Equipment Finance Group Quality & Control Specialist

First Commonwealth Bank; Berwyn (PA); On-site; USD 60,000 - 95,000; Full time

Job summary

First Commonwealth Bank seeks a detail-oriented professional to review lease and loan documentation and to book transactions, ensuring policy adherence and risk controls. The role requires strong due diligence, lien perfection, and ability to manage complex file routing.

Responsibilities include SLA compliance, client service excellence, accurate data entry, and processing amendments or rewrite documents for accounting submission.

Qualifications

• Bachelor’s degree in Business or equivalent preferred.
• One year of loan documentation experience required.
• Proficient typing and MS Office skills.
• Strong analytical, math, and communication abilities.

Responsibilities

• Provide extraordinary client service and adhere to PCE standards.
• Ensure SLAs for internal and external clients are met.
• Prioritize reviews to meet stakeholder expectations.
• Review documentation for accuracy and compliance with policies.
• Resolve deficiencies and secure manager sign-offs on exceptions.
• Ensure timely UCC filings and proper lien perfection.
• Complete due diligence including KYB, CDD/BO, OFAC checks and UCC searches.
• Verify funding and client payment instructions; update systems accordingly.
• Enter and verify contract data; transfer and code records accurately.
• Follow up post-book to clear issues and close files.
• Review amendment and rewrite documents for signatures and accounting submission.
• Lead process-improvement initiatives to close control gaps.
• Continuously strive to meet client needs in a fast-paced setting.

Skills

Typing

Microsoft Office

Communication

Analytical skills

Interpersonal relations

Education

Bachelor’s degree in Business or equivalent

Tools

UCC filings knowledge

Job description

Job Details

Locations

Southeastern PA Ops Cntr, Berwyn, PA 19312, USA

Corporate Banking

Full-Time

Description

Candidate must reside in PA or OH to be eligible for Telecommuting.

This role is responsible for review of lease/loan documentation and booking for both direct and indirect transactions. Responsibilities include ensuring adherence to policy and procedures, lien perfection, and maintaining the highest standard of quality for our lease/loan documentation. The functions performed by this team are critical to protecting the company from regulatory and credit risks. This position exercises independent judgment, effectively navigates ambiguity, has a willingness to lead projects and takes ownership of tasks with a sense of urgency.

Essential Job Responsibilities

Essential Job Responsibilities__________________________________

• 1. Strives to provide extraordinary client service by exercising the Perfect Client Experience (PCE)
• 2. Ensures Service Level Agreements are met with regard to client service for both internal and external clients3. Prioritizes reviews in a fast-paced environment to meet stakeholder and client expectations
• 3. Prioritizes reviews in a fast-paced environment to meet stakeholder and client expectations
• 4. Reviews documentation for accuracy, alterations, legibility and acceptability per FCEF policies and procedures and conditions stated in the credit and asset management approval memo(s)
• 5. Ensures deficiencies are properly resolved
• 6. Ensures any/all exceptions are signed off on by manager
• 7. Ensures UCCs are timely filed
• 8. Ensures required due diligence items have been received and validated including, but not limited to:
• a. Know Your Customer requirements
• b. CDD/BO requirements
• c. OFACs
• d. UCC searches
• i. Ensure subordinations/releases obtained to perfect liens/ownership (including proper motor vehicle title work), if applicable
• e. Proof of insurance
• f. Entity Corporate documents
• g. Assignment documents (purchased transactions only)
• h. UCC-1/UCC-3 preparation
• i. Invoices/Proof of Payment
• j. MSO/Titles
• 9. Ensures payment/wire instructions provided by dealer or customer have been verified
• 10. Ensures system is updated and coded properly
• 11. Verifies required advanced monies have been received and proof in file
• 12. Funding approval for transactions less than $300,000 (both direct and indirect)
• 13. Completes Booking Process
• a. Transfers contract
• b. Enters/verifies all client/billing and contract information
• c. Ensures all coding is correct
• d. Enters important client notes
• 14. Reviews postbook follow up items to ensure issues have been fully cleared / received
• 15. Reviews amendment documentation prior to Sales Support Rep sending to client for signature
• 16. Reviews/ approves Rewrite documentation prior to submitting to Accounting
• 17. Manages initiatives to resolve control gaps and enhance current processes for further efficiency and effectiveness as needed
• 18. Prioritizes reviews in a fast-paced environment to meet stakeholder and client expectations
• 19. Review processes and recommends process improvements

Bona Fide Occupational Qualifications

• 1. A Bachelor’s degree in Business (e.g. Business Administration, Finance, Accounting) or equivalent work experience preferred
• 2. One (1) year of experience with loan documentation, with demonstrated expertise in due diligence and perfection processes required.
• 3. Knowledge of loan structures and documentation needs/requirements, loan documentation, collateral, lien perfection, evaluation/review/interpretation of UCC searches and vehicle titling needs and processes preferred.
• 4. Proficient in typing, knowledge of Microsoft Office software, reading, writing and grammar skills, analytical or mathematical skills, and communications and interpersonal relations.
• 5. May be eligible for telecommuting.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.