Portfolio and Insurance Analyst
Job Category: Operations
Location: Danbury, CT
Job Summary:
We are seeking a highly motivated and organized professional to lead all aspects of the documentation and closing process for domestic and international corporate aircraft loan payoffs and early lease terminations and in-place sales. Additionally, this individual will be responsible for various insurance and other operations-related activities. Below are the expected responsibilities
Loan Payoffs and Early Lease Terminations and In-Place Sales:
- Take a lead role when interfacing with all key parties (i.e. customers, buyers, vendors, legal counsel, banks) and drive all transactions to closure.
- Generate early lease termination and payoff quotes for customers and/or internal functions.
- Prepare necessary documentation for loan payoffs and lease terminations and sales.
- Generate and update transaction checklists to manage closing preparedness including rigorous and frequent reviews of completed documentation and conditions precedent prior to closing.
- Process transactions in GJC’s portfolio operating system and complete post-close operational activities.
Insurance and Other Operation-Related Activities:
- Perform detailed reviews of customer corporate aviation insurance certificates to ensure compliance with lease and loan documentation, company policies and credit facility requirements.
- Work closely with U.S. and international aviation insurance brokers and/or insurance companies to correct deficiencies.
- Track expiration dates for customers’ insurance certificates and request renewals from the insurance parties and/or customers.
- Research insurance claims and coordinate the Company’s approval process for requests submitted by customers and insurance representatives.
- Insurance subject matter expert for other functions within the Company And the primary interface with the Company’s insurance carrier for guidance and to be informed of changes in the industry.
- File UCC continuations prior to their expiration dates and file UCC terminations following the closure of lease terminations and loan payoffs.
- Backup support to apply cash to customers’ accounts and various other operations-related activities.
- Audits of UCC filings and insurance certificates.
- Ad hoc tasks and projects.
Desired Qualifications:
- BS/BA degree or equivalent with at least three (3) years’ experience in the leasing/financial services industry and a general knowledge of accounting.
- Working knowledge of lease and loan products and related documentation and experience with managing transactional closings.
- Must be able to work under strict time frames to meet internal and external customer expectations.
- Demonstrated customer service orientation.
- Proficient in Microsoft Office, including Word, Excel and PowerPoint.
- Must be willing to work out of an office in Danbury, CT
- Unrestricted work authorization for the United States.
Desired Qualifications:
- Aviation insurance background is highly desired.
- Intermediate Excel skills highly desired (i.e. data analysis, formulas, VLOOKUPs, pivot tables, charts).
- Self-motivator who can manage the various aspects of multiple closings and to progress transactions to closure within their desired time frames without close oversight.
- Skills and knowledge to take on “out of the box” and unexpected tasks and challenges with composure and resourcefulness.
- Extremely detailed-oriented and able to effectively organize, prioritize and multi-task.
- Strong oral and written communications skills.
- Strong work ethic with high energy level, positive attitude and can effectively work as a team player.
- Able to suggest improvements to process gaps that will lead to efficiencies or eliminate potential risks to protect the portfolio.
- Ability to quickly adapt and embrace new processes, ideas, and technology.