Loan Administration Specialist - GWIM Credit Operations

Bank of America•Charlotte, NC

3d•Onsite

About The Position

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Requirements

Minimum 2 years’ experience with commercial and/or consumer loan documentation review.
Familiarity with GFS and Loan IQ systems.
Strong written and verbal communication skills.
Excellent organizational and multitasking abilities.
Detail-oriented with a high level of accuracy.
Proficient in Microsoft Word and Excel.
Ability to work effectively in a team environment, including with remote teammates.
Attention to Detail
Legal Structures and Legal Forms
Oral Communications
Prioritization
Recording/Organizing Information
Written Communications
Data Collection and Entry

Responsibilities

Prepare/review documentation in accordance with bank policies and procedures.
Independently perform research and discuss loans with line partners with confidence and knowledge.
Independently work with a range in complexity of documentation.
Interface with company vendors, legal counsel and line partners to ensure world-class documentation accuracy.
Maintain primary responsibility for accuracy of documentation, timely delivery of documents and elimination of controllable re-works.
In all measurable categories maintain an acceptable level of errors.
Assist Market Leader in the facilitation of team meetings, training and quality review when necessary.
Review loan documentation in compliance with bank policies and procedures.
Independently research and discuss loan details with line partners, demonstrating confidence and subject matter expertise.
Loan bookings of varying complexity and ensure world-class accuracy.
Maintain responsibility for input loan bookings into SOR (System of Record) and minimize controllable rework.
Collaborate with Client Managers, Credit and Portfolio Officers, agency management, legal counsel, and internal support units to ensure seamless transaction execution.