Contract Administrator Commerce Bank

Description

Job Category: Grade 09
Location: 8000 Forsyth, St. Louis, Missouri 63105
Time Type: Full time

As a Contract Administrator, you’ll be responsible for documenting commercial leases and loans originated by Commerce Bank. These leases and loans range from $1,000,000.00 to $10,000,000.00 with varied equipment types for tax based commercial entities and municipalities. Experience with aircraft finance is preferred but not essential. You will also document purchases and sales of these leases and loans with other banks. You’ll making sure all approvals and conditions are met, review lease and loan document requests, and tracking any outstanding items. If you are a detail -oriented person with the ability to manage multiple priorities, this might be the job for you.

 

Responsibilities

• Prepare customer lease files and creating lease and equipment loan documents consistent with bank policy
• Prepare a lien in the collateral through such methods as UCC filings, motor vehicle filings, FAA filings and other appropriate methods
• Track receipt of any outstanding items including invoices
• Follow up for insurance information
• Prepare UCC financing statements and motor vehicle lien registration for customers and for assignees and work with outside counsel on FAA filings.
• Verify insurance coverage on financed assets
• Monitor UCC report, filing termination or amendment statements as necessary
• Prepare lease amendment documentation
• Perform other duties as assigned

Qualifications / Requirements

• Good interpersonal skills and ability to work with others
• Basic knowledge of general principles of accounting
• Ability to type at least 40 words per minute
• Ability to work well in a fast-paced environment
• Knowledge of general legal principles related to contract work and perfection of lien issues through the Uniform Commercial Code and motor vehicle titling laws
• Ability to quickly learn and properly apply bank policy to various factual scenarios and to learn various bank systems used to create loan documents
• Good analytical and logical skills
• Ability to work independently with little supervision
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Intermediate level proficiency with Microsoft Word, Excel and Outlook

Work Environment

• Monday - Friday 8:00am-5:00pm; potential to work from home after on-site training is completed. Will consider remote workers who are experienced.

Education & Experience

• Bachelor's Degree or paralegal or legal secretary degree preferred
• 3 years of relevant industry experience relating to document creation preferred (ideally in commercial equipment loan or lease environment for a financial institution or law firm)