Equipment Finance Operations Specialist I

**Description** **Location:** On site at location listed in job posting. **SUMMARY** 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** + Transaction funding review and key wires for transaction funding + Assist with clearing loan exceptions, collateral exceptions, and past dues + Assists with payment posting and daily recons + Prepare payoffs and communicate the same to clients as well as filing termination documentation as needed to release the bank's security interest + Provide 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 + Orders UCC searches, files UCCs and performs OFAC checks + Communicate with clients, attorney's, insurance companies, title companies, and various other professionals + Cross-train on loan documentation/funding, Rapport reviews, and basic understanding of attorney prepared documents + Work closely with Relationship Managers, Commercial Bankers, Portfolio Managers/Credit Analysts to ensure satisfactory on-going monitoring of loans to clients with supervision + Performs all other duties as assigned **SUPERVISORY RESPONSIBILITIES** + No supervisory responsibilities **QUALIFICATIONS** To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, 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. **COMPUTER AND OFFICE EQUIPMENT SKILLS** + Must be proficient with the Microsoft Office suite of products including Microsoft Word, Excel and Outlook **CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc)** + None required **About Us** 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. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. 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. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at ( . **Benefit Highlights** - Medical with wellness incentives, dental, and vision - HSA with company match - Maternity and parental leave - Tuition reimbursement - Mentor program - 401(k) with 6% match - More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits **Follow Us** Facebook ( X formerly Twitter LinkedIn ( Instagram YouTube ( Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights ( notice from the Department of Labor.