Servicing Manager/Administrator

About the job

Delta Financial is Hiring an equipment lease Servicing Manager and/or Administrator (depending on level of experience) for our corporate office in Clearwater/St. Pete, FL, to support our team as the department continues to grow.

Job Summary

The Lease Manager/Administrator plays a crucial role in managing and maintaining lease agreements for the company’s equipment portfolio. This position involves overseeing lease documentation, uploading lease transactions into our accounting and servicing program (Lti’s Aspire), and ensuring compliance with lease terms and regulations.

Primary Responsibilities

• Lease Documentation: Verify, review and maintain lease agreements, amendments and renewals.
• Lease Renewals, Returns, and Buyouts: Coordinate lease renewals, returns and buyouts including communicating with lenders/lessors, internal stakeholders and updating lease documentation and systems as necessary.
• Database Management: Maintain lease databases, debt table and tracking systems to organize documentation, critical data and key data reporting items. Reconciliation: Reconcile equipment assets for new lease schedules verifying invoices match data points in our internal systems.
• Lease Audits: Conduct regular audits of lease agreements to ensure accuracy and compliance with lease terms, rates, verification of debt confirmation match with lenders, and other provisions.
• Internal and external audits: Assist in quarterly and yearly audits with reconciliations, confirmations, and documentation.
• Lender Relations: Serve as a primary point of contact for Lenders/Lessors and other stakeholders regarding lease/loan-related inquiries, requests, and disputes. Process improvement: Identify opportunities to streamline lease administration processes, enhance efficiency, and optimize the use of our lease management system and internal systems.
• Support other special projects as needed.

About Delta Financial Group

Delta Financial Group is a top 30 non-bank equipment finance company. Delta was founded in 1962 and was reoriented in 2020 with a team of industry veterans to focus on asset finance and fund management. The Delta management team represents a combined 400+ years of specialty finance and equipment leasing experience and is primarily focused in originating operating leases to enterprise counterparties. Delta is a social-impact focused, Certified Service Disabled Veteran Owned Small Business partnership and backed by funds affiliated with Peak Rock Capital and Oaktree Capital Management.

Why We’re a Better Place to Work

• Competitive salary.
• Medical, Dental and Vision coverage for full-time employees.
• 401(k) and company match.
• Generous paid time off (PTO) plus company paid holidays.
• Central location in Feather Sound, near the Howard Franklin bridge
• Opportunities for career and professional development with conferences, events, seminars and continued education.

About You

Our mission to change an entire industry is not easily achieved, so we only hire people who are inspired by the goal and up for the challenge. In turn, our employees have every opportunity to grow with us, achieve personal and professional success and enjoy making a tangible difference in an industry that’s long been resistant to change.

Skills & Qualifications

• Excellent organizational skills for managing multiple leases, deadlines and documentation.
• Proficiency in financial systems, lease management software and standard office applications (Excel, Word, databases)
• Strong written and verbal communication skills for interacting with internal stakeholders, vendors, and lessors.
• Ability to analyze lease terms, financial data and performance metrics.
• Ability to address and resolve issues related to lease agreements or administrative processes.
• Bachelor’s degree in Accounting, Finance, Business Administration or related field preferred
• 3-4 years’ experience in lease administration, accounting, database management or related field.