Syndicated & Corporate Lending Closer (Document Administrator III )

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

Job summary

Bank of America is seeking a detail-oriented loan documentation professional to review and close syndicated lending transactions. You will coordinate funding, booking, and amendments, working with internal teams and external counsel to ensure accurate, compliant closings.

Candidates should have 2+ years in commercial lending or Loan IQ, strong document interpretation skills, and the ability to adapt in a fast-changing environment.

Qualifications

• Minimum 2+ years of commercial lending or Loan IQ experience.
• Ability to read, interpret and analyze complex legal documents.
• Highly organized, proactive and able to manage deliverables.
• Strong written and verbal communication, problem-solving and adaptability.

Responsibilities

• Review loan documentation for accuracy and compliance with policies.
• Complete primary financial booking and initial loan funding.
• Coordinate with internal and external partners to ensure seamless closings.
• Support multiple syndicated and corporate lending transactions.

Skills

Commercial lending

Credit terminology

Legal doc analysis

Organization

Communication

Problem solving

MS Office

Independent worker

Adaptability

Loan IQ familiarity

Education

Bachelor's degree or equivalent loan administration experience

Tools

Loan IQ

Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for reviewing documentation, closing, booking, and funding syndicated lending transactions where Bank of America is the administrative agent, in accordance with the bank's policies and procedures. Key responsibilities include working with internal and external business partners to facilitate successful closings for multiple commercial and corporate lending lines of business.

Global Credit Operations: Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products. Syndicated and Corporate Lending Document Administrators manage closings, funding, and booking for syndicated lending transactions where Bank of America is the administrative agent. This role also manages the incoming and outgoing payments required from the Borrower and Lenders and books the new commitment, amendment, or restructure updates in the Loan IQ system of record. This role works closely with Client Manager, Credit and Portfolio Officers, Agency Management, Internal and External Legal Counsel and many internal operational support units to ensure seamless execution of transactions.

Responsibilities:

• Ensures that loan documentation and lien perfection meets bank policies and procedures and that work product is delivered in an accurate and timely manner
• Reviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements
• Completes 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

Required Qualifications:

• 2+ years of experience with commercial lending or Loan IQ (system of record)
• Familiarity with commercial credit or commercial loan terminology
• Experience with reading, interpreting, and analyzing complex legal documentation such as credit agreements, and amendments
• Highly organized, proactive, and able to plan, prioritize and manage deliverables
• Strong written and verbal communication skills; able to target messaging to different audiences
• Effective problem-solving skills
• Proficient computer skills, including Windows, Excel, Word, and Outlook
• Can work independently while balancing early escalation to ensure seamless closing
• Adapts well to a quickly evolving environment

Desired Qualifications

• Syndicated loan experience
• Legal, finance, accounting, or mathematical background
• Bachelor's degree or equivalent loan administration experience

Skills:

• Attention to Detail
• Business Acumen
• Customer and Client Focus
• Due Diligence
• Prioritization
• Adaptability
• Data Collection and Entry