Senior Loan Documentation Specialist

Bank of America; Virginia (MN); On-site; USD 41,000 - 61,000; Full time

Benefits offered by this job

Discretionary incentive

Benefits

Job summary

United States Digital Space LLC is seeking a Document Administrator to support syndicated and corporate lending closings. You will review loan documents, ensure lien perfection, and coordinate with counsel, clients, and lenders to ensure accuracy and timely closings.

You will work with a team including Client Managers, Credit Officers, and agency management to execute transactions, with emphasis on attention to detail and meticulous documentation.

Qualifications

• Minimum Education: High School Diploma / GED / Secondary School or equivalent.
• Bachelor's degree or equivalent loan administration experience is desired.

Responsibilities

• Ensures that loan documentation and lien perfection meets bank policies and procedures and that work products are delivered accurately and timely.
• Leads documentation, due diligence and collateral perfection, and monitoring of 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

Business Acumen

Customer and Client Focus

Due Diligence

Prioritization

Adaptability

Data Collection and Entry

Oral Communications

Research

Written Communications

Education

High School Diploma or Equivalent

Bachelor's degree or equivalent loan administration experience

Job description

United States Digital Space LLC is seeking a Document Administrator to support syndicated and corporate lending closings. You will review loan documents, ensure lien perfection, and coordinate with counsel, clients, and lenders to ensure accuracy and timely closings.

You will work with a team including Client Managers, Credit Officers, and agency management to execute transactions, with emphasis on attention to detail and meticulous documentation.