Fifth Third Bancorp

Team Leader, Documentation - Equipment Finance

Fifth Third Bancorp$96K — $207K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in the leasing industry
  • 2-5 years in a leadership role preferred
  • Proficient in Microsoft Office Suite
  • Experience with InfoLease is a plus
  • Knowledge of legal principles relevant to lease documentation
  • Bachelor's degree in Business or Finance is required
  • Strong customer service orientation with excellent analytical skills

Responsibilities

  • Lead documentation process for leasing transactions
  • Negotiate complex transactions alongside the Sales team
  • Ensure accurate and timely transaction documentation preparation
  • Coordinate transaction documentation processes with indirect sources
  • Supervise the accurate booking and funding of transactions
  • Verify compliance with regulatory requirements and internal policies
  • Monitor and follow up on documentation exceptions for transactions

Benefits

  • Comprehensive benefits package including health, dental, and vision insurance
  • 401(k) retirement plan with company match
  • Opportunities for professional development and training
  • Employee recognition programs
  • Flexible work arrangements available
Full Job Description
GENERAL FUNCTION: Leads and oversees the documentation, funding, and booking of transactions for the Leasing Company's lease and loan portfolio. Manages and directs all aspects of a multiple stage process to facilitate the closing and funding of complex middle market - large ticket lease transactions. Manages all pre-funding administration, including documentation creation, and review. Also, in conjunction with the Sales Team, accountable for the negotiation of complex transactions. Coordinates approvals from appropriate functional areas for transactions outside the norm to insure that regulatory compliance is met, and the bank's interests are protected. Responsible for the accurate and timely booking and funding of transactions. Oversees documentation negotiations with third party sources and investors for transactions that are bought or sold. Also, accountable for tracking and following up on documentation exceptions. 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 AND RESPONSIBILITIES: 3 Working closely with the Sales team, oversees transaction documentation preparation. Insures that appropriate documentation is prepared for transactions in a timely and accurate manner. Verifies that the system can handle the transaction structures accurately. 3 Assists Sales Team with documentation negotiation and supervises the follow up for complete documentation packages. 3 Works directly with the Sales team to negotiate the larger, more complex transactions. 3 Insures that, if documentation is negotiated, it meets all Fifth Third Leasing requirements and is submitted for legal, accounting, and tax review as required, to protect the interests of Fifth Third Leasing and the Bank. 3 Coordinates with other leasing staff, as required, to verify pricing, special credit requirements, residual positions, return provisions, etc. 3 Supervises the funding and booking process. Responsible for the accuracy of all information to be input into the system to insure correct booking of transactions. 3 Works closely with indirect sources of transactions to coordinate the timely and complete receipt of transaction documentation, as well as all sale/assignment documentation. 3 Works closely with Syndications investors prior to funding to ensure that the transaction is documented correctly and completely to expedite sales of transactions. Insures transactions are correctly booked on the system to facilitate servicing and avoid future reconciliation issues. SUPERVISORY RESPONSIBILITIES: Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments. MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: 3 10 plus years related work experience in the leasing Industry. 3 2-5 years of Direct Doc Team Lead experience is preferred but not required. 3 Proficient with Microsoft Office products, including Word, Excel, & Access. 3 InfoLease experience preferred. 3 Legal Background a plus. 3 Bachelor's degree required (Business or finance emphasis preferred). 3 Strong Customer Service Orientation. 3 Excellent analytical ability. 3 Understanding of varied lease structures and corresponding complex documentation. Team Leader, Documentation - Equipment Finance Total Base Pay Range 96,500.00 - 207,500.00 USD Annual LOCATION -- Cincinnati, Ohio 45202 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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