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:

Coordinates the preparation/closing of Business Banking & Middle Market loan packages in compliance with policies/procedures, and regulatory guidelines by reviewing necessary documents and information within designated time frames. Communicates with internal co-workers (underwriting, sales, etc.) to respond to inquiries, resolve problems and obtain additional documents needed to close the loan. Works within a fulfillment team of Document Administrators that support Business Banking & Middle Market Sales Relationship Managers with closing their loans on time.

Document Administrator II

 

Enterprise Role Overview:

Primary responsibility is to prepare/review documentation in accordance with Bank policies and procedures, to facilitate closings with the client and to ensure lien perfection. Works on routine to more complex documentation as assigned by Market Leader or designee. Interfaces with company vendors, legal counsel, line partners and clients to ensure world-class documentation accuracy. Maintains primary responsibility for accuracy of documentation and SOR financial data, timely delivery of documents, and elimination of controllable re-work.

Job Description:

The Doc Admin II for the Fulfillment Team will handle functions relating to closing standard commercial credit loans. Key responsibilities include documenting new facilities, amending existing deals, and managing the closing process/due diligence requirements of commercial credit once engaged to Fulfillment. Must be proficient in word, and attention to detail is crucial. Effective communication with business partners, clients, and peers is essential in order to foster a cohesive environment. Must have some knowledge of commercial credit/lending.

Required skills:

• College Degree or equivalent experience with commercial credit.

• Demonstrated history of using strong financial acumen and knowledge of loan documentation concepts in prior employment specifically Small Business and Commercial.

• Demonstrated history of employing excellent communication skills both written and oral in a previous job.

• Demonstrated ability professionally to handle multiple tasks while balancing the need for both quality and efficiency in a fast paced metric-centric environment is a necessity

• Professional history of being able to suggest approaches to meet Client needs rather than relying strictly on procedures.

• Must be able to navigate and toggle through various computer systems

• Must have used Microsoft Word and Excel in prior employment

Desired skills:

Previous loan documentation experience and understanding of financial covenant principals is desired

Working knowledge of CreditCenter/LoanIQ and/or Hot Docs is beneficial

Real Estate experience or knowledge is beneficial

Paralegal experience is helpful

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

Shift:

1st shift (United States of America)

Hours Per Week: 

40