Fifth Third Bank

Commercial Equipment Finance Rep IV - Aviation

Full-time · Denver, CO
✓ Verified live on the employer's own system · added 30 days ago
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Senior · 7+ yrs exp

Requirements

Education: Bachelor's degree

Experience: 7+ years

Skills & tools

SalesLease AdministrationLeasingHiringFinancial AnalysisRecordkeepingProcurementSourcing And Procurement
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Full job description

ESSENTIAL DUTIES AND

RESPONSIBILITIES: - Initiates contacts for developing new sources of business. Cultivates and maintains relationships with numerous sources of new business. Arranges personal meetings with prospects to explain leasing services, rates, and terms of lease agreements. - Interviews prospective lessees to develop background information to determine acceptable credit risk.

Communicates subsequent investigation results to lessees and initiates lease contract formation where applicable. - Coordinates the appraisal of equipment to be leased with departmental staff to determine acceptable structure, pricing, tax, and residual risks, ensuring that necessary documentation is complete and accurate.

Ensures collateral is evaluated within standard practices. - Prepares market competitive and internally profitable lease quotes by researching market rates, proposing acceptable lease structures, maximizing the use of tax benefits, and insuring sufficient company profitability. - Structure, design, and propose viable lease transactions.

Work with clients to tailor agreements that meet customer needs from the beginning of the deal to the close. - Manage customer relationships on an ongoing basis by monitoring and being proactive with respect to the changing dynamics of the market conditions and competition. - Works closely with tax and legal specialists to ensure that lease contracts comply with applicable laws and regulations. - Assumes additional responsibilities as assigned.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: - Bachelor's degree preferred. - 7+ years of experience with a finance/leasing company in sourcing, developing, and closing lease transactions focused on aviation. - Excellent organizational skills. - Independent self-starter and proactive marketer. - Ability to build and maintain long-term relationships with lessors and senior level management with appropriate companies in region. - Polished professional sales, marketing, and presentation skills.

Excellent oral and written communication skills. - Comprehensive financial analysis and financial selling skills (knowledge of FASB 13, cash flow, balance sheet, and profit and loss effects of leasing). - Excellent working knowledge of word processing, spreadsheet, and pricing software. Expertise with the HP12C or HP17B calculator.

Commercial Equipment Finance Rep IV - Aviation At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Denver, Colorado 80202 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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This posting was published by Fifth Third Bank on their own careers system and is shown here with a direct link to apply there. Employers: for corrections or removal, contact jobs@veritahire.com.