Loan Collateral Specialist II

Bank of America; Jacksonville (FL); On-site; USD 55,000 - 75,000; Full time

Job summary

Bank of America in Jacksonville, FL seeks a collateral specialist to manage secured loan collateral and ensure accurate booking in the system of record. You will review files for compliance, coordinate with Relationship Administrators, and support project teams with technical guidance.

Ideal candidates have knowledge of credit agreements, 1+ year banking experience, strong communication, and excellent organization. This position is an in-office role with standard hours.

Qualifications

• Knowledge of commercial loan documentation and related processes.
• Experience with real estate, UCC, or collateral documents.
• Excellent verbal and written communication skills.
• Highly organized with ability to multitask in a fast-paced environment.

Responsibilities

• Mantains data accuracy and completes collateral processes on time.
• Reviews incoming loan files for compliance with bank and federal rules.
• Maintains relationships with Relationship Administrators to speed loan processing.
• Gives technical guidance to business units on projects.
• Maintains systems of record for collateral and insurance monitoring.
• Operates in a paperless environment and adheres to compliance guidelines.
• Promotes collaboration and accountability for performance.

Skills

Credit docs

Banking experience

Independent work

Communication skills

Organization

MS Office/Excel

Education

High School Diploma

Tools

LoanIQ

CreditCenter

Job description

Bank of America in Jacksonville, FL seeks a collateral specialist to manage secured loan collateral and ensure accurate booking in the system of record. You will review files for compliance, coordinate with Relationship Administrators, and support project teams with technical guidance.

Ideal candidates have knowledge of credit agreements, 1+ year banking experience, strong communication, and excellent organization. This position is an in-office role with standard hours.