What are the responsibilities and job description for the Funding Specialist position at Arrow Truck Sales?
Purpose/Description:
Implements the funding and record keeping process on new incoming finance contracts.
Core Responsibilities:
· Documentation review to assure contracts are legally enforceable and in compliance with company policy regarding representations and warranty endorsements to our funding sources.
· Assesses the adequacy of received documentation relative to conditions and stipulations contained in the loan/lease credit approval.
· Works with customers and Arrow branch personnel to get documentation deficiencies corrected in order to obtain funding.
· Acts as a primary resource for helping to obtain liability and casualty insurance certificates.
· Maintains status report of all pending funding activity.
· Processes requests for loan and lease modifications and direct repair loans and prepares the necessary documents for customer signature when approved.
· Process incoming toll invoices on leases and ensure they are a miscellaneous billable.
· Assists Arrow branch personnel with questions or issues regarding the use of the company’s various software solutions related to the documentation and funding functions of the business.
Competencies:
· Technical/Functional Expertise
· Audit/Review
· Teamwork
· Communication
· Written Communication
· Ownership/Accountability
· Analytical Skills
· Problem Solving/Decision Making
· Quality Advocate
Skills & Knowledge: (when applicable)
· High level proficiency in legal documentation requirements for secured loans and capital leases.
· PC proficient with high level knowledge of Excel and Microsoft Word.
· Ability to learn new disparate systems.
Minimum Education and Experience:
· Associates degree in business, banking or finance, or equivalent experience.
· Two years’ experience in the preparation and review of commercial loan/lease documents in a secured lending environment is highly desirable.
Job Type: Full-time
Pay: $50,652.00 - $56,595.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Health insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Shift:
- 8 hour shift
Supplemental Pay:
- Bonus opportunities
Experience:
- Commercial Loan/Lease: 2 years (Preferred)
Ability to Commute:
- Overland Park, KS 66210 (Required)
Work Location: In person
Salary : $50,652 - $56,595