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First Commonwealth Bank · 1 day ago

Equipment Finance Group Senior Quality & Control Specialist

Berwyn, Pennsylvania, United States

Full-time

Onsite

Senior Level

5+ years exp

First Commonwealth Bank is seeking a Senior Quality & Control Specialist for their Equipment Finance Group. This role is responsible for the review of complex lease/loan documentation and ensuring adherence to policies and procedures while maintaining high-quality standards to protect the company from regulatory and credit risks.

Banking

Responsibilities

Mentors Quality Control Specialists

Strives to provide extraordinary client service by exercising the Perfect Client Experience (PCE)

Ensures Service Level Agreements are met with regard to client service for both internal and external clients

Prioritizes reviews in a fast-paced environment to meet stakeholder and client expectations

Reviews documentation for accuracy, alterations, legibility and acceptability per FCEF policies and procedures and conditions stated in the credit and asset management approval memo(s)

Ensures deficiencies are properly resolved

Ensures any/all exceptions are signed off on by manager

Ensures UCCs are timely filed

Ensures required due diligence items have been received and validated including, but not limited to:

A. Know Your Customer requirements

B. CDD/BO requirements

C. OFACs

D. UCC searches

I. Ensure subordinations/releases obtained to perfect liens/ownership (including proper motor vehicle title work), if applicable

E. Proof of insurance

F. Entity Corporate documents

G. Assignment documents (purchased transactions only)

H. UCC-1/UCC-3 preparation

I. Invoices/Proof of Payment

J. MSO/Titles

Ensures payment/wire instructions provided by dealer or customer have been verified

Ensures system is updated and coded properly

Verifies required advanced monies have been received and proof in file

Funding approval for transactions less than $300,000 (both direct and indirect)

Completes Booking Process

A. Transfer contract

B. Enter/verify all client/billing and contract information

C. Ensure all coding is correct

D. Enter important client notes

Reviews postbook follow up items to ensure issues have been fully cleared / received

Reviews amendment documentation prior to Sales Support Rep sending to client for signature

Reviews/ approves Rewrite documentation prior to submitting to Accounting

Manages initiatives to resolve control gaps and enhance current processes for further efficiency and effectiveness as needed

Prioritizes reviews in a fast-paced environment to meet stakeholder and client expectations

Review processes and recommends process improvements

Qualification

Loan documentation expertiseDue diligence processesUCC searches knowledgeMicrosoft Office proficiencyAttention to detailAnalytical skillsInterpersonal relationsProblem solving skills

Required

Five (5) years of experience with loan documentation, with demonstrated expertise in due diligence and perfection processes

Strong attention to detail, effective problem solving and analytical skills, with ability to handle and prioritize multiple tasks

Proficient in typing, knowledge of Microsoft Office software, reading, writing and grammar skills, analytical or mathematical skills, and communications and interpersonal relations

Preferred

A Bachelor's degree in Business (e.g. Business Administration, Finance, Accounting) or equivalent work experience

Knowledge of loan structures and documentation needs/requirements, loan documentation, collateral, lien perfection, evaluation/review/interpretation of UCC searches and vehicle titling needs and processes

May be eligible for telecommuting