Collateral Administration Specialist II

Bank of America; Charlotte (NC); On-site; USD 42,000 - 66,000; Full time

Job summary

Bank of America is seeking an on-site Real Estate Administrative Specialist to manage collateral records, update loan files, and monitor insurance and lien positions. You will coordinate with Relationship Administrators and legal teams to ensure compliance with bank and federal guidelines.

The role emphasizes data accuracy, timely processing, and strong collaboration across client teams. A high school diploma and 1+ year in real estate admin and loan documentation is required.

Qualifications

• Minimum of 1 year Real Estate Administrative experience
• Minimum of 1 year loan documentation review experience
• Minimum of 1 year of legal documentation review experience

Responsibilities

• Maintains data accuracy and completes all collateral processes timely
• Receives incoming loan files and reviews for compliance with bank and federal guidelines
• Maintains relationships with Relationship Administrators to ensure efficient and high-quality loan processing
• Gives technical advice and guidance to business units and interdisciplinary teams on projects
• Maintains systems of record for continued monitoring of collateral and insurance
• Works in a paperless environment and adheres to compliance guidelines
• Promotes collaboration and communicates with impact; learns and adapts quickly; holds self and others accountable for high performance standards

Skills

Attention to Detail

Customer Focus

Legal Forms

Prioritization

Business Acumen

Critical Thinking

Data Entry

Oral Communication

Written Communication

Quality Assurance

Record Keeping

Risk Management

Education

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America is seeking an on-site Real Estate Administrative Specialist to manage collateral records, update loan files, and monitor insurance and lien positions. You will coordinate with Relationship Administrators and legal teams to ensure compliance with bank and federal guidelines.

The role emphasizes data accuracy, timely processing, and strong collaboration across client teams. A high school diploma and 1+ year in real estate admin and loan documentation is required.