Wholesale Credit Administrator II/III

Bank of America; Chicago (IL); On-site; USD 100,000 - 125,000; Full time

Job summary

Join a forward-thinking company where you can support Credit Officers in underwriting and managing portfolios. This role emphasizes attention to detail and collaboration, ensuring compliance and operational efficiency in financial transactions. With a commitment to employee wellness and growth, this position offers a chance to make a real impact in the community while developing your career in a supportive environment. Experience a rewarding career with industry-leading benefits and opportunities for professional development.

Benefits

Industry-leading benefits

Paid time off

Annual discretionary award eligibility

Qualifications

• High School Diploma or equivalent required.
• Strong attention to detail and data management skills.

Responsibilities

• Support Credit Officers with underwriting and portfolio management.
• Coordinate pre- and post-closing activities and due diligence.
• Monitor compliance and improve operational efficiency.

Skills

Attention to Detail

Data Collection and Entry

Record Keeping

Collaboration

Customer and Client Focus

Oral Communications

Prioritization

Written Communications

Planning

Education

High School Diploma / GED / Secondary School

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 supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include supporting credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners, handling more complex opportunities and may provide coaching to associates when dealing with day-to-day support activities.

Responsibilities:

• Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations
• Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation
• Identifies and resolves data quality issues
• Identifies opportunities to improve operational efficiency
• Understands policy and procedures and ensures compliance
• Leads or participates in special projects

Skills:

• Attention to Detail
• Data Collection and Entry
• Record Keeping
• Collaboration
• Customer and Client Focus
• Oral Communications
• Prioritization
• Written Communications
• Planning

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CT - Hartford - 185 ASYLUM ST - CITY PLACE 1 (CT2500), US - CT - New Haven - 157 Church St - New Haven Green (CT2226), US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - MD - Baltimore - 100 International Dr - 100 International (MD9890) Pay and benefits information Pay range $25.50 - $48.60 hourly pay, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.