Equipment Finance Servicing Specialist

Fifth Third; California; On-site; USD 47,000 - 94,000; Full time

Benefits offered by this job

Comprehensive benefits

Incentive compensation plan

Job summary

Fifth Third Bank in Rosemont, IL seeks an Equipment Finance Leasing Specialist I to support payment applications, titles, UCCs, and servicing for large corporate clients. You will work with Commercial Operations, Relationship Managers and Syndication partners, resolve client inquiries, process refinances and amendments, and ensure accurate servicing data while adhering to Federal Lending Regulations.

This role requires 2+ years in Equipment Finance or Commercial Banking, proficiency with MS

Qualifications

• 2+ years related work experience in Equipment Finance or Commercial Banking.
• Bachelor's degree in business, accounting, finance or similar field required.
• Strong Customer Service Orientation.
• Excellent analytical ability.
• Excellent reconciliation ability.

Responsibilities

• Be familiar with Equipment Finance loan and lease structures such as finance leases, operating leases, synthetic leases, Municipal leases, conditional sales, and the implications related to each transaction.
• Be familiar and adhere to Federal Lending Regulations as it relates to Equipment Finance.
• Read, analyze and interpret Equipment Finance loan and lease documents, including documents prepared internally, by outside counsel and external sources and how they relate to the servicing system to resolve client inquiries and/or internal boarding issues.
• Provide customer service to internal and external clients and assist with lien perfection on equipment.
• Strong reconciliation skills are required.

Skills

Customer service

Analytical ability

Reconciliation

MS Office

InfoLease experience

Education

Bachelor's degree in business, accounting, finance or similar

Tools

InfoLease

Microsoft Office (Word, Excel, Access)

Job description

Fifth Third Bank in Rosemont, IL seeks an Equipment Finance Leasing Specialist I to support payment applications, titles, UCCs, and servicing for large corporate clients. You will work with Commercial Operations, Relationship Managers and Syndication partners, resolve client inquiries, process refinances and amendments, and ensure accurate servicing data while adhering to Federal Lending Regulations.

This role requires 2+ years in Equipment Finance or Commercial Banking, proficiency with MS