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Due Diligence & Implementation Manager - Bank Partnerships

Company: Lease Corporation of America
Location: Park City
Posted on: November 25, 2022

Job Description:

Due Diligence & Implementation Manager - Bank Partnerships
About LCA BankLCA Bank (the "Bank") is an FDIC-insured, Utah industrial chartered bank headquartered in downtown Park City, Utah. LCA is becoming a leader in providing small business loans made directly, and in partnership with non-bank finance companies.
The Bank Partnerships (BP) team at LCA supports the fast-paced, innovative strategic lending. LCA is looking for a team member who will create, grow and lead-not just maintain the status quo. Every day is different because this person will initially wear a few hats to help build a portion of the business from the ground up.
Position SummaryThe Due Diligence & Implementation Manager will report to the Chief Revenue Officer (CRO) and is responsible for the development, maximization, implementation, and management of the bank partnerships due diligence and implementation processes. Due Diligence & Implementation Manager will assist the CRO with business development, prospect negotiations, pricing, and structuring. Primary Responsibilities

  • Primary point of contact for each partner development through program launch
  • Develop, refine and manage the Due Diligence Procedures and Checklists for all BPs
  • Coordinate credit, operations, compliance, accounting, marketing, IT, vendor management, etc. to complete due diligence and implementation of each BP
  • Assist in the negotiation and approval process of prospective BPs
  • Support all aspects of the underwriting and diligence process of prospective of BPs
  • Track all items that require rectification found during due diligence, site visits, and third-party audits
  • Manage all administrative aspects of program implementation
  • Record, manage & document information related to new and existing partnerships within bank's software
  • Consistently communicate with all departments during due diligence through implementation
  • Responsible for creation of internal committee, board and leadership memos by working with departments to complete the various sections of the document and compile them into the master diligence memorandum
  • Review, revise and approve the submission of prospective BP documents, procedures and policies
    • Bachelor's degree and 2-4 years of due diligence or BP management experience
    • Experience in financial services, consumer and/or commercial finance and project management
    • Hardworking attitude, a sense of urgency, and the accountability to succeed
    • Strong verbal and written communication skills with high attention to detail
    • Strong understanding of risk and control frameworks
    • Ability to analyze and interpret financial data, including financial statements and credit models
    • Experience evaluating transactional risk and providing analysis to executive leadership and boards
    • Proven ability to build and maintain strong long-term working relationships
    • Ability to take ownership in a fast-paced, dynamic environment
    • Advanced knowledge in Excel and Word
      Physical Requirements:
      • Prolonged periods sitting at a desk and working on a computer.
      • Must be able to lift up to 15 pounds at times.
      • Ability to travel as needed.
        All qualified applicants to LCA & LCA Bank are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran's status or any other protected characteristic. Equal Opportunity Employer*LCA & LCA Bank participates in E-Verify for all hired employees

Keywords: Lease Corporation of America, Salt Lake City , Due Diligence & Implementation Manager - Bank Partnerships, Executive , Park City, Utah

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