How do you think the commercial finance
industry can attract more young professionals?
I have personally witnessed an unfortunate stereotype around the commercial
finance industry. More than a few young
professionals see the industry as close-minded and old-fashioned. Very simply put,
if you want to attract up-and-coming talent, you must change your mind, and then
follow through with supporting change.
That could mean using updated software
and technology, providing more competitive benefits and pay, or even reevaluating
a strict dress code; nonetheless, there
are steps that can and should be taken to
draw in a new generation of professionals. Contrary to what many people think,
changing your outlook does not mean
you must sacrifice professionalism or risk
management. On the contrary, you set the
goals, establish and nurture the culture,
and acquire young, driven, talented and
ambitious individuals who are eager to
leave a legacy.
by some of the most knowledgeable
industry leaders, even from my very first
day in finance. Over the course of my
career, my mentors have surrounded me,
taken me under their wing and invested
considerable time and effort in my professional growth, and still do. Their guidance
has been critical to my career. In turn, I
am passionate about providing the same
dedication to others. I love to see people
feel empowered and watch them grow
to their fullest potential. Knowing I have
support in my role has been invaluable to
me, and I want to provide the same for any
team I work with. Mentoring is, and always
has been, one of my favorite aspects of
my career. Team members and employees
are not just cogs in a wheel; we are all real
people with real lives and being able to
help someone advance in their career is
the true reward.
How did you wind up in the industry? We
know most kids don’t say, “I want to be in
commercial finance when I grow up.”
Eleven years ago, I stepped into the commercial finance industry after hearing
about an open position at a local factoring
company from an associate. Quite honestly, I simply needed a job. On my first day, I
had absolutely no idea what factoring was.
I quickly recognized the opportunity that
was in front of me and became a sponge.
I asked every question I possibly could
and became hungry for more knowledge.
Within a few short years, I began working
my way up within the company and industry, and have been determined to keep
growing in my career ever since.
zurdee Ramasar is the assistant vice president, portfolio manager with
Engs Commercial Capital. Over the past decade, Azurdee has worked
directly with businesses to help leverage their cash flow and working capital needs by providing accounts receivable financing, inventory financing
and other forms of asset-based lending.
Azurdee started her factoring career in 2006 as an accounts receivable specialist
with LSQ Funding Group. During her time with LSQ, she played a fundamental role
in building the accounts receivable and collection teams, developing risk management parameters, and creating training and development programs for both
internal employees and clients. She was able to grow within the organization in
operations and risk management roles of increasing responsibility. Azurdee’s most
recent role with LSQ was as an account executive, overseeing risk management,
credit and daily operations for an $80MM portfolio.
Assistant Vice President,
Engs Commercial Capital
Is there a piece of professional advice that
you would give yourself if you could go
back in time?
know now that change is
inevitable, and my attitude
towards it will determine
everything. While it is very
easy to complain about
change, throw a pity party or even run
from it, I’ve learned, and continue to
learn, that change should be embraced.
My career, as many can relate, has ebbed
and flowed, and deviated from any set
“plan” that I may have had. Nonetheless,
change is not a road block; it is an op-
portunity to grow and a stepping stone
to the next level. Every change that I
thought would set me back, propelled
me forward to milestones in my career
that I would have never imagined.
What role has mentoring played in your
I am fortunate enough to be surrounded