Account Management Team Lead - Accounts Receivable Financing

First Business Financial Services Inc

Des Plaines, IL

JOB DETAILS
LOCATION
Des Plaines, IL
POSTED
30+ days ago
Join us today as the Team Lead – Accounts Receivable Financing - Hybrid!
First Business Bank is a Top Workplaces USA company, learn more here.
At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us!
OVERVIEW:
The Team Lead- Accounts Receivable Financing plays a key role in scaling our Accounts Receivable Finance platform by leading an Account Management team and managing a select portfolio of complex clients. This role balances people leadership, client partnership, and operational excellence while collaborating closely with cross‑functional teams. You’ll help drive a strong client experience, support growth, and continuously improve how we operate.
 
Work Model: This is a hybrid role- with up to two days per week at the office: 2400 East Devon Ave, Des Plaines, IL.
 
Specifically, as the Team Lead – Accounts Receivable Financing you will:
Operational Excellence (25%)
  • Lead day‑to‑day account management activities including invoice purchases, approvals, and workflow oversight
  • Review exceptions, resolve issues, and ensure compliance with policies and procedures
  • Monitor portfolio health and escalate risks proactively
Client Partnership (25%)
  • Serve as a trusted partner to clients, ensuring clear and timely communication
  • Support client onboarding, renewals, and offboarding
  • Approve client line changes within authority and escalate as needed
Cross‑Functional Collaboration (20%)
  • Partner with Underwriting, Portfolio Management, Debtor Credit, Collections, and Operations
  • Participate in onboarding, portfolio reviews, and pipeline discussions
  • Surface risks and ensure timely resolution in partnership with leadership
Team Leadership & Growth (20%)
  • Set clear goals and lead a high‑performing Account Management team
  • Coach, develop, and support team members through regular feedback
  • Foster accountability and a continuous‑improvement mindset
Process Improvement (10%)
  • Identify efficiencies and help scale processes as the business grows
  • Support system enhancements and SOP updates
The successful candidate should have:
  • Minimum of 7 years of experience across key areas of the factoring industry.
  • Minimum 3 years of management experience.
  • Proficient in identifying client fraud or suspicious activity in a factoring environment.
  • Ability to adapt to changing priorities.
  • Expected to work in a fast-paced environment under deadlines while maintaining accuracy and quality.
  • Proficient in training small groups on new or existing processes.
  • Proven ability to manage team members across in-office, hybrid and remote work environments.
 

About the Company

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First Business Financial Services Inc