Job Description
Equipment Finance Documentation & Funding Specialist at Peapack-Gladstone Financial Corporation summary:
The Equipment Finance Documentation & Funding Specialist at Peapack Private Bank & Trust manages and reviews all documentation related to equipment finance credit and origination processes, ensuring compliance with internal and regulatory standards. They coordinate transaction activities among lessees, relationship managers, and funding partners to facilitate smooth funding and disbursement of funds. Additionally, they maintain accurate records, provide excellent customer service, and identify process improvements to enhance operational efficiency.
Company Overview: Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought-after products and services that fulfill all of our clients' needs. We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy.
What makes Peapack Private different from our competition? We are an institution that's over 100 years old that has always believed in putting the well-being and needs of our employees and our clients first. We are proud to be recognized for the sixth consecutive year, by American Banker as one of the 'Best Bank to Work For' across the nation. Our secret sauce in one word is our 'culture'. We value a diverse, equitable, inclusive and safe workspace. Our one-team culture goes to great lengths to show all employees that they are valued members of the team. We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness.
There are multiple way to build relationships and get involved; from joining one of our Cultural Ambassador Sub-Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women - Leading Inspiring Females Together). Said quite simply, the culture is amazing!
Key Responsibilities: • Documentation Management. Prepare, review and manage all aspects of documentation necessary to support the credit/origination process for the Equipment Finance organization within the Bank. Assemble complete, accurate and timely documentation packages that meet internal policies and regulatory standards. Anticipate and address documentation gaps, coordinating with stakeholders to streamline funding process.
• Transaction Coordination. Work with lessees, lead relationship managers, funding partners and other internal and external parties to gather and verify necessary information and ensure smooth transaction flow.
• Funding Process. Coordinate the closing and disbursement of funds, preparing and reviewing funding packages for new line of business within the Equipment Finance organization.
• Customer Service. Provide exceptional service and support to external clients, lead relationship managers and other internal/external stakeholders.
• Record Keeping. Maintain accurate and organized records of all transaction communications, documentation, and funding activities.
• Compliance & Accuracy. Ensure all documentation is accurate, complete, and compliant with internal guidelines, companies, policies, and relevant state and federal regulations.
• Process Improvement. Identify opportunities to improve efficiency and streamline processes within the funding and documentation workflows.
Qualifications: • Experience. 5+ years' experience in equipment finance or commercial lending. Extensive knowledge and/or familiarity with leasing documentation requirements.
• Education. Bachelor's degree in Related Business Field or equivalent work experience.
• Attention to detail. High attention to detail to ensure the accuracy and completeness of all documentation.
• Communication Skills. Strong verbal and written communication skills to interact with various stakeholders.
• Technical proficiency. Proficiency with MS Office. Experience with leasing origination systems such as Aspire, Salesforce or Rapport preferred.
• Superior multi-tasking skills to work in high-volume environment.
Benefits Overview: We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, education reimbursement, wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.
The approximate pay range for this position is $97,692 to $157,825 plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.
Note: Incentives and/or benefits packages may vary depending on the position.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Keywords:
equipment finance, loan documentation, funding coordination, commercial lending, transaction management, compliance, customer service, process improvement, record keeping, financial services
Job Tags
Work experience placement, Internship,