Commercial Operations Lead Documentation Specialist
About the position
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. The incumbent will
have the following primary responsibilities:
Responsibilities
• 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
• Requires 5+ years of related experience in financial services
• Understanding of lease and loan documentation requirements
• Self-motivated with an ability to adapt and adjust to changing conditions and
priorities
• Have a collaborative style, be flexible, and have an ability to partner with
other team members across global time zones
• An evidenced and accomplished history of independent problem solving
• Established track record of delivery results in a complex environment
• Ability to effectively manage multiple priorities through planning and time
management
• Demonstrated motivation to assist with team goals
• Bachelor’s Degree required
Nice-to-haves
• Prefer advance knowledge of post-approval to loan closing process for
equipment finance transactions. Prefer strong knowledge of lease accounting
system
• Prior supervisor experience a plus
• Paralegal preferred
Apply tot his job
Apply To this Job
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. The incumbent will
have the following primary responsibilities:
Responsibilities
• 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
• Requires 5+ years of related experience in financial services
• Understanding of lease and loan documentation requirements
• Self-motivated with an ability to adapt and adjust to changing conditions and
priorities
• Have a collaborative style, be flexible, and have an ability to partner with
other team members across global time zones
• An evidenced and accomplished history of independent problem solving
• Established track record of delivery results in a complex environment
• Ability to effectively manage multiple priorities through planning and time
management
• Demonstrated motivation to assist with team goals
• Bachelor’s Degree required
Nice-to-haves
• Prefer advance knowledge of post-approval to loan closing process for
equipment finance transactions. Prefer strong knowledge of lease accounting
system
• Prior supervisor experience a plus
• Paralegal preferred
Apply tot his job
Apply To this Job