Equipment Finance Director

CFBank • Columbus, OH

5d • Onsite

About The Position

Under the guidance and direction of Executive Management, the Equipment Finance Director is responsible for equipment finance activities and programs, business development and production, and driving results that positively impact the bottom line.

Requirements

• Bachelor’s Degree in business, finance, or equivalent degree or equivalent experience required.
• 5 years of commercial lending experience that includes equipment finance experience.

Responsibilities

• Continually develop new prospects for Equipment Finance, growing the book of business through direct and indirect sales in collaboration with Executive Management and in support of company goals and initiatives.
• Possess a thorough knowledge of specialized equipment, structuring, pricing, and closing complex finance transactions, also providing guidance as needed to commercial lenders on legal and structural issues unique to specific equipment types.
• Consult with and assist new and potential borrowers with appropriate deal structuring, focusing on the needs of the borrower and balancing those needs with those of the Bank.
• Manage the origination process from start to finish including gathering all necessary information and making available all relevant information needed for underwriting, also providing accurate, timely, and objective credit analyses to serve as effective guides for credit decisions.
• Minimize equipment finance-related credit losses within policy-targeted levels. Appraise collateral as required and monitor to see that the value of the collateral is in concert with the division’s credit risk policies.
• Protect the bank by providing continual supervision of the equipment lending and/or leasing agreements, by continual monitoring of past dues, and taking appropriate action.
• Drive innovation and growth through partnership with senior management, leveraging technology, and strategic vision.

Benefits

• Excellent Benefits Package: Top benefits include dependent coverage, generous PTO, Federal Holidays, and Paid Parental Leave for those who qualify for eligibility.
• Professional development opportunities including educational/training opportunities
• “Accelerated” 401k Plan and Employee Match of 50% of the first 8% deferred, available your first full month of employment with a 3-year vesting
• Employee Banking Promos and Direct Deposit of payroll to CFBank Account (over 90% of our employees bank with us!)
• Employee Assistance Program with a wide range of free resources such as estate planning and mental wellness resources
• One of the most collaborative environments you’ll find, with a team of hard-working mutually invested professionals who are excited about shared success

What This Job Offers

• Job Type: Full-time
• Career Level: Director