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End of Lease Specialist I

AT First Citizens Bank
First Citizens Bank

End of Lease Specialist I

Jacksonville, FL

Overview

This position supports Equipment Finance Asset Management responsible for end of lease portfolio management, maximizing the performance of our lease portfolio, and end of lease value optimization. Handles end of lease functions and complex assets across different industry segments through asset disposition. Exhibits significant analytic capabilities and strong customer interaction. May have responsibility over in-place end of lease negotiations, collections and recoveries, as well as inventory management of off-lease returns.

Responsibilities

Business Support - Analyzes and understands lease contract provisions and end of term options. Applies strategic tactics to maximize income and results on equipment disposition. Exhibits strong communication with customers, vendors, and sales. Supports new business opportunities and growth.

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Processing - Processes incoming requests for end of lease termination by reviewing the lease contract information. Manages execution of end of term options with customer or vendor within assigned metrics. Maximizes income and recoveries for purchase options, renewals and returns. Seeks problem resolution through contract disposition.

Knowledge - Understands the dynamics of vendor relationships and ability to interact with sales and vendor representatives in a professional manner on all end of lease issues. Firm understanding of the terms and conditions of the lease documents for the assigned vendor programs specifically related to the customer's end of lease options, and ability to accurately convey to customer, vendor or sales reps.

Compliance - Understands and complies with bank policy, laws and regulations, as applicable to job duties. Completes compliance training and adheres to internal procedures and controls. Reports any known violations of compliance policy, laws, or regulations and reports any suspicious customer and/or account activity.

Qualifications

Bachelor's Degree

- OR -

High School Diploma or GED and 4 years of experience in Operations

Additional Requirements:

Exceptional written and verbal communication skills

Relationship driven

Analytical and strategic

Process orriented

Preferred Qualifications:

Asset management experience

End of Lease experience

Banking and/or Finance industry experience

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.

Client-provided location(s): Jacksonville, FL, USA
Job ID: FCB-25921-en-us
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Family Support Resources
    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Adoption Leave
    • Fertility Benefits
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Promote From Within
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at First Citizens Bank.