- Manage the entire transaction documentation and closing process for Equipment Finance lease/loan transactions.
- Active member of the deal team working directly with the client, relationship manager, portfolio manager, asset manager, legal and pricing manager to ensure that policy, compliance and regulatory matters necessary for closing are addressed early in the process.
- Effectively manages and prioritizes work queues for new lease/loan transactions.
- Proactively manages work-in-progress within the closing calendar, balancing the needs of multiple internal and external stakeholder simultaneously.
- Ensures that transactions are documented and closed per the instructions and conditions stated in the credit and asset management approval memo(s).
- Work with their manager to determine, obtain and analyze required due diligence items including, but not limited to:
- Know Your Customer requirements
- UCC searches
- Proof of insurance
- Entity Corporate documents
- Assignment documents
- UCC-1/UCC-3 preparation
- Invoices/Proof of Payment
- MSO/Titles
- Confirm wire instructions provided by vendor or customer are correct and accurate.
- Prepares appropriate documentation in compliance with the terms of the request.
- Obtain all necessary approvals including accounting, tax, pricing, and legal to ensure that
- Work with their manager to determine if enlisting assistance from legal counsel to advise on specific transaction issues and unresolved legal matters pertaining to transaction documentation is required.
- Promptly and accurately determine when all underwriting, pricing and/or equipment management approval conditions for funding have been satisfied. Take appropriate actions to resolve deficiencies and if not able to resolve themselves, escalates disputes to appropriate level.
- Prepare ACE Transaction and funding communication to ensure proper disbursement of funds via wire, deposit account and check payments.
- Ensure proper filings are made and, if applicable, 3rd party subordinations/releases obtained to perfect Fifth Third's liens/ownership (including proper motor vehicle title work).
- Ensure effective communication and coordination with applicable departments to finalize interim draws.
- Thoroughly understand equipment lease/loan documentation and other source data to ensure proper boarding of all aspects of the transaction into the accounting system.
- Board lease/loan transactions to the accounting system.
- Take proactive steps to ensure that follow up items are received on a prompt and timely basis.
- Ensure all goals and departmental service standards are met.
- Escalate issues to appropriate personnel as necessary.
- Participate in projects as assigned.
- Present suggestions on efficiency improvements for the department.
- Equipment Loans, including outside counsel prepared
- Finance Leases
- Tax Leases
- Synthetic Leases
- Interim Financing Products
- Municipal Transactions, including outside counsel prepared
- Leverage Leases
- Rail Financing
- Syndicated Transactions
- Aircraft Financing
- Solar Leases
- 3-5 years' experience with lease/loan documentation, with demonstrated expertise in due diligence and perfection processes preferred.
- Bachelor's degree in Business (e.g. Business Administration, Finance, Accounting) or equivalent work experience preferred.
- Proficient knowledge of lease and loan structures and documentation needs/requirements.
- Knowledge of equipment lease and loan documentation, collateral, lien perfection, evaluation/review/interpretation of UCC searches and vehicle titling needs and processes strongly preferred.
- A working knowledge of bank accounting/boarding systems.
- Working knowledge of bank policies and procedures.
- Proficient with all Microsoft Office products.
- Strong attention to detail and organizational skills.
- Effective problem solving and analytical skills, with ability to handle and prioritize multiple tasks.
- Ability to work independently, with minimal direction.
- Solid decision-making and trouble-shooting skills.
- Solid verbal and written communication skills, with a team player attitude.
- Comfortable interacting with corporate customers and peers.
- Ability to meet deadlines under pressure.
-
Document Control Specialist
2 weeks ago
BVF Engineering, Inc. Baltimore, United StatesJob Summary: · **Duties**: · - Manage and maintain company documents, both physical and electronic · - Organize and categorize documents for easy retrieval and reference · - Ensure documents are accurate, complete, and up-to-date · - Perform quality checks on documents to ensure ...
