M&T Capital Leasing Corporation Lead Contract & Transaction Analyst

M&T Bank • Bridgeport, CT

108d • $87,822 - $146,371

About The Position

The position translates complex credit approvals and raw information into complete, accurate, and legally enforceable contracts. It provides advice, guidance, and training to less experienced team members and recommends operational efficiencies to management. The role is critical in ensuring accurate and enforceable loan and lease contracts, working directly with borrowers, third-party vendors, and internal/external customers and counsel. The incumbent must navigate multiple computer systems to process transactions while working with uncertainty and constantly changing legal, tax, and accounting rules.

Requirements

• Bachelor’s degree and a minimum of 3 years relevant experience, or in lieu of a degree, a combined minimum of 7 years higher education and/or work experience including a minimum of 3 years relevant experience.
• Strong verbal and written communication skills.
• Strong analytical skills.
• Strong math skills.
• Strong organizational skills.
• Detail-oriented.
• Proficiency with personal computers and pertinent software.
• Specialized knowledge of loan and lease documentation.

Nice To Haves

• Minimum of 5 years relevant experience.
• Ability to convey complex information in a clear and concise manner.
• Ability to evaluate equipment sales contracts and related documents.

Responsibilities

• Prepare legally binding documents for customer’s execution for the most complex transactions with greatest risk to the organization.
• Maintain a sound understanding of the laws and regulations for each type of equipment finance asset and location to ensure MTCLC has a first lien.
• Analyze and make recommendations to deviate from policy for specific situations to close on a transaction with a customer.
• Work with sales, credit, and customers to ensure all legal documents are created properly and executed accordingly.
• Collaborate with Legal on customer documentation negotiations and incorporate their changes in approved documents.
• Contribute to team success by implementing solutions to problems on behalf of the manager and leading team discussions.
• Review and run pricing at closing to comply with credit approval and MTCLC policy.
• Create wires or check requests as applicable to release funds specific to the transaction.
• Approve outgoing wires of others in the department within assigned authority.
• Inform internal and external customers of any problems regarding processing of the transaction.
• Close complex loans and leases, ensuring closing requirements are met.
• Obtain and review liens and lien searches.
• Maintain current knowledge of applicable state laws to process titles.
• Prepare and process interim funding for complex or unusual situations.
• Approve variances for pricing exceptions under certain circumstances.
• Ensure complex transactions are properly booked in the appropriate system and documented adequately.
• Obtain countersigned documents by an authorized signatory and scan them into the system.
• Participate in special assignments and projects.
• Lead, train, and serve as a mentor for less experienced team members.
• Assist manager with daily activities including performance feedback and workflow monitoring.

Benefits

• Medical insurance
• Retirement plans
• Forty hours of paid volunteer time each year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree