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Manager, Equipment Finance Operations
Hancock Holding Company
New Orleans, LA, United States
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JOB FUNCTION/SUMMARY:
Analyze, underwrite and service lease and loan relationships in a timely manner and according to business and Bank standards.ESSENTIAL DUTIES & RESPONSIBILITIES:
• Partner with Relationship Managers.
• Manage and/or mentor and train junior Equipment Finance Group (EFG) teammates.
• Support and assist other EFG teammates as workload dictates.
• Keep informed of current economic conditions and legislation which may affect customer relationships and the Commercial Line of Business.
• Work as a member of the EFG’s Credit Delivery Team in conjunction with Relationship Manager, Credit Officer, EFG Operations Manager, EFG Director, etc.
• Work under direct supervision of the EFG Operations Manager and as a partner with Relationship Managers RMs.
• Provide assistance in working with the RM to structure and underwrite new loan and lease requests.
• Underwrite extensions, modifications, renewals and new loan and lease requests.
• Present basic loan and lease requests as needed to EFG management and Credit Officers/ Loan Committee.
• Work directly with EFG RMs to obtain all necessary financial statements and transaction information in order to analyze credit requests.
• Track Loan and Lease Agreement Compliance ensuring that relationships within the EFG portfolio are monitored per the terms of the Loan Agreement and bank policy.
• Monitor and work with RM and other EFG teammates to clear payment Past Dues.
• Prepare risk rating scorecards and related forms/reports to verify that ratings are accurately reflected and documented.
• Order/perform equipment and collateral valuations and completes Collateral Gap Analyses.
• Complete due diligence process by ordering appropriate reports.
• Conduct company, industry and market analyses to further assess obligor and guarantor credit quality.
• Assist in the review and approval of lease and loan documentation, whether internally or externally prepared, to ensure accuracy and completion in accordance with loan approval.
• Track and resolve document exceptions related to closing and ongoing exceptions. Monitor credit status and quality of loans and leases on a regularly scheduled basis, including assessment of current risk rating.
• Test obligor and guarantor operating performance against original underwriting and projections upon receipt of required reporting information (i.e. monthly, quarterly, semi-annual, or annual financial statements, etc.).
• Perform, at minimum, annual reviews to assess obligor and guarantor performance and risks associated with the transaction.
• Secure and safeguard all customer information according to Bank guidelines, including cash, customer account data, and other sensitive information.
• Complete other duties and special projects as assigned by Senior Management.
• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.
MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:
Required:
• Bachelor's degree in Business Administration, Finance, Accounting or a related field.
• Six to 12 plus years of credit analysis experience and working with Credit Analysts/Underwriters and Relationship Managers or bankers.
• Experience assisting Senior Bank Officers with a variety of intermediate to complex level transactions.
• Ability to interpret personal and business tax returns and financial statements.
• Ability to use sound logic to solve problems with effective solutions.
• Self-motivated with high energy levels and ability to prioritize and multi-task effectively.
• Strong communication and interpersonal skills; team player.
• High personal character and commitment to “do things the right way”.
• Advanced knowledge of equipment finance, commercial and retail lending services, documentation, underwriting and regulatory guidelines.
• Advanced understanding of financial ratios and business principles, and strong analytical skills with an ability to question assumptions.
• Advanced knowledge of credit analysis and lending/leasing functions.
• Advanced knowledge of typical equipment finance and bank products and services.
Preferred:
• Experience underwriting and closing tax-exempt transactions.
• Successful completion of a formal credit training program or certificate program.
ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:
• Ability to work under stress and meet deadlines
• Ability to operate a keyboard if required to perform the essential job functions
• Ability to read and interpret a document if required to perform the essential job functions
• Ability to travel if required to perform the essential job functions
• Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.
Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.