Senior Contract Administrator - Equipment Finance
Commerce Bank

St. Louis, Missouri

Posted in Banking

Job Info

About Working at Commerce

Wouldn't it be great to build your career at a bank that's known for helping people with their financial challenges? That's exactly what you'd be doing when you join the team at Commerce Bank. We're looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You'd be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.

No wonder we've been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you'd like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We're always looking for the best and brightest.

About This Job

As a Senior Contract Administrator, you'll be responsible for documenting commercial leases and loans originated by Commerce Bank. These leases and loans range from $200,000 to $5,000,000 with varied equipment types for tax based commercial entities and tax-exempt entities such as municipalities, schools and other tax-exempt entities. You'll be making sure all approvals and conditions are met, review lease and loan document requests, and track any outstanding items. If you are a detail-oriented person with the ability to manage multiple priorities, this might be the job for you.

Essential Functions

  • Create lease and equipment loan documents
  • Track receipt and contact customers for any outstanding items, including invoices
  • Prepare UCC financing statements and motor vehicle lien registrations
  • Verify insurance coverage on financed assets
  • Set up escrow funds and disbursement of funds
  • Prepare lease amendment documentation
  • Perform other duties as assigned

Knowledge, Skills & Abilities Required
  • Strong knowledge of general legal principles related to contract work and perfection
    of lien issues through the Uniform Commercial Code and motor vehicle titling
  • Ability to quickly learn and properly apply bank policy to various factual
    scenarios and to learn various bank systems used to create loan documents
  • Strong 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 and many diverse job functions
  • 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
  • Intermediate level proficiency with Microsoft Word, Excel and Outlook

Education & Experience
  • Bachelor's Degree, Paralegal, Legal Secretary degree or equivalent combination of education and experience required
  • 5+ years relevant industry experience relating to document creation required
  • Commercial equipment loan, lease environment, or financial institution or law firm experience preferred

Location: 8000 Forsyth, St. Louis, Missouri 63105

Time Type:
Full time

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