Fifth Third Bancorp

Team Leader, Documentation - Equipment Finance

Fifth Third Bancorp$96K — $207K *
US-Anywhere
+ 2 other locationsRemote
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in the leasing industry.
  • 2-5 years of experience in a Direct Doc Team Lead role preferred.
  • Strong proficiency with Microsoft Office Suite, particularly Word, Excel, and Access.
  • Experience with InfoLease is preferred.
  • A legal background is advantageous.
  • Bachelor's degree required, preferably in Business or Finance.
  • Excellent analytical skills and strong customer service orientation.

Responsibilities

  • Lead and oversee transaction documentation preparation with the Sales team.
  • Supervise the negotiation process for complex transactions alongside Sales.
  • Ensure documentation meets regulatory and internal requirements and is reviewed legally, accounting-wise, and tax-wise.
  • Coordinate with leasing staff to confirm special credit requirements and pricing for transactions.
  • Supervise the funding and booking process ensuring accuracy in system inputs.
  • Collaborate with indirect sources to secure timely and complete documentation.
  • Engage with Syndications investors to ensure correct documentation for transaction funding.

Benefits

  • Comprehensive benefits programs supporting physical, financial, emotional, and social well-being.
  • Opportunities for career growth and development within the organization.
  • Recognition and rewards for employee accomplishments.
  • Potential participation in an incentive compensation plan based on performance.
  • Work in a collaborative environment focused on improving customer and community lives.
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 At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. 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. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: or by consulting with your talent acquisition partner. 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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