. At REV 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 practical breakdown by 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!"
About You:
You are a passionate and resourceful Risk Coordinator who thrives in a fast-paced, collaborative environment. You have a strong foundation in risk assessment, communication, and analytical skills. With a keen eye for detail and a commitment to risk management, you enjoy solving complex problems and are always looking for ways to improve processes and performance.
Responsibilities:
- Preparing legal files, including gathering invoice images, and formatting them for the lawyers.
- Managing requirements for reserve release, such as current banking information and invoices for audit purposes.
- Facilitating broker refunds by providing necessary accounting backup.
- Notifying Accounting team to either write off balances or cover written-off balances.
- Preparing release letters for clients and debtors.
- Verifying Letters of Release (LORs).
- Managing high-level or problematic A/R issues and flagging any matters requiring my attention.
Qualifications:
- Bachelor's degree in risk management, finance, business administration, or related field.
- 2-4 years working experience with an attention to detail
- Strong analytical skills to assess risk likelihood and impact
- Excellent communication and interpersonal skills to collaborate with diverse stakeholders
- Knowledge of risk management methodologies and frameworks
- Proficiency in data analysis and reporting tools
- Understanding of relevant industry regulations and compliance requirements
- Project management skills to oversee risk mitigation initiatives
What We Offer:
- Employer matching RRSP program
- Competitive compensation plan
- Flexible work schedule
- Growth and development opportunities
- Team outings and social events
- Excellent extended medical, dental, and vision benefits plan that is 100% employer paid
Let your journey at REV Capital begin!
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