Equipment Lease Documentation/Operations Specialist - Equipment Finance

Anderson Young Associates, Inc.; Chicago (IL); On-site; USD 55,000 - 75,000; Full time

Job summary

Anderson Young Associates, Inc. in Chicago is seeking a Documentation Specialist to handle credit review, documentation preparation, and funding support for Commercial Loans and Equipment Leases.

The role involves analyzing credit histories, coordinating with sales, and ensuring accuracy of funding documents. You will calculate lease payments, review UCC filings, and interface with customers and brokers in a fast-paced environment.

Qualifications

• 3+ years in an administrative capacity
• Knowledge of UCC filings
• Must be detail oriented with ability to multi-task and maintain quality

Responsibilities

• Input and review Credit Applications and supporting documents submitted by sales team, approved dealers and brokers
• Analyze applicant credit history and financial statements
• Submit credit recommendations to Credit Manager
• Present credit approvals and declines to sales team and brokers
• Prepare and process contracts, rewrites, refinances and transfer of equities and supporting documents
• Review executed lease and retail documents for completeness and accuracy for funding
• Review and follow-up for credit stipulations to ensure compliance
• Prepare and submit funding documentation
• Ability to work in a high volume fast paced environment
• Ability to calculate retail and lease payments via SuperTrump or T-Value or HP calculator
• Work directly with customers and potential customers using excellent spoken and written English
• General administrative duties such as photocopies, faxing and prepare emails for Sales Representatives
• Has the ability to understand basic grant and loan programs offered by the State
• Interfaces with other departments, and business partners

Skills

Credit underwriting

Documentation

Financial analysis

Job description

** This candidate MUST reside in Chicago Metro

Documentation Specialist– Equipment Finance

Job Description

Our Bank is seeking an articulate and motivated Documentation Specialist to join the documentation team in a dynamic and fast paced work environment, with long-term growth potential.

Job Purpose:

Documentation Specialist is responsible for performing credit review, documentation preparation and documentation review for Commercial Loans and Equipment Leases. Some pricing as well.

Responsibilities include:

• § Input and review Credit Applications and supporting documents submitted by sales team, approved dealers and brokers
• § Analyze applicant credit history and financial statements
• § Submit credit recommendations to Credit Manager
• § Present credit approvals and declines to sales team and brokers
• § Prepare and process contracts, rewrites, refinances and transfer of equities and supporting documents
• § Review executed lease and retail documents for completeness and accuracy for funding
• § Review and follow-up for credit stipulations to ensure compliance
• § Prepare and submit funding documentation
• § Ability to work in a high volume fast paced environment
• § Ability to calculate retail and lease payments via SuperTrump or T-Value or HP calculator
• § Work directly with customers and potential customers using excellent spoken and written English
• § General administrative duties such as photocopies, faxing and prepare emails for Sales Representatives
• § Has the ability to understand basic grant and loan programs offered by the State
• § Interfaces with other departments, and business partners

Secondary Duties:

• § Performs other duties as assigned by a supervisor.

Qualifications:

• § 3+ Years of Experience in Administrative capacity required
• § Knowledge of UCC filings
• Must be detail oriented with ability to multi-task and maintain a strong focus on quality, acc

Job Requirements

• Minimum 2+ years experience in credit underwriting in an equipment leasing company. Experience in credit underwriting of middle market credits is a necessity
• Ability to analyze financial statements and other pertinent credit information and make credit decisions or recommendations
• Strong writing and verbal skills required