Payoff Operations Specialist

Sorry, this job was removed at 12:05 p.m. (CST) on Saturday, Jul 19, 2025
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New York, NY, USA
Hybrid
70K-80K Annually
Fintech • Other • Software • Analytics • Financial Services
Funding what's next for small businesses. From $25,000 to $6 million in just 48 hours. Leading the #FinTech Revolution.
The Role
Description
About Us
At Biz2Credit/Biz2X, we are looking for individuals who are ready to join a dynamic and innovative fintech company on a mission to change the lending landscape for small businesses. Our values of Collaboration, Responsibility, Empowerment, Disruption, Innovation, and Trust guide everything we do, and our purpose of helping small businesses succeed drives us forward.
As a company, we believe that with the right tools and support, small business owners can achieve their dreams, and we're here to make that happen. That's why we're dedicated to developing cutting-edge solutions, like our Biz2X platform, a fully configurable SaaS solution that leverages artificial intelligence and machine learning to make lending more efficient, effective, and accessible.
But we're more than just another FinTech company. We're a team of individuals who bring their unique personalities, backgrounds, and experiences to work every day. We believe that diversity makes us stronger, and that's why we value a culture that is inclusive and supportive. We're looking for people who are excited about the opportunity to make a difference, who want to work in an environment that is both challenging and fun, and who are eager to bring their whole selves to work.
So, if you're someone who is eager to join an impactful company, who values a positive and inclusive workplace culture, and who is ready to be a part of a team that is changing the lending landscape, we want to hear from you. Come join us and be a part of something truly special at Biz2Credit/Biz2X!
About the Role
We're looking for a highly organized and detail-oriented Payoff Operations Specialist to join our Finance team at a Biz2credit, focused on alternative lending solutions for small and mid-sized businesses. In this role, you'll play a key part in supporting our payoff process and ensuring seamless customer experiences through accurate documentation and responsive communication.
Key Responsibilities
  • Generate and review, merchant payoff letters to ensure accuracy and compliance.
  • Process requests for payoff letters from borrowers, legal and collections team Process and log check deposits efficiently and accurately.
  • Generate borrower remittance statement and Serve as a point of contact for merchants regarding payoff instructions and provide support related to pay off amount calculations
  • Collaborate with internal teams such as Servicing, Legal, collection and to resolve any discrepancies or escalations.

Requirements
  • 3-5 years of accounting experience in financial services, fintech, or loan servicing; alternative lending experience is a plus.
  • Exceptional attention to detail and accuracy in handling financial documentation.
  • Strong organizational and time management skills with the ability to multitask effectively.
  • Clear and professional communication skills, both written and verbal.
  • Proficient in Microsoft Office (Word, Excel); experience with CRM or loan management systems is a plus.

Why Join Us
Be part of a mission-driven fintech company making capital accessible to underserved businesses.
Work in a fast-paced, collaborative, and innovative environment.
Opportunities for career growth and cross-functional exposure.
Salary Range
$70k-$80k

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The Company
HQ: New York , NY
580 Employees
Year Founded: 2007

What We Do

Biz2Credit, a financial technology company founded in 2007, that provides funding to small business and Biz2X, a rapidly growing, high-growth Series B ($52M), SaaS digital lending platform start-up disrupting a $1.4 Trillion dollar industry. Biz2Credit is focused on funding what’s next for small business. We leverage data, cash flow insights, and the latest technology to give business owners an automated small business funding platform. Biz2Credit has provided over $8 billion in small business loans and financing. In 2019, Biz2Credit launched the cloud-lending SAAS paltform Biz2X. Biz2x is an AI-powered digital banking platform that helps financial institutions automate business lending. Our cloud-based technology helps transform lending at scale, by providing a more user-friendly experience for small businesses, while helping our partners increase efficiency, optimize risk, and expand into new markets. Our clients include top 100 global banks, regional lenders, and financial service providers.

Why Work With Us

We are a collaborative culture that gives all employees the opportunity to develop. We regularly promote from within and believe that mistakes are opportunities to learn and improve. Our team has some of the brightest people on the planet all dedicated to a better financial world.

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