A Lease Transaction Analyst II (LTA II) is responsible for coordinating, documenting and initiating the funding process for a variety of commercial equipment lease/loan products. They assist the sales staff and other internal customers in finding ways to structure and document transactions, which are usually customized for each customer based on equipment type. This must be done in a manner that adheres to the Bank’s internal operations, credit and pricing policies, ensuring that the Bank’s legal interests and profitability are protected. These transactions are within the M&T footprint and/or with the National Division and transactional portfolio customers. Transactions include Conditional Sale Contracts (CSC -Dollar Buyout), First Amendment leases, Tax/FMV (Fair Market Value) leases, Small Ticket leases, Municipal/Escrow leases, loans and the Master documents for each lease and loan type with commercial and municipal customers.
This position is critical in the day to day operation of the business. The transaction analyst works directly with borrowers, third party vendors and internal/external customers and counsel.. This requires a strong knowledge of the leasing business, tax rules, legal issues and accounting rules and insurance requirements applicable to leasing while navigating multiple computer systems to process transactions. The incumbent works with uncertainty, constantly changing legal, tax and accounting rules and must be able to make discretionary decisions based on knowledge and past experience.
The position is responsible for owning/participating in a customer relationship while providing a positive customer experience and a strong level of expertise to help ensure all leases/loans are managed smoothly.
None.
A LTA II must have a bachelor’s degree with 3 years customer service experience in related field or a minimum of 5 years of applicable experience.
They must have strong verbal and professional written communication skills and the interpersonal skills necessary to interact with internal/external legal counsel and internal/external customers including all levels of management.
They must have strong problem solving skills, decision making skills and interpersonal relationship skills with the ability to work in unique, collaborative and open environment.
A LTA II must have the ability to assess ideas and gain support and commitment from others in order to adhere to the Bank’s credit policies and conform to all lease and loan approval requirements and make sure that the Bank’s interests are protected while assisting the sales staff and other internal customers in finding ways to structure and document transactions within the Bank’s risk profile and profitability model.
A LTA II is a highly motivated, detail-oriented self-starter, well organized and has the ability to manage, prioritize, and work on multiple complex projects/tasks every day while assisting with the training of less experienced staff and being a subject matter expert on certain types of transactions.
They must have a thorough knowledge of computer systems, leasing products, workflow management software and the Microsoft Office Suite of products.
Bachelor’s degree in business, accounting, English, Law, Tax.
Experience in Leasing, Finance, Banking Mortgage Company or Legal environment.
A thorough knowledge of documentation flow software.
The ability to maintain a positive and professional demeanor in stressful situations.
Notary Public helpful.
Ability to sit and work for long periods of time.
Ability to work on a computer for long periods of time.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $62,200.00 - $103,600.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Rochester, New York, United States of America
Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country.
As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.
M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.
