Document Administrator III – Syndicated & Corporate Lending
Company | Bank of America |
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Location | Charlotte, NC, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Mid Level |
Requirements
- 2+ years of experience with commercial lending
- Familiarity with commercial credit or commercial loan terminology
- Experience with reading, interpreting, and analyzing complex legal documentation such as credit agreements, and amendments
- Highly organized, proactive, and able to plan, prioritize and manage deliverables
- Strong written and verbal communication skills; able to target messaging to different audiences
- Effective problem-solving skills
- Proficient computer skills, including Windows, Excel, Word, and Outlook
- Can work independently while balancing early escalation to ensure seamless closing
- Adapts well to a quickly evolving environment
Responsibilities
- Ensures that loan documentation and lien perfection meets bank policies and procedures and that work products are delivered in an accurately and timely manner
- Leads documentation, due diligence and collateral perfection, and monitoring of 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
- Designs a robust filing and organizational process to assist in completing primary financial booking and initial loan funding
- Works closely with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactions
Preferred Qualifications
- Syndicated loan experience
- Finance, accounting, or mathematical background
- Experience with LoanIQ
- Bachelor’s degree or equivalent loan administration experience