Commercial Operations Lead Documentation Specialist

Citizens Financial Group • Johnston, RI

9d • Hybrid

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: 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

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level