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GENERAL FUNCTION:
Monitors the Commercial Equipment Finance's lease and loan portfolio for portfolio quality and customer service functions.  Responsible for the accurate and timely processing of complex equipment finance loan/lease transactions ,including: customer requests/adjustments, payment requests, customer service and collection efforts for both direct and affiliate transactions, payment reconciliation and delinquencies related to bought and sold transactions, credit compliance related to financialstatements and covenant tracking, compliance related to titles, UCCs and insurance tracking for all assets, quality review of equipment finance transactions booked to the AFS or Info lease system, and project related tasks.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.  Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.  While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES & RESPONSIBILITIES:

Assists Team Leader to ensure that all areas of account reconciliation/documentation, compliance (UCC's, Insurance, Financial Statements, Titles, etc.) and customer service are maintained effectively, efficiently and at theexpectedlevelofcustomerservice for both internal and external customers.Assists Team Leader with monthly, weekly and daily reporting to monitor the workflow and performance of the team of collectors, customer service and collateral agents.Monitors financial statement and covenant compliance and distributes segregation of portfolio to customer service representatives to ensure timely collection and is in compliance with the Credit Excellence program standards.Assistwithcollectioneffortsas necessary.Assists with Quality Assurance function including, but not limited to in depth post booking quality review of lease and loan transactions including documentation, pricing, InfoLease booking, and vendor invoices,insuranceandUCC/Titleperfection.Communicate quality review findings to Team Lead.Monitors all floating rate loans that require interest accruals to be updated manually and perform reconcilations to source's servicing notification and amortization schedule.  Maintains historical information onservicingnotificationsforreconciliationpurposes and requests updates to Infolease servicing system as necessary.  SME for providing feedback to investors on servicing system adjustments for floating interest rate changes and accruals.  Ensuredelinquencies aremonitoredcloselyand notificationis provided to investor as required.Establish, foster and maintain strong working relationships with the Commercial Bank (portfolio managers, underwriters, credit officers, senior bankers, relationship managers) to improve the overall customer experiencespecifictoEquipmentFinanceloan/lease servicing.Facilitate and contribute to the process of continuous improvement by making process enhancement recommendations, assisting in procedure development, and identifying gaps that impact effectiveness and productivity.Support the Portfolio Quality/Customer Service functions as needed.Assumes additional responsibilities as assigned.
 

SUPERVISORY RESPONSIBILITIES: None

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

5 plus years related work experience providing equipment finance products on a nationwide basis.Proficient with Microsoft Office products, including Word, Excel, & AccessInfo Lease experience preferredBachelor's degree in business, accounting, finance or similar field requiredAbility to read and interpret commercial loan and lease documents, including documents prepared internally, by outside counsel and external source documentsStrong Customer Service OrientationExcellent analytical ability
 

WORKING CONDITIONS:

Normal office environmentExtended viewing of CRT screen

At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication, therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits. 

Benefits:

Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families.  Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness. For additional details, please contact your recruiter.

Compensation: 

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Equipment Finance Leasing Specialist II

Total Base Pay Range 60,100.00 - 123,200.00 USD Annual

LOCATION -- Cincinnati, Ohio 45202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.