Overview
This role is responsible for documenting commercial leases and loans originated by the organization. Leases and loans range from $200,000 to $5,000,000 and may include varied equipment types for tax-based commercial entities and tax-exempt entities such as municipalities, schools, and other entities.
Responsibilities
- Serve as a subject matter expert in specialty areas, acting as a key internal resource and point of contact for clients
- Manage client communications and expectations, proactively addressing questions to ensure a seamless, client-focused experience
- Verify approvals and conditions, reviewing lease and loan document requests and tracking outstanding items
- Assist with document negotiations with outside counsel and review materials for accuracy
- Review documentation requirements with clients to meet both bank and client needs
- Create lease and equipment loan documents through internal systems, ensuring accuracy with approvals and internal requirements
- Prepare UCC financing statements to secure a lien on collateral
- Verify insurance coverage on financed assets
- Set up escrow accounts and coordinate requests for disbursement of funds
- Prepare lease amendment documentation
- Produce, review, and explain ad-hoc reports to Senior Management based on request requirements
- Identify process efficiencies; write departmental policies and procedures
- Perform other duties as assigned
Requirements
- Strong knowledge of general legal principles related to contract work and lien issues, including the Uniform Commercial Code (UCC) and motor vehicle titling laws
- Ability to quickly learn and apply bank policy to varying factual scenarios
- Ability to learn and use bank systems used to create loan documents
- Strong analytical skills and ability to apply logic
- Ability to work independently and manage time effectively
- Ability to drive accuracy, mitigate risk, and improve turnaround times
- Ability to support the team in management’s absence, providing continuity in day-to-day operations and assisting with oversight responsibilities as needed
- Motivated, organized self-starter with strong attention to detail and the ability to manage multiple priorities
- Inquisitive, agile team player with excellent written, verbal, and interpersonal communication skills
- Ability to remain adaptable and resilient, with an optimistic outlook
- Intermediate proficiency with Microsoft Word, Excel, Teams, and Outlook
- Bachelor’s degree or equivalent combination of education and experience required
- 5+ years of relevant industry experience related to document creation in a commercial equipment loan or lease environment for a financial institution
- Must be eligible to work in the U.S. without sponsorship now or in the future
Preferred Qualifications
- Experience supporting document negotiations and reviews with outside counsel
- Experience producing and explaining ad-hoc reporting for Senior Management
Compensation & Benefits
- Annual Salary: $93,000.00 - $109,000.00 (based on relevant experience, skills, and competencies)
- Eligible for additional compensation through performance-based incentive plan(s) tied to performance goals
- Benefits may include employer-sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time
- Career development and education assistance, plus voluntary supplemental benefits
Location & Schedule
- Location: 8000 Forsyth Blvd, Clayton, Missouri 63105
- Schedule: Hybrid — 3 days onsite if located in St. Louis, or remote option available if location is outside of St. Louis
- Time Type: Full time