Document Administrator I
Bank of America
Loan Administrator II
Bank of America
full-time
Posted on:
Location Type: Office
Location: Plano • Texas • 🇺🇸 United States
Visit company websiteJob Level
JuniorMid-Level
About the role
- Responsible for managing collateralized debt obligations and issue tracker reports to perfect the bank's collateral.
- Maintain control of the bank's collateral through accurate booking on the system of record.
- Setting up and standardizing collateral files.
- Preparing and reviewing tickler and exception tracking data.
- Supporting multiple lines of business with timely and accurate release of commercial loan collateral including real estate, UCCs, vehicle liens and life insurance.
- Conducting in-depth due diligence of Bank collateral using system of record (SOR) and through review of legal loan documentation.
- Accurate document preparation of lien releases, validation of proper credit approvals, communication with internal and external clients.
- Updating SOR and ensuring collateral release completion through jurisdictional entities.
Requirements
- Knowledge of commercial loan documentation and loan accounting systems
- Experience preparing real estate, UCC, or other collateral documents
- Excellent verbal and written communication skills
- Ability to communicate professionally with internal and external clients
- Well-organized and efficient; adept at multitasking in a fast paced environment
- Proficiency with Microsoft Office, with focus on Word and Excel
Benefits
- Excellent health benefits
- Competitive salary
- Paid time off (PTO)
- Support for physical, emotional, and financial wellness
- Professional development opportunities
- Flexible work arrangements
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
collateralized debt obligationscommercial loan documentationloan accounting systemsreal estate documentationUCC documentationdocument preparationdue diligencecredit approvalsexception trackingcollateral release
Soft skills
verbal communicationwritten communicationprofessional communicationorganizationefficiencymultitasking