Document Administrator II - Specialty Lending 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!

Line of Business Job Description:

Primarily responsible for financial booking Client's facilities on the system of record (Genesis) as well as perfecting bank's collateral for Dealer Financial Services - Auto and Specialty Loans.  Responsible for maintaining control of bank collateral through accurate booking on the system of record, set-up and standardization of collateral file information on virtual vault, set-up and review of ticklers and exception tracking data.  Responsible for accurate set-up and maintenance of all other client record and indicative data.  Process paid out loan requests.

Job Description:

This job is responsible for preparing and reviewing documentation in accordance with bank policies and procedures to facilitate closings with the client. Key responsibilities include working on routine to more complex documentation as assigned by the Market Leader or designee and interfacing working with company vendors, legal counsel, line partners, and clients to ensure world-class documentation accuracy. Job expectations include maintaining accuracy of documentation and system of record financial data, delivering documents in a timely manner, and eliminating controllable rework.

Responsibilities:

• Ensures that loan documentation and lien perfection meet bank policies and procedures and that work products are delivered in an accurately and timely manner
• Reviews documentation, performs due diligence and collateral perfection, and monitors 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
• Responsible for financial booking Client's facilities on the system of record (Genesis) as well as perfecting bank's collateral for Dealer Financial Services - Auto and Specialty Loans.
• Responsible for maintaining control of bank collateral through accurate booking on the system of record, set-up and standardization of collateral file information on virtual vault, set-up and review of ticklers and exception tracking data.
• Responsible for accurate set-up and maintenance of all other client record and indicative data.
• Process paid out loan requests.

Required Qualifications:

• 2+ years related loan operations experience.
• Experience using strong financial acumen and knowledge of loan documentation and review concepts in prior employment specifically Commercial Lending Operations.
• Excellent communication skills both written and oral.​
• Ability to professionally handle multiple tasks while balancing the need for both quality and efficiency in a fast-paced metric-centric environment.
• Experience suggesting approaches to meet Client needs rather than relying strictly on procedures.
• Ability to navigate and toggle through various computer systems.
• Experience with Microsoft Word and Excel.

Desired Qualifications:

• Commercial Credit Fulfillment, servicing, operations or lending experience.
• Knowledge of floor plan lending or Automotive/RV/Marine industry.
• Working knowledge of systems: Genesis, LiQ, EDR, GFS, Credit Center.

Skills:

• Attention to Detail
• Customer and Client Focus
• Data Collection and Entry
• Due Diligence
• Prioritization
• Adaptability
• Business Acumen
• Oral Communications
• Written Communications
• Research

Shift:

Hours Per Week: