Equipment Finance Specialist 1

Position Summary: The Equipment Finance Specialist 1 performs a variety of equipment lending/leasing responsibilities including producing loan/lease documents, posting payments, filing collateral documents, creating reports, producing, and mailing loan/lease statements. This role is eligible for hybrid work from home opportunity under the work from home guidelines up to one day per week upon completion of onboarding.

Essential Functions:

• Demonstrate thorough understanding of all bank policies including bank loan and leasing policies, government regulations, and compliance requirements.
• Prioritize daily work queue to ensure documentation is ready for scheduled closing.
• Assess lease/loan presentations for completeness and adherence to all bank policies, including lease/loan policy, government regulations, and compliance requirements.
• Acquire and demonstrate knowledge and expertise on product concepts for 8 lease types, multiple loan types as well we Equipment Finance agreements and guidance lines and lines of credit.
• Acquire and demonstrate knowledge and expertise on various channels of direct customers, third party, originators, vendors, and other referral sources.
• Verify proper approval of all variances from lease/loan presentation summary prior to document generation.
• Interact with loan officers and customers, as needed, to acquire necessary information to complete documentation of payments, processing sales tax and personal property tax, when applicable, insurance, titling/UCC requirements, and terminations or payoffs.
• Complete documentation requirement checklists and coding information on the bank's software systems.
• Generate initial, closing, amended, and turn down documentation including but not limited to notes, guidance lines, security documents, amendments, guaranty, and entity lending resolutions and Secretary's Certificate of Authority.
• Review, recommend and request approval of documentation and funding portions of transactions.
• Serve as backup to Equipment Finance Specialist 1.
• Acquire and demonstrate knowledge and expertise in Aspire (end to end solution), nCino, and Navigator (mainframe system).
• Process daily payments from incoming/outgoing wires, checks and Automated Clearing House (ACH) transactions in two software systems. Produce and mail payment statements and rate change notices.
• Contact customers when past due payments are applicable.
• Create monthly reports using the banks' software programs.
• Understand and adhere to all bank policies, laws, and regulations applicable to position. Complete compliance training, follow internal processes and controls as required.
• Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies.
• Performs other job-related duties or special projects as assigned.
• Regular and reliable attendance is an essential function of this position.

Qualifications:

• One year banking or financial service experience preferred.
• One year loan documentation experience preferred.
• High school diploma required.
• Proficient in Microsoft Office Products and in working with other company software.
• Strong math skills.

Preferred Talents:

• Organized
• Accurate and detailed
• Effective communicator and customer service focused
• Self- directed and takes initiative
• Time efficient and deadline driven
• Ability to work under pressure

Working Environment:

Indoor work - not exposed to outdoor elements or hazards.

Some sedentary work and occasional lifting and/or carrying up to 20 pounds.

This role is eligible for hybrid work from home opportunity under the work from home guidelines upon completion of onboarding.

PLEASE VIEW THE APPLICANT TERMS & CONDITIONS BEFORE PROCEEDING WITH YOUR APPLICATION.