Syndicated Lending Closings Specialist

Jobtailor; Arizona; On-site; USD 60,000 - 90,000; Full time

Job summary

Bank of America is seeking a experienced Loan Administrator to manage syndicated lending processes, ensuring lien perfection and compliance with bank policies. You will review complex loan documents, coordinate closings, and perform accurate financial bookings.

The role requires strong communication, organization, and problem-solving skills, with the ability to work independently in a dynamic environment and handle multiple tasks on 1st shift.

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.
• Ability to work independently while balancing escalation to ensure seamless closing.
• Syndicated loan experience desired; legal, finance, or accounting background desired.
• Bachelor's degree or equivalent loan administration experience desired.
• Ability to work 1st shift; 40 hours per week.

Responsibilities

• Review documentation, close, book, and fund syndicated lending transactions where Bank of America is the administrative agent.
• Work in accordance with the bank's policies and procedures.
• Facilitate successful closings for multiple commercial and corporate lending lines of business.
• 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.
• Manage incoming and outgoing payments required from the Borrower and Lenders.
• Book new commitments, amendments, or restructure updates in the Loan IQ system of record.
• Collaborate with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and internal operational support units.

Skills

Commercial Lending Experience

Loan Documentation

Financial Booking

Syndicated Loan Experience

Legal Document Interpretation

Strong Communication Skills

Organizational Skills

Problem-Solving Skills

Adaptability

Proactive Planning

Education

Bachelor's degree or equivalent loan administration experience

Tools

Loan IQ

Windows

Excel

Word

Outlook

Job description

Bank of America is seeking a experienced Loan Administrator to manage syndicated lending processes, ensuring lien perfection and compliance with bank policies. You will review complex loan documents, coordinate closings, and perform accurate financial bookings.

The role requires strong communication, organization, and problem-solving skills, with the ability to work independently in a dynamic environment and handle multiple tasks on 1st shift.