Senior Contract Administrator - Equipment Finance

Commerce Bank Job OpportunityBuilding a career at Commerce Bank is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. Our culture is about our people, the ones in our communities and the ones that work with us.Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you.

You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are.

If this sounds interesting to you, keep reading and let's talk.Compensation RangeAnnual Salary: $93,000.00 - $109,000.00 (Amount based on relevant experience, skills, and competencies.)About This JobThe main purpose of this job is to document 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 entities.Essential FunctionsAct as subject matter expert in specialty areas, serving as a key resource for internal partners and a trusted point of contact for clientsManager client communications and expectations while proactively addressing questions to ensure a seamless, client-focused experienceVerify approvals and conditions, along with reviewing lease and loan document requests and tracking any outstanding itemsAssist with document negotiations with outside counsel and review to ensure accuracyReview documentation requirements with clients to accomplish both the bank and client needsCreate lease and equipment loan documents through internal systems, ensuring accuracy with approvals, internal requirements, etc.Prepare UCC financing statements to secure lien on collateralVerify insurance coverage on financed assetsSet up escrow accounts and requests disbursement of fundsPrepare lease amendment documentationComprehend requests in order to produce, review, and explain ad-hoc reports to Senior ManagementIdentify efficiencies within the department; write policy and procedures for the departmentPerform other duties as assignedKnowledge, Skills & Abilities RequiredStrong knowledge of general legal principles related to contract work and lien issues through the Uniform Commercial Code (UCC) and motor vehicle titling lawsAbility to quickly learn and properly apply bank policy to various factual scenarios and to learn various bank systems used to create loan documentsStrong analytical skills and ability to apply logicAbility to work independently and manage time properlyAbility to drive accuracy, mitigate risk, and improve turn around timesAbility to support team in management's absence, providing continuity in day-to-day operations and assist with oversight responsibilities as neededMotivated and organized self-starter with strong attention to detail and the ability to manage multiple prioritiesInquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skillsAbility 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 ValuesIntermediate level proficiency with Microsoft Word, Excel, Teams, and OutlookEducation & ExperienceBachelor's degree or equivalent combination of education and experience required5+ years relevant industry experience relating to document creation required in commercial equipment loan or lease environment for a financial institution requiredMust be eligible to work in the U.S. without sponsorship now or in the future.Hybrid Schedule: 3 days onsite if located in St.

Louis, or remote option available if location is outside of St. Louis.The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.