Location: On site at location listed in job posting. 

SUMMARY

The Equipment Finance Closing Officer manages the closing due diligence, documentation and booking processes associated with closing new Equipment Finance loan and lease transactions for Equipment Finance.  This position supports the EF RM Team and is the primary point of customer contact during the closing process.  This role is also responsible for working with outside counsel when applicable and ensures that transactions are documented and closed in accordance with the credit approval and term sheet (if applicable).

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• When appropriate, engage and work with outside counsel to ensure that all required documents are complete and accurate
• Ensures transaction due diligence items required to close the transaction are collected
• Identify and request necessary pre-closing lien searches
• Insurance is obtained prior to closing in accordance with requirements
• Obtain necessary KYC/AML documentation
• Verify that all compliance issues have been addressed
• Obtain collateral perfection documentation in accordance with EF Lien Perfection Policy
• Determine when executed transaction documentation acceptable for closing a loan and communicate the appropriate personnel that loan cannot be closed until all outstanding documents are obtained
• Assess the loan documentation relative to policy to determine if there is an exception and uses discretion and independent judgment to determine whether or not the exception is allowable
• Review existing documentation for loan relationship with Bank for renewals and increases
• Confirm that collateral perfection documents and cancellation of documents have been filed with the proper record guardians, (i.e. Clerk of Court, Dept. of Motor Vehicles, etc.)
• Enter data into a front-end system to determine and create contractual documents based on the type of contract requested
• Address and clear any collateral exceptions issued on loans closed
• Assist in other duties and special projects as requested

SUPERVISORY RESPONSIBILITIES:
No supervisory responsibilities

QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• High school diploma, associates/bachelor’s degree preferred, with 2-3 years of experience preferred or an equivalent combination of education/training and experience; detail oriented; possess excellent organizational and time management skills

COMPUTER AND OFFICE EQUIPMENT SKILLS:
Email software (ex. MS Outlook) and proficient with Microsoft Office suite of products,

CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc):
None

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 www.FirstHorizon.com. 

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

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