Position Title
Portfolio Management Specialist - Equipment Finance
Location
Hicksville, NY 11801
Job Summary
The Portfolio Management Specialist - Equipment Finance is responsible for administration of specific portfolio activities including titling of motor vehicles, tracking of off-lease vehicles, general reporting and other Asset & Portfolio Management duties.
Job Responsibilities:
JOB RESPONSIBILITIES
Generates a monthly 90 day missing title report for distribution and follows-up with Lessors, ESOs and other Clients.
Indexes and identifies motor vehicle titles with account numbers upon receipt. Enters titles into the system and files in the appropriate location.
Provides title releases within 48 hours of receipt of payoff or as directed.
Follows up with Lessors and FF&L ESOs for missing and/or unperfected titles both vial email and phone.
Provides copies of titles and ELT receipts upon request.
Maintains title status comments in the system.
Monitors the Indirect Vehicle portfolio for accounts to be placed in Off-Lease and works with the Lessors to rectify.
Provides portfolio reporting to SFAM Management as necessary.
Provides support to the Asset/Portfolio Management teams as needed and cross-trains where and when applicable.
ADDITIONAL ACCOUNTABILITIES
Performs special projects, and additional duties and responsibilities as required.
Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent.
Minimum experience required: 2+ Years of prior banking/finance experience in the financial services and/or insurance industries.
Job Competencies:
Basic knowledge of title processing and customer service.
Strong verbal and written communications skills.
Good analytical and problem-solving skills.
Proficient in MS Office.
Ability to learn and navigate several systems and databases required to perform daily tasks.
Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
Physical demands (ADA): No unusual physical exertion is involved.
Flagstar is an Equal Opportunity Employer
We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank
Pay Range
$18.28 - $29.12Skills Required
- High School diploma or equivalent (GED, HiSET, TASC)
- 2+ years prior banking/finance experience in financial services or insurance
- Basic knowledge of title processing and customer service
- Strong verbal and written communication skills
- Good analytical and problem-solving skills
- Proficient in MS Office
- Ability to learn and navigate multiple systems and databases
- Ability to build and maintain effective relationships with stakeholders
Flagstar Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Flagstar Bank and has not been reviewed or approved by Flagstar Bank.
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Leave & Time Off Breadth — Time‑off programs include accrued PTO that scales with tenure, separate sick time, company holidays plus a floating day, and a paid community involvement day. Paid parental bonding leave of six weeks is available after a year of service.
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Healthcare Strength — Coverage includes multiple medical plan choices (Cigna OAP options and Kaiser for CA/HI) with preventive medications at no cost and integrated pharmacy benefits. Dental through Delta Dental and two VSP vision plans provide additional coverage choice.
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Retirement Support — A 401(k) plan with a company match supports long‑term savings. Employer‑paid life/AD&D and disability coverage complement retirement planning.
Flagstar Bank Insights
What We Do
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
