Syndicated Lending Closings & Document Admin III

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

Benefits offered by this job

Competitive benefits

Paid time off

Discretionary annual bonus eligibility

Job summary

Bank of America is seeking a Loan Documentation Administrator to review complex loan agreements, ensure lien perfection, and coordinate closings across multiple teams. This role requires navigating legal documents, booking transactions, and funding new or amended loans with a focus on accuracy and efficiency.

The incumbent collaborates with client managers, credit officers, agency management, and legal counsels to ensure seamless execution of syndicated and corporate lending closings.

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.

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.

Skills

Commercial lending

Loan IQ

Credit terminology

Communication skills

Problem solving

Office software

Independent worker

Adaptability

Education

Bachelor’s degree or equivalent loan administration experience

Tools

Loan IQ

Windows

Excel

Word

Outlook

Job description

Bank of America is seeking a Loan Documentation Administrator to review complex loan agreements, ensure lien perfection, and coordinate closings across multiple teams. This role requires navigating legal documents, booking transactions, and funding new or amended loans with a focus on accuracy and efficiency.

The incumbent collaborates with client managers, credit officers, agency management, and legal counsels to ensure seamless execution of syndicated and corporate lending closings.