Responsible for end-of-term equipment remarketing and lease management efforts for U.S. Bank's Equipment Finance group, requiring negotiation and analytical skills.
Responsibilities
Responsible for end-of-term equipment remarketing efforts for the Equipment Finance group
Negotiate with vendors and lessees regarding Fair Market Value (FMV) options
Collect past due renewal payments
Provide timely and accurate end-of-lease information
Calculate and negotiate buy-out payments
Provide final resolution for accounts that have been in renewals
Handle system documentation of all accounts
Complete special projects as assigned
Requirements
High school diploma or equivalent
Four or more years of relevant experience
Thorough knowledge of common equipment types
Thorough knowledge of lease structures relating to revenue opportunities in equipment sales and renewal options
Thorough knowledge of negotiation tactics when dealing with clients
Excellent customer service skills
Strong organizational and time management skills
Strong analytical and problem-solving skills
Excellent verbal and written communication skills
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications (Excel specifically)
Creative problem-solving and “outside-the-box” thinking
Understanding of repossession law and its application in collections
Experience with collections and knowledge of related rules and regulations
Benefits
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
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