Equipment Finance Closing Officer

Equipment Finance Closing Officer

Job Category : Banking

Requisition Number : EQUIP014470

Location : On site at the listed location in the job posting

Summary : Works with Relationship Managers to coordinate loan / lease closing timeline. When appropriate, engage and work with outside counsel to ensure that all required documents are complete and accurate.

Key Responsibilities Include :

• Enter data into a front-end system to determine and create contractual documents based on the type of contract requested.
• When appropriate, work with outside counsel to ensure that all required documents are complete and accurate.
• Determine when documentation is in place and acceptable for closing a loan; at times may have to inform the appropriate personnel that loan cannot be closed until certain documents to protect the bank's position are obtained.
• Identify and request necessary pre-closing lien search duties.
• Ensure adequate insurance is obtained prior to closing; at times may have to inform the appropriate personnel that the loan cannot be closed until adequate insurance is received.
• Assess the loan documentation relative to policy to determine if there is an exception and uses discretion and independent judgment to determine whether or not the exception is allowable.
• Review existing documentation for loan relationship with the bank for renewals and increases.
• Verify that all compliance issues have been addressed.
• Confirm that necessary documents and cancellation of documents have been filed with the proper record guardians, (i.e. Clerk of Court, Dept. of Motor Vehicles, etc.)
• Address and clear any collateral exceptions issued on loans closed.
• Assist in other duties and special projects as requested.

Qualifications Include :

About Us : First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities, and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.

Benefit Highlights :

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.