Equipment Finance Operations Specialist I

Operations Specialist

The Operations Specialist position performs a number of functions integral to the operation of the Equipment Finance business for First Horizon Bank. The functions range from collateral follow up, payment posting, payoff generation, insurance follow up, funding review, keying wires for transaction fundings and providing assistance to EF Relationship Managers as well as internal and external clients.

Essential duties and responsibilities include : transaction funding review and key wires for transaction funding, assisting with clearing loan exceptions, collateral exceptions, and past dues, assisting with payment posting and daily recons, preparing payoffs and communicating the same to clients as well as filing termination documentation as needed to release the bank's security interest, providing assistance to internal and external clients in all areas of Equipment Finance, responsible for updating insurance renewals for every contract, responsible for internal reporting, daily, weekly and monthly, ordering UCC searches, filing UCCs and performing OFAC checks, communicating with clients, attorney's, insurance companies, title companies, and various other professionals, cross-training on loan documentation / funding, rapport reviews, and basic understanding of attorney prepared documents, working closely with Relationship Managers, Commercial Bankers, Portfolio Managers / Credit Analysts to ensure satisfactory on-going monitoring of loans to clients with supervision, and performing all other duties as assigned.

There are no supervisory responsibilities for this position.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The qualifications listed below are representative of the knowledge, skills, and / or abilities required in this position : high school diploma, associates / bachelor's degree preferred, and 0 - 2 years of experience in banking and / or contract administration or payment processing. Must be detail oriented and able to reconcile payments and loan / lease balances to the general ledger. Also, this position needs the ability to learn and understand lien perfection aspects of various equipment types.

Must be proficient with the Microsoft Office suite of products including Microsoft Word, Excel and Outlook. No certificates, licenses, or registrations required.

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. 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. More information is available at FirstHorizon.com.

Benefit highlights include medical with wellness incentives, dental, and vision, HSA with company match, maternity and parental leave, tuition reimbursement, mentor program, 401(k) with 6% match, and more.