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Business Banking Equipment Finance - Leasing Officer

Troy, Michigan

Job Description:

Business Overview:

Bank of America Global Leasing is the largest U.S. equipment financing company, serving over 65,000 clients worldwide. We have $69 billion in total assets, and have a significant global presence, with nearly 1,000 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.

*Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A.

Essential Functions:

The Business Banking Leasing Officer position requires the ability to establish relationships with the Bank Partners and Bank Customers as well as facilitate the day to day equipment finance transactions. This position requires strong organization, interpersonal, and problem solving skills, and also the ability to handle multiple tasks in a fast paced environment. Credit experience is preferred.

  • Package and drive all transactions through the closing process. This includes system set-up and information maintenance, invoice collection and review, credit approval review for policy compliance, working with internal partners to address any concerns or policy exceptions, shepherding transactions through the documentation process, resolving problems, internal and external communication, and acting as liaison between the BBEF Originator, client and business partners.

  • For referral transactions less than $250k, responsible for opportunity evaluation, pricing, structuring, term sheet preparation and presentation all on a direct basis with the Relationship Managers and clients.  

  • Direct partnership with our Small Business Partners. Work directly with our Small Business partners and clients, structuring transactions to best fit the client’s needs, confirming that the industry, equipment and credit all fit within Business Banking Equipment Finance guidelines.  Price, structure, prepare and present term sheets, obtain client acceptance, and package and drive transactions through the closing process.

Preferred Education:

Bachelor Degree -- Accounting, Finance, Economics, Math or other Business concentration preferred.

Preferred Prior Work Experience: 

3 plus years of lending or banking experience; equipment finance/leasing and credit underwriting experience preferred. 

Preferred/Desired Skills:

  • Solid knowledge of financial concepts

  • Customer/client relationship management

  • Customer/client industry knowledge

  • Proven negotiation skills; sound business judgment

  • Strong verbal and written communication skills

  • Exhibit teamwork

  • Highly organized with strong multitasking skills

  • Work effectively with internal partners and competing priorities

  • Knowledge of other bank products beneficial

  • Proficiency with MS Office software applications

  • SuperTrump, Dealflo, Navigator and LMS experience preferred, but not required

  • High energy individual who acts with a sense of urgency and can drive transactions to completion

  • Location - Troy, MI

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Monday-Friday, 9:30 AM – 6:00 PM EST

Referral Bonus Amount:

3000

Job Description:

Business Overview:

Bank of America Global Leasing is the largest U.S. equipment financing company, serving over 65,000 clients worldwide. We have $69 billion in total assets, and have a significant global presence, with nearly 1,000 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.

*Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A.

Essential Functions:

The Business Banking Leasing Officer position requires the ability to establish relationships with the Bank Partners and Bank Customers as well as facilitate the day to day equipment finance transactions. This position requires strong organization, interpersonal, and problem solving skills, and also the ability to handle multiple tasks in a fast paced environment. Credit experience is preferred.

  • Package and drive all transactions through the closing process. This includes system set-up and information maintenance, invoice collection and review, credit approval review for policy compliance, working with internal partners to address any concerns or policy exceptions, shepherding transactions through the documentation process, resolving problems, internal and external communication, and acting as liaison between the BBEF Originator, client and business partners.

  • For referral transactions less than $250k, responsible for opportunity evaluation, pricing, structuring, term sheet preparation and presentation all on a direct basis with the Relationship Managers and clients.  

  • Direct partnership with our Small Business Partners. Work directly with our Small Business partners and clients, structuring transactions to best fit the client’s needs, confirming that the industry, equipment and credit all fit within Business Banking Equipment Finance guidelines.  Price, structure, prepare and present term sheets, obtain client acceptance, and package and drive transactions through the closing process.

Preferred Education:

Bachelor Degree -- Accounting, Finance, Economics, Math or other Business concentration preferred.

Preferred Prior Work Experience: 

3 plus years of lending or banking experience; equipment finance/leasing and credit underwriting experience preferred. 

Preferred/Desired Skills:

  • Solid knowledge of financial concepts

  • Customer/client relationship management

  • Customer/client industry knowledge

  • Proven negotiation skills; sound business judgment

  • Strong verbal and written communication skills

  • Exhibit teamwork

  • Highly organized with strong multitasking skills

  • Work effectively with internal partners and competing priorities

  • Knowledge of other bank products beneficial

  • Proficiency with MS Office software applications

  • SuperTrump, Dealflo, Navigator and LMS experience preferred, but not required

  • High energy individual who acts with a sense of urgency and can drive transactions to completion

  • Location - Troy, MI

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21070380

Band: H5

Manages People: No

Travel: Yes, 10% of the time

Manager:

Talent Acquisition Contact:

Belinda Kasper

Referral Bonus:

3000

Street Address

Primary Location:
2600 W Big Beaver Rd, MI, Troy, 48084