First Commonwealth Bank · 2 days ago
Equipment Finance Group Quality & Control Specialist
Berwyn, Pennsylvania, United States
Full-time
Onsite
Entry Level
1+ years expFirst Commonwealth Bank is a financial institution focused on corporate banking services, and they are seeking an Equipment Finance Group Quality & Control Specialist. This role is responsible for reviewing lease/loan documentation and ensuring adherence to policies and procedures to mitigate regulatory and credit risks.
Banking
Responsibilities
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:
Know Your Customer requirements
CDD/BO requirements
OFACs
UCC searches
Ensure subordinations/releases obtained to perfect liens/ownership (including proper motor vehicle title work), if applicable
Proof of insurance
Entity Corporate documents
Assignment documents (purchased transactions only)
UCC-1/UCC-3 preparation
Invoices/Proof of Payment
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
Transfers contract
Enters/verifies all client/billing and contract information
Ensures all coding is correct
Enters 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
Required
A Bachelor's degree in Business (e.g. Business Administration, Finance, Accounting) or equivalent work experience preferred
One (1) year of experience with loan documentation, with demonstrated expertise in due diligence and perfection processes required
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 preferred
Proficient in typing, knowledge of Microsoft Office software, reading, writing and grammar skills, analytical or mathematical skills, and communications and interpersonal relations
Company
First Commonwealth Bank
We know why we’re here: to put you first. We do it by building long-term relationships with our customers and our employees.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1992-06-10IPO
Leadership Team
Brook McGinnis
SVP / Senior Product Group Manager - Digital Banking and Payments
Linda Metzmaier
SVP, Chief Compliance Officer
Recent News
First Commonwealth Financial Corporation
2025-12-02
First Commonwealth Financial Corporation
2025-11-03
Company data provided by crunchbase