Loan Documentation Specialist - Global Operations

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.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Enterprise Role Overview:

Primary responsibility is to prepare/review documentation in accordance with bank policies and procedures. Independently perform research and discuss loans with line partners with confidence and knowledge. Independently works with a range in complexity of documentation. Interfaces 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 maintains an acceptable level of errors.

LOB Specific Job Description:

As a Loan Documentation Specialist (LDS) your responsibilities include:
•Independently prepare standard to highly complex loan documents for Private Bank clients in accordance with Bank of America's policies and procedures.
•Interact with underwriting, in-house legal counsel and sales to ensure world class documentation accuracy.
•Review outside counsel prepared documentation to ensure accuracy and compliance with credit approval.

Required skills:
- Prior consumer and commercial loan documentation knowledge
- Excellent written and verbal communication skills
- Strong organizational and multi-tasking skills 
- Ability to work in a team environment.
- Detail-oriented
- Proficient with MS Office
- Work well under time constraints  
 

Desired skills:
- Prior Bank of America Private Bank or Commercial loan documentation experience
- Loan documentation using HotDocs platform
- Experience using GFS (Global Fulfillment Solution) and LoanIQ

Shift:

Hours Per Week: