Loan Administration Specialist - Global Operations

Posted:
8/22/2024, 4:41:17 AM

Location(s):
Missouri, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Legal & Compliance

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!

Job Description:

Primary responsibility is to book the loan onto the banks system of record and perfect bank's collateral. Responsible for maintaining control of bank collateral through set-up, exception tracking and standardization of collateral files. Assures initial lien perfection. Responsible for accurate input of all indicative data changes. This role is responsible for data accuracy and timely completion of the booking and collateral process. Independently perform research and discuss loans with line partners with confidence and knowledge. Interfaces with company vendors, legal counsel and line partners to ensure world-class service. In all measurable categories maintains an acceptable level of errors. Assists Market Leader in the facilitation of team meetings, training and quality review when necessary.

Required Qualifications:

  • Consumer and/or commercial loan experience
  • 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 (Word, Excel, PowerPoint)
  • Work well under time constraints 

Desired Qualifications:

  • GWIM Credit Policy and Procedure knowledge
  • Knowledge of GFS, LoanIQ, EDR, Tradeline and QAPR database

Skills:

  • Attention to Detail
  • Legal Structures and Legal Forms
  • Data Collection and Entry
  • Oral Communications
  • Prioritization
  • Recording/Organizing Information
  • Written Communications
  • Business Acumen
  • Critical Thinking
  • Customer and Client Focus
  • Quality Assurance
  • Risk Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent work experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Bank of America

Website: https://bankofamerica.com/

Headquarter Location: Charlotte, North Carolina, United States

Employee Count: 10001+

Year Founded: 2007

Last Funding Type: Seed

Industries: Asset Management ⋅ Banking ⋅ Finance ⋅ Financial Services ⋅ FinTech