-
Documentation Specialist for Export
4 days ago
Velocity Ventures Laurel, VA, United States Freelance**Get excited for**: · - Your starting salary is approximately **2,400 €** gross plus tax-free allowances // After 9 months, your salary will increase to approximately **2,900 €** plus tax-free allowances (adjusted for experienced professionals) · - **Corporate Benefits** - disco ...
-
Document Specialist
6 days ago
Sonic Automotive Owings Mills, United StatesDocument Specialist - Audi Owings Mills in Owings Mills, MD at Sonic Automotive · Location: · 9804 Reisterstown Road · Owings Mills, MD 21117 · Job Type: · Other · Experience: · Associate · Job Description · The Document Specialist is responsible for preparing deals to be se ...
-
Document Specialist
2 weeks ago
Venable LLP Baltimore, United StatesPosition Information · You're looking for a change, and so are we. At Venable, we know that every new hire brings valuable experience, new perspectives, and a chance to raise the bar on our approach to how we work. That's why we're looking for a dynamic Document Specialist to pr ...
-
Document Specialist
6 days ago
EmergencyMD Baltimore, United StatesEnjoy problem-solving, need a venue to display your creativity, and emerging technologies pique your interest; if so, Barrow Wise Consulting, LLC is for you. As a multi-disciplined leader, you understand the gifts that set you apart from everyone else. Demonstrate innovative solu ...
-
Document Specialist
3 days ago
Venable LLP Baltimore, United StatesPosition Information · You're looking for a change, and so are we. At Venable, we know that every new hire brings valuable experience, new perspectives, and a chance to raise the bar on our approach to how we work. That's why we're looking for a dynamic Document Specialist to pr ...
-
Document Specialist
6 days ago
Venable LLP Baltimore, United StatesYou're looking for a change, and so are we. At Venable, we know that every new hire brings valuable experience, new perspectives, and a chance to raise the bar on our approach to how we work. That's why we're looking for a dynamic Document Specialist to provide comprehensive admi ...
-
Documentation Specialist
3 weeks ago
MILLENNIUMSOFT Baltimore, United StatesPosition : Documentation specialist · Location : Sparks, MD · Duration : 12 Months · Total Hours/week : 40.00 · 1st Shift · Client: Medical Device Company · Level Of Experience: Entry Level or Mid-Level · Employment Type: Contract on W2 (Need US Citizens Or GC Holders Or OPT EAD ...
-
Document Specialist
6 days ago
Barrow Wise Consulting, LLC Baltimore, United StatesEnjoy problem-solving, need a venue to display your creativity, and emerging technologies pique your interest; if so, Barrow Wise Consulting, LLC is for you. As a multi-disciplined leader, you understand the gifts that set you apart from everyone else. Demonstrate innovative solu ...
-
Document Specialist
4 days ago
Barrow Wise Consulting, LLC Baltimore, United StatesEnjoy problem-solving, need a venue to display your creativity, and emerging technologies pique your interest; if so, Barrow Wise Consulting, LLC is for you. As a multi-disciplined leader, you understand the gifts that set you apart from everyone else. Demonstrate innovative solu ...
-
Documentation Specialist
2 weeks ago
Acro Service Corp Linthicum, United StatesJob Description: · Responsible for production support engineering with respect to picking up component data packages from receiving inspection, reviewing data packages against documented requirements, scanning and uploading data packages to system repository, and approving data p ...
-
Documentation Specialist
3 weeks ago
Acro Service Corp Linthicum, United StatesJob Title : Data Insight Analyst · Duration : 06 months (possibility of extension) · Location : Linthicum, MD · Pay : $30-36/hr on w2 basis without benefits. · Job Description: · Responsible for production support engineering with respect to picking up component data packages fro ...
-
Technical Documentation Specialist
3 weeks ago
Leidos Bel Air, United StatesThe National Security Sector of Leidos has an immediate opening for a Technical Documentation Specialist in Abingdon, MD. · The Technical Documentation Specialist will support program efforts to develop and refined technical documentation, to include manuals, procedures, and pro ...
