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Equipment Finance Operations Specialist II

First Horizon · Birmingham, Alabama, US

Location: On site at position listed in job posting. SUMMARY The Operations Specialist position performs a number of functions integral to the operation of t...

Job description

Location: On site at position listed in job posting. SUMMARY: The Operations Specialist position performs a number of functions integral to the operation of the Equipment Finance business for First Horizon Bank. The functions range from collateral follow up, payment posting, payoff generation, insurance follow up, funding review, keying wires for transaction fundings and providing assistance to EF Relationship Managers as well as internal and external clients. ESSENTIAL DUTIES AND RESPONSIBILITIES: - Transaction funding review and key wires for transaction funding - Assist with clearing loan exceptions, collateral exceptions, and past dues - Provide assistance to internal and external clients in all areas of Equipment Finance - Assist Accounting Manager with daily recons, month/quarter end activities - Assist Asset Manager with end of terms, collateral management - Rapport reviews - Process payments and fees of commercial client contracts - Prepare payoffs and communicate the same to clients as well as filing termination documentation as needed to release the bank’s security interest - Research InfoLease system for assets for subordination requests - Communicate with clients, attor...