Loan Administrator II

Bank of America•Phoenix, AZ

8h•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 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. 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!

Requirements

Must have credit agreement or legal documentation knowledge
Must have previous banking experience
Ability to work independently with little management supervision
Exceptional communication skills (both verbal and written)
Ability to communicate with attorneys and internal business partners
Must be detail oriented and be able to read and understand loan documents.

Nice To Haves

One to Two years previous Financial Booking knowledge
Commercial Loan Knowledge
Loan IQ experience (preferred)
Microsoft excel skills a plus

Responsibilities

Primarily responsible for perfecting bank's Financial Booking.
Responsible for accurate set-up and maintenance of billing schedules, pricing options, and all other client record and indicative data.
Responsible for data accuracy and timely completion of the booking and funding process.
Responsible for the Financial Booking of commercial Bilateral deals.
Role will also require funding to client once deal has been booked.
Responsible for ensuring accurate and timely processing of complex loan administration transactions in accordance with established policies, processes and procedures.
Interacts with Document Administrators to ensure efficient, high quality loan processing.
Duties include booking loans, payment administration, loan system reconciliation, and quality review.
Must build and maintain a strong relationship with Business Partners.