Equipment Finance Doc Specialist II

Atlantic Union Bank•Alpharetta, GA

About The Position

The Equipment Finance Documentation Specialist II performs a variety of duties in support of Atlantic Union Equipment Finance (“AUEF”). The Specialist works closely with Regional Directors, the AUEF Credit team, internal department personnel and external customers to complete a variety of tasks associated with the origination and servicing of loans and leases. The Specialist II prepares documentation of equipment loans and leases and can work in a high paced environment to process new customers and new loan/lease equipment finance transactions, with a strong comprehension of AUEF policies and procedures, including industry regulations

Requirements

Bachelor’s degree in finance, banking or other related field preferred
Minimum of five (5) years in Equipment Finance within a financial institution
Proficiency with loan/lease accounting software system and loan modeling and pricing software
Software applications including Microsoft Word and Excel
Superior customer service skills
Excellent computer skills relevant to Microsoft Office Suites
Excellent communication skills
Well organized with attention to detail
Ability to prioritize and manage multiple priorities and make independent decisions
Flexible, able to adapt to change
Superior time management and problem-solving skills
Ability to work independently as well as within a team environment

Responsibilities

Responsible for driving all steps of the closing process on equipment lease and loan transactions with AUEF from evaluating documentation requests from Regional Directors and Capital Markets for completeness to booking/funding transactions.
Knowledge of various transaction and collateral types to determine required documentation and lien perfection method for each transaction including UCC filings, titled vehicles, marine (Coast Guard) and aircraft (FAA) transactions
Direct contact with customers including CEOs, Presidents, CFOs, and Owners and Outside Counsel; Strong client facing communication, customer service, and negotiating skills
Documentation negotiation with customers and 3rd parties (vendors, landlords etc.)
Complete KYC/CIP/CBO process for new customers and transactions to ensure compliance with banking regulations
Prepare loan and lease equipment documentation to ensure transactions meet credit approvals, bank policies, and legal requirements for collection and collateral perfection
Review documentation on transactions being purchased by the Capital Markets team from third parties
Working with third parties, outside attorney’s and customers in the review and negotiation of loan and lease transactions and sale documents involved in Capital Markets transactions
Board transactions into the loan/lease accounting software system
Work closely with AUEF’s Regional Directors, credit personnel, Accounting personnel and Loan Services
Perform account maintenance and research as needed
Prepare post-closing loan packages to include maintaining files and clearing exceptions and post-funding items
Image or file financial statements and documents as needed
Perform duties pertaining to credit reports, insurance compliance and other items as required
Determining when UCC Lien Searches are required for a transaction, ordering and reviewing searches, determining when releases/disclaimers of interest are required for a transaction
Prepare tickets and/or wire transfers as needed
Process draws which may include title updates and inspections
Process payments and advances on loans
Prepare pay off quotes and handle releases
Adhere to all applicable laws and regulations governing bank operations