Bank of America
Document Administrator III
United States · Work style not stated · Full time
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About the role
Description from the employer’s posting. Check the employer’s page for the current version.
- EmployerBank of America
- LocationUnited States
- Work styleWork style not stated
- Employment typeFull time
- Employer posted
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Show full description
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for preparing and reviewing documentation in accordance with the bank's policies and procedures to facilitate closings with the client and ensure lien perfection. Key responsibilities include working on highly complex documentation, supporting Loan Administrators with their primary responsibilities, and assisting the Market Leader in directing workflow and performing quality assurance. Job expectations include working with company vendors, legal counsel, line partners, and clients to ensure world class documentation accuracy.
LOB Description: Global Credit Operations (GCO) Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products.
Responsibilities:
Ensures that loan documentation and lien perfection meets bank policies and procedures and that work products are delivered in an accurately and timely manner
Leads documentation, due diligence and collateral perfection, and monitoring of loan documentation for a specific market segment
Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable rework
Reviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements
Designs a robust filing and organizational process to assist in completing primary financial booking and initial loan funding
Works closely with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactions
Required Qualifications:
2+ years of experience with commercial lending
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.
Desired Qualifications:
Syndicated loan experience
Experience with Loan IQ, HotDocs, and Credit Center
Bachelor’s degree or equivalent loan administration experience.
Skills:
Attention to Detail
Business Acumen
Customer and Client Focus
Due Diligence
Prioritization
Adaptability
Data Collection and Entry
Oral Communications
Research
Written Communications
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
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