Equipment Finance - Collections Specialist - Banking Operations Jersey City - United States
Collections Management : Review the assignment of collection responsibilities once contracts are booked Review the delinquency report with the team to confirm status of collection Supervise the follow up on delinquent accounts & and the action plan on report red flags accounts. Monitor & measure the effectiveness of the team Coordinate & communicate collection efforts internally and to other teams Assit the team with complex issues Resolve customer issues and complaints
Billing Management : Monitor cash app and support the team by providing training & help on cash applications
Portfolio Management : Review booking checklist, generate amortization schedule & payoffs Review & process rebooks/renewals/restructures/syndidations/inventory/pass throughs Fix any sales & property tax system related issues Run the termination report for the Finance team Supervise calls receive from customers, vendors and internal users Answer audit request related to contract balance /custumers Review the syndication calendar and set up wires for accurate & timely payment
Reporting: Reviews monthly activity reports for the department and the Risk function Profile Required
Technical Skills: Lease/loan documentation & credit approval understanding Lease/loan pricing including but, not limited to contract negotiation & product strategies Lease/loan manual payoff generation along with end of lease options understanding, capital markets understanding, pricing Tools: Office, HP calculator, TValue, LeaseWork, Salesforce.
Competencies: Effective listening & communication skills with vendor, customers and end users Customer & team focused and assists the team on prioritizing daily tasks Excellent interpersonal & organizational skills Ability to write, communicate and implement processes Detail oriented and able to work well under tight deadlines and make independent decisions Resolve internal and external conflicts in a timely manner.
Experience: 5+ years in commercial lending (Vendor Finance) with management and process improvement experience. Past payment collections and reporting experience
Educational Requirements: College Diploma
Languages: Proficiency in Spanish (speaking and writing) is a plus. Business Insight Department Summary:
SG Equipment Finance is part of the international banking group Société Générale, one of the top ten banks in the world. SG Equipment Finance has enjoyed the number one position for equipment and vendor finance in Europe since 2002. SG Equipment Finance was established in the United States almost nine years ago and is rapidly growing into a top provider of equipment financing. The Group focuses on multinational and local vendors looking for a financing partner with an international outlook and independent equipment lessors looking for reliable funding partners.
SG Equipment Finance Back Office is responsible for all post-booking operations including: Customer Service and Sales support Invoicing Cash posting Collection Equipment Tax management Portfolio monitoring Syndication process
All our positions are open to people with disabilities
Job code: 19000QMC
Business unit: SG Expressbank
Starting date: 11/11/2019
Date of publication: 30/09/2019