Equipment Finance Asset Management Specialist I

First Citizens Bank

Jacksonville, Florida

JOB DETAILS
LOCATION
Jacksonville, Florida
POSTED
27 days ago
Overview:

This is a hybrid role with the expectation that time working will regularly take place inside and outside of our Jacksonville, FL office.

 

This position supports Equipment Finance Asset Management responsible for end of lease portfolio management, maximizing the performance of our lease portfolio, and end of lease value optimization. Handles end of lease functions and complex assets across different industry segments through asset disposition. Exhibits significant analytic capabilities and strong customer interaction. May have responsibility over in-place end of lease negotiations, collections and recoveries, as well as inventory management of off-lease returns.

Responsibilities:
  • Business Support - Analyzes and understands lease contract provisions and end of term options. Applies strategic tactics to maximize income and results on equipment disposition. Exhibits strong communication with customers, vendors, and sales. Supports new business opportunities and growth.
  • Processing - Processes incoming requests for end of lease termination by reviewing the lease contract information. Manages execution of end of term options with customer or vendor within assigned metrics. Maximizes income and recoveries for purchase options, renewals and returns. Seeks problem resolution through contract disposition.
  • Knowledge - Understands the dynamics of vendor relationships and ability to interact with sales and vendor representatives in a professional manner on all end of lease issues. Firm understanding of the terms and conditions of the lease documents for the assigned vendor programs specifically related to the customer's end of lease options, and ability to accurately convey to customer, vendor or sales reps.
  • Compliance - Understands and complies with bank policy, laws and regulations, as applicable to job duties. Completes compliance training and adheres to internal procedures and controls. Reports any known violations of compliance policy, laws, or regulations and reports any suspicious customer and/or account activity.
Qualifications:

Basic Qualifications:

Bachelor's Degree

- OR -

High School Diploma or GED and 4 years of experience in Operations

 

Additional Requirements: 

  • Call queue and/or customer account servicing experience including (but not limited to), follow-ups, conflict resolution, escalations, and documentation review
  • Early adoption to change management, demonstrates initiative, process driven, and detail orientated.
  • Exceptional analytical and problem-solving abilities
  • Excellent time management skills and proven ability to meet deadlines
  • Ability to collaborate and effectively communicate (verbally and written) and work with different levels within the bank including stakeholders.
  • Thrive in a fast-paced environment while continually maintaining a positive attitude and promoting teamwork across departments
  • Tech savviness, with the ability to pick up new technologies, and have strong knowledge of MS Office Suite including Excel and Power Point.

Preferred Qualifications:

  • Bachelor’s Degree
  • Asset Management experience
  • Banking and/or Finance industry experience
    Large Financial Institution experience

 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

About the Company

F

First Citizens Bank

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. As the largest family-controlled bank in the United States, First Citizens is continuing a unique legacy of strength, stability, and long-term thinking that has spanned generations. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens also operates a nationwide direct bank and a network over 550 branches in 22 states. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. First Citizens Bank brings together personal service and powerful tools to help customers do more with their money – and make more of their future.  

Looking for a career with CIT? CIT is now a division of First Citizens Bank.

First Citizens Bank. Forever First®

COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
EMPLOYEE BENEFITS
Paid Sick Days, Prescription Drug Coverage, Professional Development, 401K, Flexible Spending Accounts, Retirement / Pension Plans, Life Insurance
FOUNDED
1898
WEBSITE
https://www.firstcitizens.com