Senior Equipment Finance Manager

Senior Equipment Finance Manager

Job Location s: US-PA-Lancaster | US-NJ-Somerville | US-MD-Hunt Valley | US-DE-Greenville | US-VA-Richmond

Requisition :  | Location Name:
Corporate Headquarters | County:
Lancaster | Category:
Commercial Banking | Position Type:
Full-Time | FLSA Status:
Exempt

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full-time,
hybrid career opportunity based anywhere within the Fulton Bank footprint as follows: PA, NJ, MD, DE, VA, DC.
Required travel to Lancaster, PA for team/other scheduled meetings.

This position plays a pivotal role in assisting the Director of Equipment Finance with guiding the strategic and operational direction of the Equipment Finance (EF) business unit related primarily to generating maximum origination volume and fee income for the EF business unit. This position supports business expansion through collaborative leadership, strategic planning, and effective change management. It also involves engaging key stakeholders, shaping policy, and overseeing portfolio performance.

The role ensures sound credit decisions and robust risk management practices, while working cross-functionally to originate, structure, and offer input related to the approval of EF transactions.

This position will have a primary focus on driving the overall origination and fee income strategies of the EF business unit through strong EF industry knowledge, and understanding of all EF products, structures, collateral, and proven EF originations within our geographic market, as essential to the ongoing growth and success of the EF business unit.

• Responsible for the overall origination performance of the EF business unit through leading the sales effort of our Equipment Finance team for total origination and fee income.
• Contribute to the strategic direction of the EF business unit, focusing on long-term growth and profitability.
• Use a strong understanding of the origination of syndicated EF transactions and personal engagement experience within EF syndications to contribute to the overall success of the department's origination and fee income goals.
• Lead and support EF staff, fostering a culture of collaboration, innovation, and customer-centric service.
• Assist with overseeing operational functions including accounting, credit, and compliance to ensure alignment with internal policies and regulatory standards.
• Ensure efficient departmental operations and compliance with corporate and regulatory guidelines.
• Assist in the development, formation, and negotiation of EF documentation based on EF Industry market standard knowledge, and help establish policies related to pricing, terms, and transaction structures to align with market based and asset based knowledge.
• Collaborate with Leadership to shape and execute strategies that drive new business opportunities in Equipment Finance.
• Engage directly with major prospects and existing clients, supporting relationship development and deal structuring.
• Responsible for credit quality across the EF portfolio, including transaction approvals and risk assessments, and collaborate with the Credit Department on underwriting and structuring.

Education

• Bachelor's Degree or equivalent experience. Specialty:
  Business, finance or related. (Required)
• Master's Degree or equivalent experience. Specialty:
  Business. (Preferred)

Experience

• 10 or more years significant experience in Equipment Finance originations including in depth knowledge of all EF loan and lease structures, progressive and proven EF leadership experience, including 5+ years in an EF business unit management or executive role. (Required)
• 5 or more years experience managing P&L responsibilities, budgeting, and financial forecasting. (Preferred)

Knowledge, Skills, Abilities

• Proven ability of leading EF sales teams for all levels and structures of EF loans and leases or multi-functional departments that align with EF business units. (Required)
• Skilled in developing and executing strategic plans aligned with corporate goals related to EF strategies. (Required)
• Deep understanding and knowledge of the Equipment Finance industry, through experience with external EF entities. (Required)
• Demonstrated ability to navigate industry-specific challenges, based on previous experience within the EF industry. (Required)
• Strong background in operational efficiency, cost control, and performance metrics. (Preferred)
• Skilled in working with executive leadership, board members, and external stakeholders. (Preferred)
• Ability to build partnerships across departments and with…