Director of Operations - Equipment Finance jobs in United States
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First Business Bank · 3 hours ago

Director of Operations - Equipment Finance

First Business Bank is committed to putting people first and delivering unmatched client satisfaction. They are seeking a strategic and results-driven Director of Operations to lead and optimize the operational functions of their Equipment Finance division, focusing on efficiency, compliance, and client satisfaction.

Financial Services
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Culture & Values

Responsibilities

Lead Operational Excellence: Oversee all operational areas of the vendor finance group, ensuring efficiency, compliance, and superior client experience
Strategic Planning & Execution: Develop and implement high-level strategic goals focused on process improvement, reporting, and portfolio performance
Team Leadership: Recruit, mentor, and manage a talented operations team. Build a structure that fosters growth, accountability, and continuity
Policy Development: Establish and enforce policies and procedures for documentation, collections, end-of-term processes, and customer service
Cross-Functional Collaboration: Partner with sales and leadership teams to align operational strategies with business objectives and client needs
Performance Monitoring: Create reporting and tracking mechanisms to measure adherence to SLAs, identify inefficiencies, and drive continuous improvement
Documentation Expertise : Oversee the development and maintenance of lease and loan documentation for vendor finance programs
Executive Communication: Maintain close alignment with senior leadership to ensure operational strategies support organizational goals

Qualification

Lease/loan accounting practicesNegotiating leaseLoan documentsTransaction structuringPricingFinancial calculationsTechnologySystems aptitudeMS Office Suite proficiencyVerbalFinancial modeling toolsWritten communication

Required

7–10 years of experience in equipment leasing/finance
at least 3–5 years in a senior leadership role managing teams in an equipment leasing/financing organization
Deep knowledge of lease/loan accounting practices and documentation
Significant experience negotiating lease and loan documents and structuring high-level vendor programs
Proficiency in transaction structuring and pricing, including use of TValue and financial calculators
Strong understanding of financial calculations (yield, NPV, IRR)
Superior verbal and written communication skills with the ability to influence and collaborate across teams
Demonstrated aptitude and curiosity for technology and systems, including emerging tools such as AI; ability to quickly learn, adapt, and leverage digital solutions to drive efficiency and innovation
Proficient in MS Office Suite (Word, Excel, PowerPoint), DocuSign, and CRM platforms (e.g., Salesforce)
Skilled in TValue and financial modeling tools

Preferred

Post-secondary degree, in a business related field preferred

Benefits

Comprehensive total rewards to support our team members
Commitment to an inclusive and engaging company culture
Focus on improving our communities

Company

First Business Bank

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First Business Bank offers business banking, commercial banking, specialty finance, private wealth, and consulting to banks. Member FDIC.

Funding

Current Stage
Public Company
Total Funding
$77.5M
2023-10-03Post Ipo Debt· $15M
2022-03-04Post Ipo Equity· $12.5M
2022-03-04Post Ipo Debt· $20M

Leadership Team

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David Seiler
President and Chief Operating Officer
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Company data provided by crunchbase