Equipment Finance Operations Manager

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🔥 0 minutes ago

🇺🇸 United States – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

⚙️ Operations

👻 Ghost score 18%

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Logo of Prosperity Bank

Prosperity Bank

1001 - 5000 employees

Founded 1983

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Prosperity Bank is a financial institution that offers a wide range of banking services to both individuals and businesses. It provides various personal and business accounts, loans, credit cards, and wealth management services. With a commitment to customer service and excellence, Prosperity Bank aims to help clients achieve their financial goals and offers a user-friendly online banking experience.

📋 Description

• Manage the entire transaction documentation and closing process for Equipment Finance transactions, including complex structures and third-party documentation from syndicated partners • Confirm that underwriting, pricing, and equipment management approval conditions have been satisfied • Determine appropriate action for documentation contradictions and escalate issues as needed • Escalate potential risks discovered during funding, including potential fraud • Interpret and develop commercial loan documents for collateral associated with complex commercial loans • Resolve complex documentation issues and identify operating practice improvements • Consult with customers and dealers regarding loan documentation satisfaction • Prioritize fluctuating workloads and meet demanding funding deadlines • Execute titling documentation, research titles, and resolve title issues within company timelines • Interface with customers, sales, credit, collections, accounting, and DMV agencies to ensure titles are properly processed • Identify and address documentation and lien-position perfection issues affecting commercial loan funding • Control and prioritize work queues for new lease and loan transactions • Lead and manage the team through consistent training, development, and coaching • Encourage challenging goals and high performance standards

🎯 Requirements

• Bachelor’s degree preferred; equivalent combination of education and experience is acceptable • Minimum of 5 years of experience in the lease, loan, or mortgage industries • Experience with Salesforce CRM is a plus • Results-oriented work ethic and high level of personal initiative • Extremely detail-oriented and conscientious • Ability to maintain effective working relationships with co-workers and management • Adaptable to change • Proficiency with Microsoft Office Suite • Ability to work well in a fast-paced environment • Excellent written and verbal communication • Ability to interpret legal and entity documents and commercial loan documentation • Ability to compute discount, interest, profit and loss, commission markup and selling price, ratio, proportion, and percentage • Ability to perform very simple algebra • Sedentary physical work; able to exert up to 25 lbs. of force occasionally

🏖️ Benefits

• Equal Opportunity Employer statement • Sedentary office work environment • No hazardous or significantly unpleasant working conditions stated

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