Syndicated & Corporate Lending Closer (Document Administrator III )

Bank of America; Chicago (IL); On-site; USD 70,000 - 100,000; Full time

Job summary

Bank of America is seeking a detail-oriented Loan Documents Administrator in Chicago to review documentation, support closings, funding, and booking for syndicated lending transactions. You will work with Client Managers, Credit Officers, and external counsel to ensure accurate, timely closings and compliance with bank policies.

The role requires 2+ years in commercial lending or Loan IQ, strong organizational skills, and excellent written and verbal communication.

Qualifications

• 2+ years of experience with commercial lending or Loan IQ.
• Familiarity with commercial credit terminology.
• Ability to read, interpret, and analyze complex loan documents.
• Highly organized, proactive, and able to manage deliverables.

Responsibilities

• Review loan documentation to ensure accuracy and timeliness.
• Close, fund, and book syndicated lending transactions.
• Collaborate with client managers, portfolio officers, and legal counsel to ensure seamless closings.
• Adhere to bank policies and proper lien perfection.

Skills

Attention to Detail

Business Acumen

Customer Focus

Due Diligence

Prioritization

Adaptability

Data Entry

Oral Communications

Research

Written Communications

Education

Bachelor’s degree or equivalent loan administration experience

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.

Line of Business Job Description

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
• Oral Communications
• Research
• Written Communications

Shift

1st shift (United States of America)

Hours Per Week

40