Job Description:
Lease Servicing Specialist I
Job Locations
US-MN-Minneapolis
| ID |
2021-1267 |
| Category |
Banking Operations |
| Type |
Full Time |
Benefits Overview
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits offered by CoBank
- Careers with a purpose-stand for something!
- Competitive Compensation & Incentive
- Hybrid work model - flexible work arrangements for most positions.
- Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
- CoBank University robust curriculum -associate training and development, including higher education tuition reimbursement
- Outstanding 401k - up to 6% matching and an additional 3% non-elective contribution
- Time-Off Packages - Vacation 15+ days, 10 Paid Sick Days, and 10 Paid Holidays
- Community Impact - United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups - creating a culture of diversity and inclusion
- Recognize a fellow associate with "GEM" awards, including a monetary value
Job Description
The Lease Servicing Specialist I performs closing activities for lease transactions. Responsible for task prioritization, quality assurance, processing/filing documents, and other administration tasks as assigned. Works in a team environment and collaborates with lease operations, asset management, credit, accounts payable and tax associates to ensure that lease origination commitments are fulfilled. Provides periodic status to Lease Operations leadership and other internal departments.
Essential Duties and Responsibilities
- Completes back office/post-closing document processing including insurance, original lease documents, vehicle titles, and other lease related documents.
- Completes transactional process to meet internal, partner, and customer commitments.
- Backs up other team members. Performs processing activities for other teams in support of work load leveling.
- Performs quality assurance functions. Works with the Lease Operations team to ensure that high quality standards are achieved.
- Communicates status to Lease Operations team and leadership. Keeps supervisor informed of workload and process related issues.
- Actively engages with Lease Operations team contributing to fulfillment of overall partner and customer origination commitments and issue resolution.
- Performs duties as needed to ensure the Farm Credit Leasing office runs smoothly by meeting internal and external customer needs.
Basic Qualifications
- High School diploma.
- One or more years of experience, preferably in the leasing/lending/banking industry; or appropriate combination of education and experience.
Preferred Qualifications
- Associate's or bachelor's degree in finance, business administration or relevant discipline preferred.
- Basic knowledge of the Farm Credit System preferred.
- Basic knowledge of the leasing industry, leasing documentation, tax and closing requirements
- Excellent attention to detail.
- Organizational and time management skills, with the ability to prioritize scheduled work with minimal supervision.
- Strong organizational and time management skills.
- Strong verbal and written communication and interpersonal skills.
- Excellent detail and customer service orientation.
- Knowledge of office software applications such as Microsoft Office applications (Outlook, Word and Excel) and Adobe Acrobat.
- Ability to respond to telephone or in-person inquiries.
- Ability to organize, maintain and file documents.
- Ability to interact with and engage others appropriately at all levels in the organization, as well as customers and other outside parties.
- Ability to work independently as well as collaboratively in a team environment.
- Ability to accommodate varying work and scheduling requirements in order to meet deadlines
- Ability to solve problems, and identify when to escalate issues. Customer service oriented.
- Ability to interact with and engage others appropriately at all levels in the organization.
Compensation Information
- Estimated Base Salary Range: $43,000 - $49,000
- Target short-term incentive opportunity: 3%
About CoBank
CoBank stands strong as a $135 billion enterprise dedicated to the financial needs of rural America. As a national cooperative bank and a proud member of the Farm Credit System it is our mission to serve as a relevant and dependable provider of credit and other value-added financial services. From our headquarters in Denver, Colorado and our regional banking centers across the US, CoBank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.
CoBank will not sponsor a work visa (e.g. H1B, etc.) to fill this position.
CoBank is an Equal Opportunity Employer.
CoBank requires all newly hired associates to be fully vaccinated against COVID-19, and new hires will be asked to register their proof of vaccination. Any offer of employment will be conditioned upon an applicant supplying proof of vaccination against COVID-19; provided, however that CoBank may provide a reasonable accommodation for an applicant's known disability or sincerely held religious belief.
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