Loan Documentation Specialist II

Bank of America; Waltham (MA); On-site; USD 34,000 - 50,000; Full time

Job summary

Bank of America is seeking a detail-oriented professional to prepare and review loan documentation in accordance with bank policies to facilitate closings with clients. You will interface with vendors, legal counsel, line partners, and clients to ensure accurate documentation and timely delivery.

The role focuses on accuracy, timely production, and minimizing rework, with collaboration across Client Managers, Credit and Portfolio Officers, agency management, and internal teams to ensure seamless

Qualifications

• Proficiency with Microsoft Office applications, including Word, Excel, PowerPoint, Outlook, and OneNote.
• Ability to analyze information, identify issues, and drive resolution while maintaining compliance with established policies and procedures.

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 organisational 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 is seeking a detail-oriented professional to prepare and review loan documentation in accordance with bank policies to facilitate closings with clients. You will interface with vendors, legal counsel, line partners, and clients to ensure accurate documentation and timely delivery.

The role focuses on accuracy, timely production, and minimizing rework, with collaboration across Client Managers, Credit and Portfolio Officers, agency management, and internal teams to ensure seamless