Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Equipment Finance Operations Manager manages the Equipment Finance Operations Groups which consists of Account Management, Client and Collateral Services, Accounts Payable (A/P) and Payment Processing, and Administration functions.
Primary Responsibilities
Oversees Account Management, Client and Collateral Services, A/P and Payment Processing, and Administration functions which includes, but not limited to: Account Maintenance, Property/Sales/Use Tax, Payoffs, Payment Processing, Collections, Customer Service, Title and Insurance lifecycle, and Client Services
Oversees reporting, portfolio diagnostics and analytics
Coordinates all tax disbursements and receivables
Coordinates all wire disbursements, approvals, and releases
Oversees all operational system support and data management
Ensures operations, portfolio and audit functions are consistent with strategic mandate
Oversees Equipment Finance documentation and administrative functions
Ensures portfolio is serviced properly and efficiently through evaluation of current staffing levels, automation of processes, software and equipment needs, etc.
Ensures that associates meet established production and quality standards
Develops and maintains written procedures for all Operations departmental functions
Analyzes department procedures and workflows for process improvement and recommends automation as agreed upon with management and determines appropriate solutions based on cost efficiencies of process improvements
Coaches, trains, and provides leadership to Account Management, Client Services and Collateral Management teams, and Operations Analysts
Develops managers and team to achieve development goals through mentoring, job enrichment and cross training
Determines departmental structure and allocates resources
Develops, implements, and ensures departmental operating procedures are documented, up-to-date and consistent with regulatory requirements, bank policies, and strategic objectives
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
This is a single incumbent position.
Requirements
Bachelor's degree
Ten (10) years of operations management experience in financial services, preferably including Asset Based Lending experience
Preferences
Strong Microsoft Office skills
Financial Modeling experience
Experience with InfoLease
Six Sigma accreditation
Skills and Competencies
Ability to work in a fast-paced environment
Attention to detail and accuracy
Demonstrated understanding of financial theories and principals
Excellent interpersonal and communication skills, verbal and written
Excellent organizational and prioritizations skills
Process oriented
Proven ability to resolve complex operational problems
Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$118,333.60 USD
Median:
$150,300.00 USD
Incentive Pay Plans:
This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/welcometour/benefits.rf
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
