Rockland Trust is currently seeking a Commercial Documentation Specialist to assist with the day-to-day functions of the Commercial Credit Operations department. Commercial Credit Operations functions include:
- Facilitating commercial loan closings by coordinating commercial lending staff, compliance department, real estate appraisal and environmental departments, outside counsel and loan operations.
- Ensuring that all commercial loans are properly approved, documented, closed and funded in accordance with applicable credit approvals, commercial lending policy, federal compliance regulations and sound legal standards and practices.
- Providing guidance to Commercial Loan Specialists, Lenders, Portfolio Managers, and Loan Operations personnel on appropriate and customary documentation for a variety of commercial loan transactions.
- Preparing internally prepared commercial loan documentation.
Commercial Documentation Specialists Responsibilities Include:
- Review and analysis of various documentation for complex commercial transactions to independently ensure compliance with loan approvals, commercial lending policy, Bank documentation standards and sound legal standards and practices, including:
- Credit approval documentation, including Senior Loan Approval Committee approvals,
- Commercial loan documentation (pre-funding),
- Due diligence items, including insurance binders, appraisals, credit analysis and pre-closing requirements,
- Compliance matters, including flood zone determination,
- Complete closing packages (post-closing) which includes all legal documentation, title insurance policies, opinion letters, organizational documents, consents, etc.
- Consult daily with Loan Operations personnel to provide approved funding information for loan funding and proper booking.
- Consult daily with Lending teams (Lenders, Portfolio Managers and CLS associates) regarding general documentation inquiries, loan funding and documentation deficiencies.
- QC of internally prepared loan documentation.
- Drafting of internally prepared modifications.
- Mentor less experienced co-workers.
Required Skills & Experience:
- College Degree with 5+ years preparing commercial loan documentation in a financial institution or law firm - or - Law Degree with experience preparing commercial loan documentation - or- Minimum 8+ years preparing commercial loan documentation in a financial institution or law firm highly preferred
- Demonstrated legal drafting skills.
- Strong understanding of commercial loan transactions, including real estate loans, construction loans, asset-based loans, participations and syndications, franchise loans and affordable housing loans.
- Working knowledge of commercial legal documentation, entity organizational documents, collateral perfection techniques and guidelines.
- Self-motivated with ability to work independently and in a group to meet both individual and team deadlines.
- Ability to multi-task and use independent judgment to prioritize urgent loan requests,
- Strong time management skills.
- Meticulous and highly organized, with strong organizational and reasoning skills,
- Effective communication skills (oral and written).
- Proficient in Microsoft Word, Excel and Outlook.
- Updates job knowledge by participating in educational opportunities.
- May be required to lift and/or move up to 20 pounds.
- Ability to establish and maintain effective working relationships.
Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more! At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
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