Loan Administrator II
Bank of America
Loan Administrator II
Bank of America
full-time
Posted on:
Location Type: Office
Location: Plano • Florida, Texas • 🇺🇸 United States
Visit company websiteJob Level
Mid-LevelSenior
About the role
- Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients
- Managing collateralized debt obligations and issue tracker reports
- Maintaining 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 the timely and accurate release of commercial loan collateral
- 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, and communication with internal and external clients
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
- Being a Great Place to Work is core to how we drive Responsible Growth
- Commitment to an inclusive workplace
- Opportunities to learn, grow, and make an impact
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
commercial loan documentationloan accounting systemscollateralized debt obligationsdue diligencedocument preparationlien releasescredit approvals
Soft skills
verbal communicationwritten communicationprofessional communicationorganizationmultitaskingefficiency