Regents Capital Corporation

Contract Manager- Vendor Channel

Costa Mesa

FULL TIME

November 4, 2024

Contract Manager- Vendor Channel
Full-time position: Monday to Friday, 7AM-4PM
Quarterly Bonus Eligibility
$29.00 - $43.00 / Hour ($60,000 - $90,000 Annualized)
Onsite/Hybrid after 90 days- Costa Mesa, CA
JOB DESCRIPTION
The Contract Manager is responsible for maintaining the day-to-day funding activities including lease and loan documentation, reviewing incoming documentation for accuracy, funding lease and loan transactions within metric timeframes and communicating with sales representatives, customers, and vendors.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Review documentation for accuracy for all leases/loans for the VENDOR CHANNEL to insure it is properly executed in time of funding.
  • Contact insurance agents to obtain certificates of liability and property coverage that meet the minimum requirements for financing each transaction.
  • Manually file UCC1, UCC3 and Fixture Filings.
  • Run UCC Searches and review for any blanket lien filings.
  • Provide stipulations list of needed items required for funding.
  • Work with Sales, Credit, Accounting, and Portfolio Management to ensure adherence to credit approvals, policies, and established guidelines.
  • Verifying with customers by phone the status of funding and payment processing.
  • Collaborate with external debt sources to ensure everything provided has met requirements.
  • Validate A/R payment information over the phone with vendors prior to releasing payment to prevent financing a fraudulent account.
  • Prepare and send funding packages out to external debt sources to ensure they receive all original documentation within 24 hours.
  • Manage day to day activities within the task queue, emails and in person questions with team members, sales reps and upper management.
  • Prepare and sign off on funding packages with appropriate authorization.
  • Consistently maintain and research new processes to improve efficiency.
ADDITIONAL RESPONSIBILITIES:
  • Knowledge of title transactions such as reviewing Title Applications, Title Guaranty’s, Copies of Front and Back of Titles as well as Power of Attorney’s for accuracy per external debt sources guidelines.
  • Knowledge of vendor documentation such as invoicing and prefund agreements to ensure it meets the requirements to release payment prior to the customer having the equipment.
  • Demonstrates high degree of professionalism in communication, attitude and teamwork with customers, peers and management.
  • Demonstrates high level of quality work, attendance and appearance.
  • Adheres to all Company Core Values, Policies & Procedures and Safety Regulations.
  • Adheres to local, state and federal laws.
  • Performs any other duties that may be assigned by management.
  • Understands and complies with all company rules and regulations.
MINIMUM QUALIFICATIONS:
  • At least 2 years of funding experience are required
  • Bachelor’s Degree is preferred
  • A background in equipment leasing and finance is highly desirable
WHAT WE OFFER:
  • Comprehensive training, mentoring, and coaching
  • A clear success path within the company
  • A modern work environment with state-of-the-art tools
  • Health insurance (medical, vision, dental)
  • Paid time off, sick time, and holidays
COMPANY STORY
Regents Capital is one of the top 30 rapidly growing independent commercial equipment finance firms in the United States. Regents has been consistently recognized as one of the Top Places to Work in Orange County and is among the leading providers of equipment leasing and financing solutions to middle-market borrowers across an array of industries. With over 110 years of collective finance expertise, strong industry leaders, and an amazing culture – our partnerships have resulted in 35% year-over-year funded volume growth, serving to demonstrate our agility and dedication to fueling business growth.
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