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Citizens Asset Finance (CAF) is headquartered in Johnston, RI and provides secured finance transactions for commercial clients. Products include loans, capital leases, synthetic leases, leveraged leases, direct finance leases and operating leases. CAF operates on a national business platform providing coverage to the equipment financing industry throughout North America. The Lead Documentation Coordinator is a critical member of the CAF documentation team, who is responsible for ensuring that leases and loans with complex structures and/or documentation requirements are documented and closed in accordance with credit approval, product guidelines and regulatory requirements, as well as approving outgoing funds to clients and vendors.
Job Responsibility:
Review documentation packages prepared by Documentation Coordinators and outside legal counsel including documentation and collateral (invoice/asset) review, outgoing wire validation and approval and pre-bookings entered into system
Perform appropriate due diligence to ensure all conditions precedent are met prior to closing / funding a transaction
Research and resolve complex operational issues
Must be well versed in UCC requirements to review UCC searches, UCC1, UCC3
Assist in the development, implementation, and training on any new processes, tools or software enhancements
Be able to review documents that CAF purchases and facilitate funding and pre-booking in system of record
Support the Documentation Manager in establishing and maintaining appropriate procedures, training materials, control environment, metrics and reporting
Act as an informal resource for colleagues on the team
Requirements:
5+ years of related experience in financial services
Understanding of lease and loan documentation requirements
Ability to effectively manage multiple priorities through planning and time management
Advance knowledge of post-approval to loan closing process for equipment finance transactions (preferred)
Strong knowledge of lease accounting system (preferred)
Have a collaborative style, be flexible, and have an ability to partner with other team members across global time zones
Self-motivated with an ability to adapt and adjust to changing conditions and priorities
An evidenced and accomplished history of independent problem solving
Established track record of delivery results in a complex environment
Demonstrated motivation to assist with team goals
Prior supervisor experience a plus
Bachelor’s Degree required, Paralegal preferred
Nice to have:
Advance knowledge of post-approval to loan closing process for equipment finance transactions
Strong knowledge of lease accounting system
Prior supervisor experience
What we offer:
Comprehensive medical, dental and vision coverage
Retirement benefits
Maternity/paternity leave
Flexible work arrangements
Education reimbursement
Wellness programs
Paid time off policy exceeds mandatory requirements