Collateral & Loan Administration Specialist II

Bank of America; St. Louis (MO); On-site; USD 42,000 - 66,000; Full time

Job summary

Bank of America is seeking an experienced professional to manage collateralized debt obligations and related documentation within Global Credit Operations. You will ensure accurate booking, update collateral records, and monitor insurance and lien positions across systems of record.

The role requires attention to detail, data integrity, and collaboration with client teams to support timely and compliant loan processing. 1st shift in the United States with a 40-hour week.

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 and Client Focus

Legal Structures and Legal Forms

Prioritization

Business Acumen

Critical Thinking

Data Collection and Entry

Oral Communications

Written Communications

Quality Assurance

Recording/Organizing Information

Risk Management

Education

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America is seeking an experienced professional to manage collateralized debt obligations and related documentation within Global Credit Operations. You will ensure accurate booking, update collateral records, and monitor insurance and lien positions across systems of record.

The role requires attention to detail, data integrity, and collaboration with client teams to support timely and compliant loan processing. 1st shift in the United States with a 40-hour week.