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Overview:
Reporting to the COO, the VP of Lease Administration will manage the department, process, and workflow where primary functions include the administration of commercial equipment lease and loan documentation and the closing and funding of transactions. Provide transactional support and work closely with sales reps, credit, syndication, accounting, Sr. Management, customers, and vendors through all steps of the lease administration process. The VP of Lease Administration must possess a thorough understanding of the documents, process, and organizational policies and assume a lead role in the drafting and negotiating of any changes to the core lease documents as well as any assignment and third-party agreements leveraging outside counsel as needed and commercially reasonable. This position will audit and maintain compliance with standard operating procedures, review all documentation before execution (external and internal) and prior to funding, and further develop and maintain effective processes to follow up and clear any document, funding, or compliance exceptions throughout the lease administration process. Responsible for creating, maintaining, and publishing various reports for Sr. Management and work closely with all department leaders to develop and implement processes and procedures to help drive efficiencies throughout the organization. Responsible for the ongoing development of all department members and responsibility for work product and other critical risk management activities needed to minimize credit, documentation, and operational risks in commercial equipment financing.
Essential Duties:
Qualifications:
Benefits:
Job Type: Full-time
Pay: $125,000.00 - $165,000.00 per year
Benefits:
Experience level:
Schedule:
Ability to Commute:
Work Location: In person
Full Time
05/13/2024
09/08/2024
The job skills required for Lease Administration Manager include Accounting, Lease Administration, Attention to Detail, Retirement Plans, Professional Development, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Lease Administration Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Lease Administration Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Lease Administration Manager positions, which can be used as a reference in future career path planning. As a Lease Administration Manager, it can be promoted into senior positions as a Leasing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Lease Administration Manager. You can explore the career advancement for a Lease Administration Manager below and select your interested title to get hiring information.