Commercial Documentation Specialist

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 ...