Team Leader, Documentation - Equipment Finance
About The Position
The Team Leader, Documentation oversees documentation, funding, and booking for the Leasing Company's lease and loan portfolio. This role manages the multiple-stage process for closing and funding complex middle-market to large-ticket lease transactions, including pre-funding administration, documentation preparation and review, and negotiation of complex transactions in conjunction with the Sales Team. The position coordinates functional-area approvals for unusual transactions to help ensure regulatory compliance and protect the bank's interests, and is accountable for accurate, timely transaction booking and funding. It also oversees documentation negotiations with third-party sources and investors for transactions that are bought or sold, and tracks and follows up on documentation exceptions. The role is accountable for risk management, compliance with policies and procedures, and supporting positive customer and colleague experiences. It supervises transaction documentation, negotiation, funding, and booking processes, and provides employees with constructive feedback, development opportunities, recognition, and support for succession planning. The position is based in Cincinnati, Ohio.
Requirements
- 10 or more years of related work experience in the leasing industry.
- Bachelor's degree required; a business or finance emphasis is preferred.
- Proficiency with Microsoft Office products, including Word, Excel, and Access.
- Strong customer service orientation.
- Excellent analytical ability.
- Understanding of varied lease structures and corresponding complex documentation.
Nice To Haves
- Two to five years of direct documentation team lead experience; preferred but not required.
- InfoLease experience.
- Legal background.
Responsibilities
- Oversee preparation of transaction documentation with the Sales Team, ensuring appropriate documents are completed accurately and on time and that systems can handle transaction structures.
- Assist the Sales Team with documentation negotiations and supervise follow-up to obtain complete documentation packages.
- Work directly with the Sales Team to negotiate larger, more complex transactions.
- Ensure negotiated documentation meets Fifth Third Leasing requirements and is submitted for legal, accounting, and tax review when required.
- Coordinate with leasing staff to verify pricing, special credit requirements, residual positions, return provisions, and related transaction details.
- Supervise funding and booking, ensuring the accuracy of information entered into the system.
- Coordinate with indirect transaction sources to obtain complete transaction and sale or assignment documentation on time.
- Work with syndication investors before funding to ensure transactions are documented correctly and completely and can be sold efficiently.
- Ensure transactions are booked correctly to support servicing and avoid future reconciliation issues.
- Track and follow up on documentation exceptions.
- Manage risk by identifying, assessing, monitoring, and reporting risks and following applicable policies and procedures.
- Provide employees timely, candid, and constructive performance feedback; develop employees and talent pipelines; provide career-growth opportunities; and recognize and reward accomplishments.
Benefits
- Comprehensive benefits programs supporting employees' and families' physical, financial, emotional, and social well-being.
- Eligibility to participate in an incentive compensation plan, with payment based on company, line-of-business, and/or individual performance.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
