Loan Administration Specialist – GWIM Credit Operations
Bank of America · Charlotte, NC
About this job
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, which includes our commitment to an inclusive workplace, attracting and developing exceptional talent, and supporting our teammates in an in-office culture with role-specific flexibility in Charlotte, NC.
We are seeking a dedicated Loan Administration Specialist to join our GWIM Credit Operations team on the 1st shift for a 40-hour work week. In this role, your primary responsibility is to prepare and review documentation in accordance with bank policies and procedures, ensuring world-class documentation accuracy and timely delivery.
Key responsibilities include:
- Reviewing loan documentation in strict compliance with bank policies and operational procedures.
- Independently performing research and discussing loans with line partners, legal counsel, and company vendors with confidence and knowledge.
- Handling loan bookings of varying complexity and inputting loan bookings into the System of Record (SOR) while working to eliminate controllable rework and maintain acceptable error rates.
- Collaborating closely with Client Managers, Credit and Portfolio Officers, agency management, and internal support units to ensure seamless transaction execution.
- Assisting the Market Leader in the facilitation of team meetings, training sessions, and quality reviews when necessary.
Minimum qualifications and requirements:
- A minimum of 2 years of experience with commercial and/or consumer loan documentation review.
- Familiarity with GFS and Loan IQ systems.
- Strong written and verbal communication skills, complemented by excellent organizational and multitasking abilities.
- A high level of attention to detail and data accuracy, with proficiency in Microsoft Word and Excel.
- The ability to work effectively in a collaborative team environment, including interacting successfully with remote teammates.
If you are detail-oriented, possess strong communication skills, and are ready to build a successful career with opportunities to learn, grow, and make an impact, we invite you to apply and join us at Bank of America.
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