-
Technical Documentation Specialist
3 weeks ago
Leidos Bel Air, United StatesDescription · The National Security Sector of Leidos has an immediate opening for a Technical Documentation Specialist in Abingdon, MD. · The Technical Documentation Specialist will support program efforts to develop and refined technical documentation, to include manuals, proc ...
-
Technical Documentation Specialist
2 weeks ago
Leidos Bel Air, United StatesThe National Security Sector of Leidos has an immediate opening for a Technical Documentation Specialist in Abingdon, MD. · The Technical Documentation Specialist will support program efforts to develop and refined technical documentation, to include manuals, procedures, and prod ...
-
Technical Documentation Specialist
3 weeks ago
Leidos Bel Air, United StatesThe National Security Sector of Leidos has an immediate opening for a Technical Documentation Specialist in Abingdon, MD. · The Technical Documentation Specialist will support program efforts to develop and refined technical documentation, to include manuals, procedures, and prod ...
-
Manufacturing Documentation Specialist
6 days ago
Neuraxpharm Group Dundalk, United StatesCareer Opportunities: Manufacturing Documentation Specialist · Requisition ID · 4125 · - Posted - · Dundalk, IRL · - · Ireland · The Manufacturing Documentation Specialist supports routine manufacturing within the WuXi Biologics Manufacturing 6 & 7 sites, including document ...
-
Documentation Support Specialist
1 week ago
ANGARAI Baltimore, United StatesJob Description · Job DescriptionJob Title: Documentation Support Specialist · Job Location: Baltimore, MD, USA · Last day to apply: 26-Jan-2024 · Job Type: Onsite · ANGARAI - Project Management firm based out of College Park, MD. · ANGARAI is a professional management firm that ...
-
Document Management Specialist
3 weeks ago
Applied Technology Services Baltimore, United StatesJob Description · Job DescriptionApplied Technology Services (ATS) is an IT systems integrator and has been a trusted partner to customers in the Mid-Atlantic region for 20 years. We have core competencies in Enterprise Modernization, Infrastructure Services, End User Computing, ...
-
Clinical Document Specialist
1 week ago
Johns Hopkins Medicine Baltimore, United States Full timeThe world is watching · The Johns Hopkins Health System Corporation (JHHS) is a not-for-profit organization dedicated to providing the highest quality patient health care in the treatment and prevention of human illness. JHHS is an academically based health system. JHHS' most im ...
Equipment Finance Documentation Specialist - Hunt Valley, United States - Fifth Third Bank
Description
Make banking a Fifth Third betterWe connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION:
The Equipment Finance Documentation Specialist is responsible for all aspects of documenting, closing and funding Equipment Finance lease transactions.
This position will interface with the client, relationship manager, portfolio managers, asset managers, legal and pricing managers for all matters related to the due diligence, documentation, perfection, closing and funding, and thus must be able to coordinate with and influence multiple parties while driving toward the shared goal of an excellent client experience.
Ensures that all documents required for closing are in place and coordinates judgmental "clear to close" decisions and any document or process exceptions with their manager or mentor.
The Equipment Finance Documentation Specialist will prepare all lease/loan documents required for closing, and ensure that the business' equipment liens and/or ownership are properly perfected in accordance with legal requirements, and Fifth Third Bank Policies and Procedures.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns and personally following policies and procedures as defined.
Accountable for always doing the right thing for customers, colleagues and the business and ensure that actions and behaviors drive a positive customer experience.
While operating within the Bank's risk appetite, achieves results by working with their manager to consistently identify, assess, manage, monitor and report risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Transaction types include, but are not limited to:
SUPERVISORY RESPONSIBILITIES:
None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made.
All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently.
This position description is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodation.Equipment Finance Documentation Specialist
LOCATION Cincinnati, Ohio 45202
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
