Senior Equipment Finance Document Specialist

Hancock Whitney; New Orleans (LA); On-site; USD 65,000 - 90,000; Full time

Job summary

Hancock Whitney in New Orleans seeks an experienced professional to coordinate and manage loan/lease closings for the Equipment Finance specialty lines. The role requires close collaboration with RMs, customers, vendors, and counsel to ensure accurate documentation and timely funding.

Responsibilities include intake, processing, and coordination of closing packages, lien perfection, UCC searches when necessary, and ensuring compliance with risk management and internal controls.

Qualifications

• Bachelor's Degree required or equivalent experience.
• 5+ years of experience in Equipment Leasing & Finance and/or Banking.

Responsibilities

• Intake, submission, and processing of documentation requests from RMs.
• Coordinate transaction documentation and closing/funding package with Customer, Seller, Attorney, Insurance broker, Vendor/Dealer and other staff.
• Review credit approval memorandum and establish transaction workflow to perfect equipment collateral.
• Follow lien perfection procedures to determine appropriate security interest method.
• Perform UCC lien searches when needed and draft releases/subordinations.
• File necessary UCC forms to ensure first perfected security interest.
• Review invoices to determine vesting of ownership and verify correct legal names.
• Review title registrations and insurance interests for collateral.
• Prepare and review closing/funding package and wire requests as required.
• Input transaction details into Aspire and perform daily operations for the department.
• Provide superior customer service and comply with risk controls.

Education

Bachelor's Degree or equivalent experience

5+ years in Equipment Leasing & Finance and/or Banking

Job description

JOB FUNCTION / SUMMARY:

Coordinate and manage loan/ lease transnational closings supporting the Equipment Finance specialty lines of business (Direct Equipment Finance and Leasing, Capital Markets, Municipal Leases and Bonds), working with Equipment Finance Specialty Relationship Managers ("RMs"), Bank RMs, Customers, Equipment vendors, Insurance agents, Outside counsel, Corporate Documentation and Lending Services, and Credit and Portfolio Management.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Intake, submission, and processing of documentation requests from HWEF RM's.
• Coordinate transaction documentation and closing/funding package with RM's, Customer, Seller, Attorney's, Insurance broker, Vendor/Dealer and other support staff.
• Review credit approval memorandum and establish transaction workflow to perfect equipment collateral.
• Follow HWEF lien perfection procedures to determine and appropriate security interest method.
• Determine when to perform a UCC lien search, perform the search, review the results and draft/obtain all necessary releases and/or subordinations.
• Determine if UCC Inventory filing is required.
• Follow appropriate procedures and file appropriate UCC forms to ensure HWEF has first perfected security interest in its collateral (equipment and/or inventory).
• Review equipment invoices to determine vesting of ownership in subject equipment.
• Review Borrower/Lessee corporate documentation to determine correct legal names.
• Review title registrations to assure proper ownership and lienholder.
• Review appropriateness of insurance, including lender/lessor interest.
• Review pay/proceeds instructions from borrower/lessee.
• Prepare and Review transaction closing/funding package.
• As appropriate prepare/review wire request per HWEF procedures.
• Create document checklist/specifications for submission to Corporate Documentation and/or outside counsel.
• Input and review all necessary transaction details into Aspire.
• Complete daily activities for the operations area.
• Assist with Collateral and Documentation Exception Clearing.
• Provide superior customer service to both internal and external clients.
• Follow statutory compliance, risk management and internal controls.
• Complete special projects and other duties as assigned.

SUPERVISORY RESPONSIBILITIES:

None

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:

• Bachelor's Degree required or equivalent experience.
• 5 + years of experience in Equipment Leasing & Finance and/or Banking.

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:

• Ability to work under stress and meet deadlines
• Ability to operate related equipment to perform the essential job functions
• Ability to read and interpret a document if required to perform the essential job functions
• Ability to travel if required to perform the essential job functions
• Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.