Collateral Operations Specialist, Loans

Bank of America; Charlotte (NC); On-site; USD 50,000 - 70,000; Full time

Job summary

Bank of America is seeking a Collateral Administrator to manage collateralized debt obligations and maintain lien positions. The role emphasizes data accuracy, legal/document review, and timely processing with strong collaboration across client teams and internal partners.

Responsibilities include reviewing loan documents, updating systems of record, and ensuring insurance coverage and compliance. This position requires attention to detail and a proactive, team-oriented mindset.

Qualifications

• Real estate administrative experience required.
• Loan documentation review experience required.
• Legal documentation review experience required.

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 a Collateral Administrator to manage collateralized debt obligations and maintain lien positions. The role emphasizes data accuracy, legal/document review, and timely processing with strong collaboration across client teams and internal partners.

Responsibilities include reviewing loan documents, updating systems of record, and ensuring insurance coverage and compliance. This position requires attention to detail and a proactive, team-oriented mindset.