Lease Servicing Specialist III
Company: Disability Solutions
Location: Minneapolis
Posted on: April 19, 2024
Job Description:
Benefits OverviewA career at CoBank can offer you the
opportunity to make a personal impact on the people and communities
where we do business. When you choose a career with CoBank, you
make a difference by standing for something that matters. In order
to be the best, we hire the best!Remarkable Benefits Offered by
CoBank
- Careers with a purpose. Stand for something!
- Time-Off Packages- 15 days of vacation, 10 paid sick days and
11 paid holidays
- Competitive Compensation & Incentive
- Hybrid work model: flexible arrangements for most
positions
- Benefits Packages, including Medical, Dental and Vision
coverage, Disability, AD&D, and Life Insurance
- Robust associate training and development with CoBank
University
- Tuition reimbursement for higher education up to $10,000 per
year
- Outstanding 401k: up to 6% matching and additional 3%
non-elective contribution
- Community Impact: United Way Angel Day, Volunteer Day and
Associate Directed Contribution
- Associate Resource Groups: creating a culture of diversity and
inclusion
- Recognize a fellow associate through our GEM awardsJob
DescriptionPerforms end to end deal management activities for lease
transactions. Responsible for task prioritization, quality
assurance, documentation, funding and booking, and maintenance
activities. Works in a team environment and collaborates with other
internal teams including operations, , asset management, credit,
accounts payable and tax to ensure that lease origination
commitments are fulfilled. Provides periodic status to Lease
Operations leadership and other internal departments. Assists
supervisor with process documentation, training and continuous
improvement activities.Essential Functions1. Coordinates with
leasing customers and partners to collect credit conditions
required to prepare lease documents. Validates conditions meet
requirements. 2. Prepares and sends lease contract documents to
leasing customers and partners in accordance with FCL policy and
procedure, ensures completeness and accuracy over lease agreements
3. Completes booking activities to meet internal, partner and
customer commitments. Performs booking functions to active lease
contracts in the lease accounting system. Performs validation steps
over contract documents and system attributes to ensure the
completeness and accuracy of manually keyed attributes to the lease
accounting system. 4. Obtains additional approval from LDS
leadership for payment requests outside of authority.Completes
funding activities for assigned accounts to meet internal, partner
and customer commitments. Performs appropriate due diligence
according to FCL policies and prepares vendor payment requests
within authority limits. Obtains additional approval from
leadership for payment requests outside of authority. 5. Performs
maintenance activities in support of contract modifications,
corrections and end of lease decisions over the life of the lease.
6. Concentrates efforts on small project transactions and standard
structured customers and transactions. Manages a portfolio of
transactions across multiple partner segments and/or regions. 7.
Completes UCC filings within regulatory guidelines and takes
appropriate steps to manage recordable legal documents with title
companies, state and local jurisdictions. 8. Backs up other team
members. Performs various activities for other teams in support of
work load leveling. 9. Performs quality assurance functions. Works
with team to ensure that high quality standards are achieved.
Identifies opportunities for quality improvements and coordinates
with management to implement improvements. 10. Communicates
activity status to team and leadership. Keeps supervisor informed
of work load and escalates issues in a timely manner. 11. Actively
engages with team contributing to fulfillment of overall partner
and customer commitments and issue resolution. 12. Participates or
leads with supervisor assistance in relationship status calls and
participates in on-site visits to assigned accounts to build
relationships and improve service. 13. Works closely with
Relationship Managers, Account Managers, Customers and Lease
Partners to provide superior customer service. 14. Periodically
reviews and updates procedures to align with business practices.
15. Actively identifies continuous improvement opportunities and
partners with management to implement process and system
enhancements. Performs user acceptance testing, updates procedures
to support change and support leadership in change management
activities. 16. Cross-trains in order to assist and back-up other
associates. Proficient with all small deal and standard structured
servicing relationships. Education
- High school diploma or GED required Work Experience3 years of
experience, preferably in the leasing industry. required Physical
Exertion DetailsSedentary Exerting up to 10 pounds of force
occasionally (Occasionally: activity or condition exists up to 1/3
of the time) and/or a negligible amount of force frequently
(Frequently: activity or condition exists from 1/3 to 2/3 of the
time) to lift, carry, push, pull, or otherwise move objects,
including the human body. Sedentary work involves sitting most of
the time, but may involve walking or standing for brief periods of
time. Jobs are sedentary if walking and standing are required only
occasionally and all other sedentary criteria are met.Travel
Requirement DetailsOccasional Travel occurs infrequently
(typically, once a month or less).About CoBankThe typical base pay
range for this role is between $55,578 - $70,125. Compensation may
vary based on individual job-related knowledge, skills, expertise,
and experience. This position is eligible for a discretionary
annual incentive program driven by organization and individual
performance.The listed salary, other compensation and benefits
information is accurate as of the date of this posting. CoBank
reserves the right to adjust compensation for all positions and to
modify or discontinue benefits programs at any time in its sole
discretion, subject to applicable law.CoBank is a cooperative bank
serving vital industries across rural America. The bank provides
loans, leases, export financing and other financial services to
agribusinesses and rural power, water and communications providers
in all 50 states. The bank also provides wholesale loans and other
financial services to affiliated Farm Credit associations serving
more than 76,000 farmers, ranchers and other rural borrowers in 23
states around the country. CoBank is a member of the Farm Credit
System, a nationwide network of banks and retail lending
associations chartered to support the borrowing needs of U.S.
agriculture, rural infrastructure and rural communities.
Headquartered outside Denver, Colorado, CoBank serves customers
from regional banking centers across the U.S. and also maintains an
international representative office in Singapore.REASONABLE
ACCOMMODATIONWe are committed to ensuring that our online
application process provides an equal employment opportunity to all
applicants, including qualified individuals with disabilities. If
you are an applicant with a disability, or are assisting an
applicant with a disability, and require accessibility assistance
or would like to request a reasonable accommodation for any aspect
of the application process, including completing an application,
interviewing, or otherwise participating in the employee selection
process, please submit a request by emailing recruiting@cobank.com.
Include your contact information and specific details about your
requested accommodation.Applicants must be authorized to work for
any employer in the U.S. We are unable to sponsor or take over
sponsorship of an employment visa at this time.CoBank is an Equal
Opportunity Employer.All qualified applicants will receive
consideration for employment without regard to race, color,
religion, sex, sexual orientation, national origin, disability, or
status as a protected veteran.
Keywords: Disability Solutions, Blaine , Lease Servicing Specialist III, Other , Minneapolis, Minnesota
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