Equipment Finance Transaction Coordinator
Wells Fargo Equipment Finance (WFEF) is a leading equipment finance provider in the U.S. and Canada. with a portfolio exceeding $45 billion, more than 300,000 active customers and 2,500+ team members . WFEF provides a full spectrum of financing and lease options for customers' equipment and capital expenditure requirements through Wells Fargo business, commercial and corporate banking channels, relationships with equipment manufacturers, dealers, distributors and direct to market. WFEF has industry financing specialists dedicated to Healthcare, Construction, Energy, Commercial and Specialty Vehicles, Marine, Rail, Aircraft, and Vendor Financing Programs.
This is an exciting and challenging position in Wells Fargo Equipment Finance (WFEF). The Transaction Coordinator is responsible for coordinating, documenting and initiating the funding process for a variety of commercial lease and loan documentation products for equipment financing in a fast paced environment! Functions include coordination of transactions with vendors, customers, bankers and Territory Managers, securing necessary transaction documentation, preparing documents and initiating the funding process. Assists in identifying viable solutions to ensure deals are documented and booked. Some interaction directly with external WF Customers. Ensures the perfection of a security interest in collateral and compliance with company policies. May act as a liaison between Territory Managers and Contract Analysts and Corporate Legal Group. Assists Sales Representative in the follow-up of documentation deficiencies and funding problems both prior to and post funding.
Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following, and adhering to and if applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
- 2+ years of business experience
- Customer service experience
- Excellent verbal, written, and interpersonal communication skills
- Ability to navigate multiple computer systems, applications, and utilize search tools to find information
- Ability to work in a fast-paced deadline driven environment
- Ability to work independently, proactively, innovatively, and creatively while exercising sound judgment
- Effective organizational, multi tasking, and prioritizing skills
- Good project management skills
- Intermediate Microsoft Word skills
- Strong attention to detail and accuracy skills
Other Desired Qualifications
- Strong PC skills.
- Self-starter with the ability to initiate resolution of problems with limited supervision.
- Solid Team Player.
- Working knowledge of collateral documentation, collateral perfection process and structure of business entities.
- Experience in equipment leasing
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
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