Senior Development Manager
American Cancer Society
Document Administrator II, Syndicated Lending
Bank of America
full-time
Posted on:
Origin: • 🇺🇸 United States • Arizona, North Carolina
Visit company websiteJob Level
Junior
About the role
- Prepare and review loan documentation in accordance with the bank's policies and procedures to facilitate closings and ensure lien perfection.
- Work on highly complex documentation and support Loan Administrators with their primary responsibilities.
- Assist the Market Leader in directing workflow and performing quality assurance.
- Work with company vendors, legal counsel, line partners, and clients to ensure documentation accuracy.
- Lead the pre-closing and closing process for Corporate and Commercial lending units, including Syndicated, Participation-Bought and Direct Credit Facilities.
- Independently review the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements.
- Manage incoming and outgoing payments required from the Borrower and Lenders and book new commitments, amendments, or restructures in the Loan IQ system of record.
- Design a robust filing and organizational process to assist in completing primary financial booking and initial loan funding.
- Collaborate closely with Client Managers, Credit and Portfolio Officers, Agency Management, internal and external legal counsel, and internal operational support units.
- Demonstrate time schedule flexibility to accommodate deal closing requirements.
Requirements
- 1 year of experience with commercial lending including Syndicated Loan environment
- Previous commercial booking experience (Agented or Syndicated)
- Familiarity with commercial credit or commercial loan terminology
- Experience with reading, interpreting, and analyzing complex legal documentation such as credit agreements, and amendments
- Highly organized, proactive, and able to plan, prioritize and manage deliverables
- Strong written and verbal communication skills; able to target messaging to different audiences
- Effective problem-solving skills
- Proficient computer skills, including Windows, Excel, Word, and Outlook
- Can work independently while balancing early escalation to ensure seamless closing
- Adapts well to a quickly evolving environment
- Finance, accounting, or mathematical background (desired)
- Experience with LoanIQ, ACBS, or similar booking platform (desired)
- Funding experience payments/advances to commercial loan clients (desired)
- Bachelor’s degree or equivalent loan administration experience (desired)
- Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
