Job Description

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex.

This position is primarily responsible for monitoring asset quality and assisting with the administrative functions of the Advance Partners portfolio relationships. The incumbent will perform underwriting and evaluations of existing relationships, presentation of annual reviews, and renewals, in addition to financial statement and other documentation collection, reporting, and monitoring.

Responsibilities

Advance Partners, a Paychex-backed financial services firm founded in 1998 and based in Cleveland, OH, empowers staffing agencies with payroll funding, invoice factoring, back office support, and strategic services. Serving 600+ firms with nearly $8 billion annually, they offer flexible capital, compliance expertise, and growth-focused advisory tailored to the talent acquisition industry. For more information visit http://www.advancepartners.com

Please note: The person who fills this role will train/work in one of the local offices listed in the posting. After training they will be allowed to work a hybrid schedule of 3 days in the office and 2 days at home if desired.

The shift is Monday - Friday, approx. 8:30 am - 5:00 pm ET. (hours in other time zones may be adjusted)

Applicants must be authorized to work for any employer in the US. Paychex is unable to sponsor or take over sponsorship of an employment Visa at this time. Candidates for this role may not be located in CA.

This position is available for US based applicants only.

• Monitors the asset quality and administrative functions of assigned portfolio to identify potential risk areas and address accordingly.
• Reviews existing customer setup requests for credit approval based on available research information through Dunn & Bradstreet, EDGAR/SEC filings, Bloomberg, Lexis Nexis, Equifax, Experian, etc. to ensure only qualified debtors are approved and appropriate credit limit is set.
• Performs annual client reviews (re-CAM) for existing relationships to analyze creditworthiness, identify key credit issues, and prepare full written analysis.
• Identifies, recommends, and implements strategies to best reduce the risk of loss to the company in deteriorating client situations and upon review, recommends risk rating changes.
• Participates in weekly Credit and Debtor meetings for assigned relationships, in conjunction with the service team members, to coordinate and discuss potential escalating credit issues.
• Monitors interim financial statements and trends within the industry relative to debtors in the portfolio to proactively identify any risk areas for mitigating action plans or continued monitoring.

Qualifications

Compensation

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $65,600 - $103,100 annually. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Live the Paychex Values

• We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
• We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
• We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
• We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
• We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.
Not sure if you meet every requirement?

At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.

Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.