Syndicated & Corporate Lending Closer, Document Administrator III

Jobtailor; Chicago (IL); On-site; USD 70,000 - 95,000; Full time

Job summary

Bank of America in Chicago seeks an experienced Loan Admin professional to review and fund syndicated lending transactions, ensure lien perfection, and close loans in accordance with bank policies. You will coordinate with Client Managers, Credit and Portfolio Officers, and legal counsel to deliver accurate funding and compliant documents.

Ideal candidates have 2+ years in commercial lending or Loan IQ, strong communication, and the ability to manage multiple close deadlines in a fast-moving

Qualifications

• 2+ years of experience with commercial lending or Loan IQ.
• Familiarity with commercial credit or commercial loan terminology.
• Ability to read, interpret, and analyze complex legal documents.
• Strong communication skills and ability to tailor messages to audiences.
• Organized, proactive, and capable of prioritizing deliverables.
• Bachelors degree or equivalent loan administration experience.

Responsibilities

• Review documentation, close, book, and fund syndicated lending transactions.
• Work in accordance with bank policies and procedures.
• Ensure loan documentation and lien perfection meet bank policies and procedures.
• Review loan approvals and counsel-prepared loan documents for consistency and adherence to requirements.
• Complete primary financial booking and initial loan funding.
• Work with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and internal operational support units.
• Manage incoming and outgoing payments required from the Borrower and Lenders.
• Book new commitments, amendments, and restructure updates in Loan IQ.
• Facilitate successful closings for multiple commercial and corporate lending lines of business.
• Deliver accurate and timely work product.

Skills

Communication skills

Problem-solving

Organizational skills

Proactive planning

Adaptability

Independent work

Time management

Education

Bachelors degree or equivalent loan administration experience

Tools

Loan IQ

Windows

Excel

Word

Outlook

Job description

• Review documentation, close, book, and fund syndicated lending transactions where Bank of America is the administrative agent
• Work in accordance with bank policies and procedures
• Ensure loan documentation and lien perfection meet bank policies and procedures
• Review loan approvals and counsel-prepared loan documents for consistency and adherence to requirements
• Complete primary financial booking and initial loan funding
• Work with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and internal operational support units
• Manage incoming and outgoing payments required from the Borrower and Lenders
• Book new commitments, amendments, and restructure updates in the Loan IQ system of record
• Facilitate successful closings for multiple commercial and corporate lending lines of business
• Deliver accurate and timely work product

Requirements

• 2+ years of experience with commercial lending or Loan IQ (system of record)
• Familiarity with commercial credit or commercial loan terminology
• Experience 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
• Ability to work independently while balancing early escalation to ensure seamless closing
• Ability to adapt well to a quickly evolving environment
• Bachelor’s degree or equivalent loan administration experience
• 1st shift availability
• Ability to work 40 hours per week

Core Competencies

Demonstrates expertise in commercial lending processes, including loan documentation, funding, and compliance with bank policies. Proficient in using Loan IQ for managing loan transactions and adept at analyzing complex legal documents.

Highest-signal resume keywords

• Commercial Lending Experience
• Loan IQ Proficiency
• Legal Documentation Analysis
• Strong Communication Skills
• Organizational Skills

ATS Optimization Keywords

Hard Skills

• Loan Documentation
• Financial Booking
• Lien Perfection
• Credit Agreement Interpretation
• Loan Funding

Soft Skills

• Problem-Solving
• Proactive Planning
• Adaptability

Industry Keywords

• Commercial Credit
• Syndicated Lending
• Bank Policies
• Client Management
• Operational Support

Tools & Technologies

• Windows
• Excel
• Word
• Outlook