Funding Specialist

Overview

This role supports the day-to-day servicing of the company’s equipment lease and loan portfolio, with primary responsibility for operational tasks within the Servicing Operations (Ops) function. The position processes the daily funding of transactions and works closely with internal accounting and treasury partners, as well as vendors and dealers, to ensure payments are accurate and processed on time. Strong organizational skills, sound judgment in researching and resolving variances, and the ability to manage multiple recurring deadlines with high accuracy are required.

Reports to the Servicing Manager.

Responsibilities

• Process equipment funding payables and prepare payments for review
• Prepare daily/monthly reconciliation of general ledger accounts
• Assist with cash management activities, including bank reconciliations
• Assist with periodic reporting to funding sources, including (but not limited to):
  • portfolio concentration
  • ineligibles
  • delinquency
  • write-offs
  • recoveries
  • residual realization
  • borrowing base reporting
• Assist in audit and tax preparation
• Assist in annual report activities, including preparation and timely submission of filings, as needed
• Maintain and expand job knowledge through educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations

Requirements

• Bachelor/Associate degree or relevant years of practical work experience in finance or accounting
• Proficiency using Microsoft Office products (Excel, Word, Outlook, PowerPoint)
• Strong written and verbal communication and listening skills
• High attention to detail and accuracy; meets deadlines
• Adherence to policies and procedures
• Proficient in Excel required; accounting and accounting systems preferred

Preferred Qualifications

• Accounting and accounting systems experience

Compensation & Benefits

• Target range: $28.00/hr. - $33.00/hr.
• Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.
• Annual Discretionary Cash Bonus Target: 7.5%
• Annual Discretionary Restricted Stock Units Bonus Target: 7.5%
• These discretionary target bonuses may be awarded semi-annually based upon achievement of performance goals and targets.
• Benefits may include:
  • Medical, Dental, Vision, and Life Insurance
  • Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
  • HSA or FSA account and other voluntary benefits
  • 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
  • Employee Mortgage Loan Program and free access to an account with Self-Directed Trading

Location

• Not specified

Pre-Employment Requirements

• All offers are contingent upon successfully passing a credit check, criminal background check, and pre-employment drug screening, including screening for marijuana.
• As a federally regulated banking institution, the employer will not employ any person who tests positive for marijuana, regardless of state legalization.

Equal Employment Opportunity

The employer is an Equal Opportunity employer and is committed to providing equal employment opportunities to all employees and applicants without regard to protected characteristics under applicable federal, state, and local laws.

Work Environment & Physical Requirements

• Required to sit for extended periods of time
• Manual dexterity and coordination required while operating standard office equipment (e.g., computer keyboard and mouse, calculator, telephone, copiers)
• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions

Employment Eligibility

• The employer participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States.