Loan Documentation Specialist

National Black MBA Association; Jacksonville (TX); On-site; USD 42,000 - 65,000; Full time

Job summary

Bank of America in the United States seeks a Loan Documentation Specialist to support Global Credit Operations. You will prepare and review documentation to ensure accuracy, timely delivery, and compliance with bank policies.

You will coordinate with Client Managers, Credit and Portfolio Officers, Agency Management, and external counsel to facilitate closings and maintain an orderly filing system. Strong attention to detail, excellent written and oral communication, and the ability manage

Qualifications

• 1 year of experience with commercial-business loan documentation.
• Excellent written and oral communication skills.
• Ability to multitask in a fast-paced, metric-centric environment.
• Proactive problem-solving to meet client needs.
• Experience navigating multiple computer systems.
• Proficient in Microsoft Word and Excel.

Responsibilities

• Ensures that loan documentation and lien perfection meet bank policies and procedures and that work products are delivered in an accurately and timely manner
• Reviews documentation, performs due diligence and collateral perfection, and monitors loan documentation for a specific market segment
• Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable rework
• Reviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements
• Designs a robust filing and organizational process to assist in completing primary financial booking and initial loan funding
• Works closely with Client Managers, Credit and Portfolio Officers, Agency Management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactions

Skills

Attention to Detail

Customer and Client Focus

Data Collection and Entry

Due Diligence

Prioritization

Adaptability

Business Acumen

Oral Communications

Written Communications

Research

Education

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America in the United States seeks a Loan Documentation Specialist to support Global Credit Operations. You will prepare and review documentation to ensure accuracy, timely delivery, and compliance with bank policies.

You will coordinate with Client Managers, Credit and Portfolio Officers, Agency Management, and external counsel to facilitate closings and maintain an orderly filing system. Strong attention to detail, excellent written and oral communication, and the ability manage