Equipment Finance Funding Specialist

Davita Inc.; Wisconsin; Remote; USD 55,000 - 85,000; Full time

Job summary

A leading company in the finance sector is seeking a Funding Specialist within their Equipment Finance Division. This fully remote role involves managing funding processes and ensuring compliance with regulatory requirements. Ideal candidates should have a Bachelor's degree and over 3 years of experience in equipment finance or commercial lending.

Qualifications

• 3+ years of experience in equipment finance leasing or commercial lending preferred.
• Detail-oriented with the ability to prioritize tasks in a fast-paced environment.
• Ability to effectively handle multiple, simultaneous, and changing priorities.

Responsibilities

• Manage end-to-end funding for equipment finance transactions including accuracy and compliance.
• Serve as a point of contact for clients, providing updates and exceptional customer service.
• Identify and mitigate potential risks, ensuring compliance with regulatory requirements.

Skills

Financial concepts

Credit analysis

Exceptional organization

Communication

Attention to Detail

Regulatory compliance

Education

Bachelor's degree in finance or related field

Tools

Pricing Software solutions

Microsoft Office Suite

Job description

This position is fully remote from a Horizon Bank's approved State.
Job Overview

The Equipment Finance (EF) Division is responsible for providing creative capital solutions for equipment acquisitions and leases to small and medium sized businesses through various referral channels to include OEM, dealers, vendors, distributors, brokers, and captives. The Equipment Finance Division also works closely with other bank divisions, in a team/cross selling capacity to deliver first in class solutions to the banks clients while enhancing the banks brand and providing shareholder value.

As the Funding Specialist within our Equipment Finance Division, you will play a crucial role in facilitating the funding process for equipment financing transactions. You will work closely with internal stakeholders, external partners, and clients to ensure seamless execution of funding activities while adhering to regulatory guidelines and internal policies.

Principal Accountabilities

Ensuring the timely and accurate processing of equipment financing transaction, from initial booking and funding disbursement to ensuring accurate booking on the third-party system, while maintaining compliance with regulatory requirement and internal policies. This includes management communication with clients and internal stakeholders, identifying and addressing potential risks, and contributing to process improvements to enhance efficiency and effectiveness in funding operations.

Duties

• Manage the end-to-end funding for equipment finance transactions, including reviewing documentation, verifying information, and ensuring accuracy and completeness.


• Work closely with Relationship Managers, Credit Analysts, and other department to gather necessary information and resolve any funding related issues. Assist with other departments as needed.


• Serve as a point of contact for clients throughout the funding process, providing updates, addressing inquiries, and delivering exceptional customer service.


• Identify and mitigate potential risks associated with funding transaction, ensuring compliance with regulatory requirements and internal controls.


• Conduct thorough review of funding documentation to ensure accuracy, consistency, and compliance with company policies and industry standards.


• Proactively identify opportunities to streamline funding processes, enhance efficiency, and improve the overall client experience.


• Maintain organized records of funding documentation and ensure proper storage and confidentiality in accordance with company policies.


• Conduct due diligence on equipment and collateral to ensure accuracy and compliance with Equipment Finance Guidelines, including verifying ownership, valuation and condition assessment.


• Stay informed about regulatory change and industry trends related to equipment finance funding activities, ensuring adherence to all appliable law, regulation, and best practice.


• Proactively identify and address any issues or discrepancies that may arise during the funding process, working collaboratively to find timely and effective solutions.


• Stay current on industry developments, best practice and internal procedures through ongoing training and professional development opportunities, sharing knowledge and insights with team members as appropriate.


• Provide support to other departments within the Equipment Finance Division as needed, contributing to team goals and initiative to drive overall department success.

Qualifications & Skills

• Preferred Bachelor's degree in finance, Business Administration, or related field.


• 3+ years of experience in equipment finance leasing or commercial lending preferred.


• Strong understanding of financial concepts, credit analysis, and documentation requirement.


• Excellent communication skills, both verbally and written with the ability to interact effectively with clients and internal stakeholders.


• Detail-oriented with high level of accuracy and ability to prioritize task in a fast pace environment.


• Experience with Pricing Software solutions, Tvalue, Supertrump, Infoanalysis or similar systems preferred.


• Excellent with computer skills in Microsoft Office Suite, PDF, and familiarity with CRM platforms.


• Exceptional organization, time management and follow-up skills.


• Ability to work independently with minimal supervision.


• Ability to effectively handle multiple, simultaneous, and changing priorities.


• Commitment to upholding ethical standards and maintaining confidentiality.

Core Competencies

Adaptability and Flexibility	Stress Tolerance
Attention to Detail	Teamwork
Regulatory Compliance

Physical Requirements

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions in compliance with the Americans with Disabilities Act (ADA)

Physical Demand:	Percentage of Time:
Communicate with customers, advisors and managers regarding banking transactions and issues. Able to exchange accurate information with others.	90-100%
Able to verify authenticity of financial instruments, forms, documents and signatures. Able to verify identity of customers, vendors and service providers. Able to observe actions of others to ensure safety and security of the facility.	90-100%
Able to grasp, move and sort forms and papers.	90-100%
Constantly operate a computer and other office machinery such as calculator, copy machine, fax machine, scanner, printer and telephone	90-100%
Able to remain stationary at a desk for long periods of time	75-100%
Regularly move about the office to access file cabinets, storage drawers and various office equipment	75-100%
Occasionally position self to reach heights between floor and 6'	<25%

Horizon Bank is a proud Equal Opportunity Employer | Disability | Veteran Employer.

#LI-DNI