Equipment Finance Sales Coordinator - Sr

Huntington National Bank; Minnetonka (MN); On-site; USD 63,000 - 124,000; Full time

Benefits offered by this job

Health insurance coverage

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave and holidays

Paid time off (PTO)

Job summary

Huntington National Bank is seeking an Equipment Finance Sales Coordinator III to coordinate with customers and Sales Representatives to ensure proper documentation, timely issue resolution, and planned closings.

The role involves drafting and negotiating complex loan documentation with counsel, assessing deals, and guiding cross-functional teams in Rail, Aircraft, Large Corporate, Syndications and Middle Market segments. A Bachelor's degree and strong financial services experience are preferred.

Qualifications

• Draft and negotiate loan documents with counsel and internal teams.
• Evaluate deal structure, collateral and tax components.
• Coordinate with credit, legal, asset management or senior leadership as needed.

Responsibilities

• Draft, revise and negotiate documentation with in-house and outside counsel.
• Make independent determinations and escalate when necessary.
• Draft waivers, collateral access and subordination agreements and no-interest letters.
• Advise on documentation for Rail, Aircraft, Large Corporate, Syndications and Middle Market deals.
• Potentially supervise and train staff.
• Other duties as assigned.

Skills

Documentation drafting

Contract negotiation

Deal assessment

Supervision/training

Education

Bachelor's Degree

Job description

Summary

The Equipment Finance Sales Coordinator III coordinates with customers and Sales Representatives to ensure proper documentation is being utilized, issues are being dealt with timely and appropriately and closings are occurring as planned.

Duties & Responsibilities

• Independently drafts, revises and negotiates documentation with in-house and outside counsel.
• Makes independent determinations and exercises sound judgment regarding proposed document revisions and determines when to elevate to credit, legal, asset management or senior leadership.
• Understands and exhibits critical path thinking with deals and as determined by assessment of the situation, drafts and negotiates landlord waivers, collateral access agreements, subordination agreements and no-interest letters with little or no supervision.
• Works with more complicated vertical product groups, like Rail, Aircraft, Large Corporate, Syndications and Middle Market and is advises on documentation for transactions. Analyzes and understands transactions including pricing, deal structure, collateral evaluation, credit and tax components.
• May be responsible for the development, training and day-to-day supervision of staff.
• Other duties as assigned.

Basic Qualifications

• Bachelor's Degree
• 5+ years financial services experience in aircraft, large ticket, and capital markets.
• 3+ years loan documentation experience.

Preferred Qualifications

• Legal experience
• Juris Doctorate or Master's Degree

Exempt Status

Yes = not eligible for overtime pay (No = eligible for overtime pay). Yes.

Workplace Type

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range

63,000.00 - 124,000.00 USD Annual

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.

Benefits

• In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.