Loan Administrator - 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:

Primarily responsible for the financial booking component of commercial loans. Responsible for accurate booking on the system of record (SOR)  Responsible for accurate set-up and maintenance of billing schedules, pricing options, risk rating changes and all other client record and indicative data. This role will be responsible for data accuracy and timely completion of the booking process

LOB Specific Job Description:

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 be detail oriented and be able to read and understand loan documents. Must build and maintain a strong relationship with Business Partners. Works with limited supervision. Responsible for the Financial Booking of Bilateral deals. Role will also require funding to client once deal has been booked. Timeliness and Accuracy are key to the success of this role function. 

Required Skills:

• One to Two years previous Financial Booking knowledge
• Legal Documentation Knowledge 
• Ability to work independently with little management supervision
• Exceptional communication skills (both verbal and written)
• Ability to communicate with attorneys and internal business partners

Desired Skills:

• Microsoft Excel skills a plus
• Bachelor’s Degree (preferred)
• Loan IQ experience (preferred)

Shift:

Hours Per Week: