Document Administrator III

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. Were 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!

GCO-Global Credit Operations is Syndicated and Corporate Lending Document Administrators that lead the pre-closing and closing process for Corporate and Commercial lending units including Syndicated Participation-Bought and Direct Credit Facilities. Acting as the loan closer the Document Administrator is responsible independently reviewing the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements. Additionally the loan closer manages the incoming and outgoing payments required from the Borrower and Lenders and books the new commitment amendment or restructure updates in the Loan IQ system of record. This role works closely with Client Manager Credit and Portfolio Officers Agency Management Internal and External Legal Counsel and many internal operational support units to ensure seamless execution of transaction. Document Administrators demonstrate time schedule flexibility to accommodate deal closing requirements.

Requirements:
Demonstrated experience with analyzing complex legal documentation including familiarity with commercial loan terminology
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

Desired Skills
Experience with commercial lending including Syndicated Loan environment
Finance accounting or mathematical background
Experience with LoanIQ
Strives to bring new thoughts and ideas to teams to drive innovation and unique solutions
Commitment to challenging the status quo and promoting positive change
Participate in and drive collaborative efforts to advance tools technology and ways of working to better serve an evolving client base
Believes in value of diversity so we can reflect connect and meet the diverse needs of our clients and employees around the world

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

Shift:

Hours Per Week: