Loan Administrator II

Job Description

• 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance
• supporting our teammates’ physical, emotional
• financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education
• a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement
• career development. Our approach includes clear in-office expectations
• providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow
• make an impact. Join us! Job Description: Primarily responsible for perfecting bank's Financial Booking. Responsible for accurate set-up and maintenance of billing schedules, pricing options
• all other client record and indicative data. This role will be responsible for data accuracy and timely completion of the booking and funding process. Responsible for the Financial Booking of commercial 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. 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
• 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. Required Skills
• Must have credit agreement or legal documentation knowledge
• Must have previous banking experience
• 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-
• One to Two years previous Financial Booking knowledge
• Commercial Loan Knowledge
• Loan IQ experience (preferred)
• Microsoft excel skills a plus Shift: 1st shift (United States of America) Hours Per Week: 40