Equipment Finance Sales Coordinator

Huntington National BankMinnesota Lake, MN
$57,000 - $113,000Onsite

About The Position

The Equipment Finance Sales Coordinator III coordinates with customers and Sales Representatives to ensure proper documentation is being utilized, issues are being dealt with timely and appropriately and closings are occurring as planned. This role involves understanding and exhibiting critical path thinking with deals and, as determined by assessment of the situation, drafting and negotiating landlord waivers, collateral access agreements, subordination agreements and no-interest letters with little or no supervision. The coordinator works with more complicated vertical product groups, such as Rail, Aircraft, Large Corporate, Syndications and Middle Market, and advises on documentation for transactions. They analyze and understand transactions, including pricing, deal structure, collateral evaluation, credit and tax components. This role may also be responsible for the development, training, and day-to-day supervision of staff.

Requirements

  • 5 plus years financial services experience
  • 3 years loan documentation experience
  • Bachelor's Degree
  • Applicants must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

  • Legal experience
  • Juris Doctorate or Master's Degree

Responsibilities

  • Coordinates with customers and Sales Representatives to ensure proper documentation is being utilized.
  • Ensures issues are being dealt with timely and appropriately.
  • Ensures closings are occurring as planned.
  • Independently drafts, revises and negotiates documentation with in-house and outside counsel.
  • Makes independent determinations and exercises sound judgment regarding proposed document revisions and determines when to escalate to credit, legal, asset management or senior leadership.
  • Drafts and negotiates landlord waivers, collateral access agreements, subordination agreements and no-interest letters with little or no supervision.
  • Works with more complicated vertical product groups, like Rail, Aircraft, Large Corporate, Syndications and Middle Market and advises on documentation for transactions.
  • Analyzes and understands transactions including pricing, deal structure, collateral evaluation, credit and tax components.
  • May be responsible for the development, training and day-to-day supervision of staff.
  • Other duties as assigned.

Benefits

  • health insurance coverage
  • wellness program
  • life and disability insurance
  • retirement savings plan
  • paid leave programs
  • paid holidays
  • paid time off (PTO)
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