SMBC Group

Returning Candidate?

Contract Administrator

Contract Administrator

Job Locations 
US-NY-New York
Career Category 
Finance & Leasing
Position ID 
2017-0646
Corporate Title 
N/A
Posting Date 
10/24/2017
Type 
Full-Time

More information about this job

Overview

Our Finance Leasing division is looking for a Contract Administrator to join their rapidly growing team.

Responsibilities

Administration support required: insurance/UCC renewals/continuations, lien searches and gap searches, timely UCC Filing to obtain PMSI, knowledge of first security interest requirements and ability to properly assess and mitigate risk through Lien Searches; possess ability to review results, identifying any blanket or conflicting filings and follow through to obtain 1st security interest. Vehicle title tracking, deficiency tracking and reporting and follow up. Scanning, filing, maintain/update any required logs, Corporation Search under Secretary of each States, review of corporate organization documents, ensure KYC compliance, customer service support.
 
Documentation - Generate appropriate lease/loan documents for each transaction based on deal requirements. Must meet the deadline for delivery in support of new business. Prepare documentation package based on analysis and review of credit approval, RM doc request form, T-Value pricing, and any supplemental information and program agreements or information in a manner consistent with SMFL credit/ policy/procedure guidelines. Work with manager or legal to document any changes to our standard document templates, prepare amendments obtaining any needed approvals. Assess/analyze/review any document needs specific to complex transactions as needed including knowledge of debt subordination agreements, title guaranty, landlord/mortgagee waivers, amendments, assignment documents
 
Funding: Responsible for executing documents for funding. Preparation of documentation check sheet for final approvals/ signature from management. Provide due diligence documentation reviews of executed document packages; ensuring completeness and accuracy; identifying any issues and deficiencies. Input all required transaction details into the operating system (AAF).

 

Qualifications

Strong Communication Skills with internal and external people. Need to have strong skill to manage both expectations (internally, externally) and provide a timely response. 
Quick learner with strong motivation.
Experienced to mange complex operation procedure.
Capability to deal with workload pressure under time constraint.
Willingness to take responsibilities.
Proficient knowledge of Microsoft Word, Excel, Powerpoint, Access.

 

Candidate should be knowledgeable about all aspects of the leasing business from origination through funding. Experienced to manage complex operation procedures. Understanding of lease v. loan and legal, tax and accounting structure and differences.
Candidate should be familiar with a lease management systems (InfoLease, AAF/Sungard, or similar application systems). 
Understanding of leasing or commercial lending industry. Lease pricing skills (including prior use of InfoAnalysis, SuperTRUMP or similar package) a plus. 
Knowledge of state to state differences in leasing laws and regulations is a plus.