Loan Administrator II

Bank of America Bank of America · Banking · Phoenix, AZ

This role is primarily responsible for perfecting bank's Financial Booking, including accurate setup and maintenance of billing schedules, pricing options, and client record data. It involves the timely completion of the booking and funding process for commercial Bilateral deals, ensuring accuracy and timeliness in loan administration transactions, payment administration, loan system reconciliation, and quality review. The role requires knowledge of credit agreements or legal documentation and previous banking experience.

What you'd actually do

  1. Primarily responsible for perfecting bank's Financial Booking.
  2. Responsible for accurate set-up and maintenance of billing schedules, pricing options, and all other client record and indicative data.
  3. This role will be responsible for data accuracy and timely completion of the booking and funding process.
  4. Responsible for the Financial Booking of commercial Bilateral deals.
  5. Role will also require funding to client once deal has been booked.

Skills

Required

  • credit agreement or legal documentation knowledge
  • 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

Nice to have

  • One to Two years previous Financial Booking knowledge
  • Commercial Loan Knowledge
  • Loan IQ experience
  • Microsoft excel skills

What the JD emphasized

  • Timeliness and Accuracy are key to the success of this role function.
  • 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