Lease Administration Specialist II

2 weeks ago

Minneapolis, Minnesota, United States The Judge Group Full time
Benefits Overview

A career at The Judge Group provides an opportunity to make a significant impact on the clients and communities we serve. Choosing a career with us means contributing to something meaningful. To achieve excellence, we seek exceptional talent.

Outstanding Benefits Offered by The Judge Group
  • Purpose-driven careers. Make a difference.
  • Generous Time-Off Packages, including over 15 days of vacation, 10 paid sick days, and 11 paid holidays.
  • Competitive Salary & Incentives.
  • Flexible work arrangements with a hybrid model for most roles.
  • Comprehensive Benefits Package, featuring Medical, Dental, and Vision coverage, Disability, AD&D, and Life Insurance.
  • Extensive training and development opportunities through The Judge Group University.
  • Tuition reimbursement for educational advancement up to $10,000 annually.
  • Robust 401k plan with up to 6% matching and an additional 3% non-elective contribution.
  • Community Engagement initiatives: Volunteer Days and Associate Directed Contributions.
  • Diversity and Inclusion through Associate Resource Groups.
  • Recognize peers through our GEM awards program.
Job Description

The Lease Servicing Specialist II is responsible for managing the complete lifecycle of lease transactions. This role involves prioritizing tasks, ensuring quality control, maintaining documentation, and overseeing funding and booking processes. Collaboration with Relationship Services Specialists (RSS), asset management, credit, accounts payable, and tax departments is essential to fulfill lease origination commitments. Regular updates will be provided to leadership and other internal teams.

Key Responsibilities

1. Liaise with leasing clients and partners to gather credit conditions necessary for preparing lease documentation, ensuring compliance with requirements.
2. Draft and distribute lease contracts to clients and partners in line with company policies, verifying completeness and accuracy of agreements.
3. Execute booking procedures to align with internal, partner, and client commitments, ensuring accuracy in the lease accounting system.
4. Conduct funding activities for designated accounts, adhering to due diligence protocols and preparing payment requests as per authority limits.
5. Manage maintenance tasks related to contract modifications, corrections, and end-of-lease decisions throughout the lease duration.
6. Execute UCC filings in accordance with regulatory standards and manage legal documentation with relevant authorities.
7. Provide support to team members by performing closing activities as needed to balance workloads.
8. Conduct quality assurance checks to uphold high standards of service.
9. Communicate progress and updates to the team and leadership, ensuring timely escalation of issues.
10. Engage actively with the team to meet partner and client commitments and resolve issues effectively.
11. Participate in relationship management calls and site visits to enhance client relationships and service quality.
12. Collaborate closely with Relationship Managers, Account Managers, clients, and lease partners to deliver exceptional customer service.
13. Regularly review and update procedures to align with evolving business practices.
14. Identify opportunities for continuous improvement and work with management to implement enhancements.
15. Cross-train to support and back up colleagues as needed.

Qualifications
  • High school diploma or GED required.
Experience

Minimum of 2 years of experience in the leasing sector is required. An Associate's or Bachelor's degree in finance, business administration, or a related field is preferred. Familiarity with the leasing industry, documentation, tax, and closing requirements is advantageous. Proficiency in office software applications, Tvalue, CRM, and Rapport is expected.

Physical Requirements

This role is primarily sedentary, requiring the ability to exert up to 10 pounds of force occasionally.

Travel Requirements

Occasional travel may be required, typically once a month or less.

About The Judge Group

The Judge Group is committed to providing equal employment opportunities to all applicants, including those with disabilities. We ensure our online application process is accessible and inclusive.

We are an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

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