What are the responsibilities and job description for the Account Executive position at Chesapeake Bank?
Overview:
Talk to us about a career that makes you want to get up and come to work, have fun and make a difference.
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Summary: Manage a portfolio of Cash Flow clients performing invoice verification, funding and payment application as well as ongoing account monitoring & risk assessment, reporting and reserve releases. Interacting with business owners, client accounting staff and account debtors to ensure excellent client service and professional interaction with clients and debtors while maintaining bank safety and profitability. Understand the role as defined by the three lines of defense to maintain a compliance culture that includes isk management processes.
Responsibilities:
Chesapeake Bank-
Want to build a successful career with a financial institution that excels in the industry and has “fun” as one of its corporate values? Our team has high levels of employee engagement, proven in yearly external engagement surveys that rank us in the top 200 banks for multiple years running. We offer competitive benefit plans and have high levels of job satisfaction. Chesapeake puts an emphasis on knowing that we are only as strong as the communities we serve, therefore we contribute service hours and money to our local communities.
Talk to us about a career that makes you want to get up and come to work, have fun and make a difference.
Want to read more about why you should join the team, click the link below:
Top 10 Reason You Should Explore a Career with Chesapeake Bank
Summary: Manage a portfolio of Cash Flow clients performing invoice verification, funding and payment application as well as ongoing account monitoring & risk assessment, reporting and reserve releases. Interacting with business owners, client accounting staff and account debtors to ensure excellent client service and professional interaction with clients and debtors while maintaining bank safety and profitability. Understand the role as defined by the three lines of defense to maintain a compliance culture that includes isk management processes.
Responsibilities:
- Daily review of your portfolio and their account debtors for risk assessment and reporting
- Monitor account debtors outstanding balances and performing credit checks as needed
- Conduct and maintain records and notes of invoice verifications as required
- Manage credit limits for both clients and account debtors
- Open incoming mail and post payments for your assigned client with follow up on any discrepancies including short payments and credit memos
- Manage lockbox compliance for the account debtors in your portfolio
- Answer phone calls providing assistance with any general problems or questions
- Ensure that images of all invoices and supporting documentation are received and properly attached to each funding file
- Obtaining complete contact information for all account debtors and ensuring that Notice of Assignment letters are sent and received
- Process wire transfers and ACH transfers
- Daily processing of invoice funding files imported from the clients
- Provide daily reports to your portfolio for any activity performed
- Processing reserve releases for clients
- Preparing the monthly reserve analysis including providing the client with reports, releasing any excess reserves or collecting any reserve deficit
- Ensuring all confidential information is secured daily
- Scanning the work daily to Operations through Branch Capture
- Assist with other Cash Flow responsibilities as needed
- College Degree or High School Diploma with equivalent experience/education
- Good understanding of computers and the internet
- Excellent verbal and written communication skills
- Focused and organized with the ability to pay close attention to detail
- Proficient in typing and the ability to use an adding machine
Account Executive
MSC Industrial Supply Co. -
Newport, VA
