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Lease Servicing Specialist II at CoBank

Posted in Other 30+ days ago.

Location: Minneapolis, Minnesota





Job Description:


Lease Servicing Specialist II

Job Locations

US-MN-Minneapolis














ID
2021-1154
Category
Banking Operations
Type
Full Time

Benefits Overview

A 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!
  • Competitive Compensation & Incentive

  • Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance

  • CoBank University robust curriculum -associate training and development, including higher education tuition reimbursement

  • Outstanding 401k - up to 9% matching!

  • Time-Off Packages - Vacation 15+ days, 10 Paid Sick Days, and 10 Paid Holidays

  • 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 with "GEM" awards, including a monetary value

  • Remote days(s) available

Job Description

At CoBank, the Lease Servicing Specialist II performs closing activities for lease transactions. Responsible for task prioritization, quality assurance, documentation, funding and booking. Works in a team environment and collaborates with Relationship Services Specialists (RSS), asset management, credit, accounts payable and tax to ensure that lease origination commitments are fulfilled. Provides periodic status to Leasing Delivery Services (LDS) leadership and other internal departments.


Essential Duties and Responsibilities


  • 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 LDS leadership for payment requests outside of authority.

  • Completes UCC filings within regulatory guidelines.

  • Completes booking activities to meet internal, partner and customer commitments.

  • Backs up other team members. Performs closing activities for other teams in support of work load leveling.

  • Performs quality assurance functions. Works with LDS team to ensure that high quality standards are achieved.

  • Communicates status to LDS team and leadership. Keeps supervisor informed of workload and closing issues.

  • Actively engages with LDS team contributing to fulfillment of overall partner and customer origination commitments and issue resolution.

  • Participates in relationship status calls and participates in on-site visits to assigned accounts to build relationships and improve service.

  • Works closely with Relationship Managers, Account Managers, customers and lease partners to provide superior customer service.

Basic Qualifications


  • High School diploma.

  • Two (2) or more years of experience, preferably in the leasing industry; or appropriate combination of education and experience.

Preferred Qualifications


  • Associate's or bachelor's degree in finance, business administration or relevant discipline preferred.

  • Basic knowledge of the Farm Credit System preferred.

  • Basic knowledge of the leasing industry, leasing documentation, tax and closing requirements

  • Working knowledge of office software applications, Tvalue, CRM, and Rapport

  • Ability to accommodate varying work and scheduling requirements in order to meet deadlines

  • Ability to solve problems, and identify when to escalate issues.

  • Ability to interact with and engage others appropriately at all levels in the organization.

  • Demonstrated skills in Microsoft Office applications (Outlook, Word and Excel)

  • Ability to work independently as well as collaboratively in a team environment.

  • Strong organizational and time management skills.

  • Excellent detail and customer service orientation.

  • Strong verbal and written communication and interpersonal skills.

Compensation Information


  • Estimated Base Salary Range:$45,000-$50,000

  • Target short-term incentive opportunity: 6%

About CoBank

CoBank stands strong as a $135 billion enterprise dedicated to the financial needs of rural America. As a national cooperative bank and a proud member of the Farm Credit System it is our mission to serve as a relevant and dependable provider of credit and other value-added financial services. From our headquarters in Denver, Colorado and our regional banking centers across the US, CoBank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.


CoBank will not sponsor a work visa (e.g. H1B, etc.) to fill this position.

CoBank is an Equal Opportunity Employer
#LI-AK1


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