Document Administrator II - Credit Fulfillment Operations

Company: Disability Solutions
Location: Jacksonville
Posted on: February 15, 2025

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Line of Business Job Description:Coordinates the preparation/closing of Business Banking & Middle Market loan packages in compliance with policies/procedures, and regulatory guidelines by reviewing necessary documents and information within designated time frames. Communicates with internal co-workers (underwriting, sales, etc.) to respond to inquiries, resolve problems and obtain additional documents needed to close the loan. Works within a fulfillment team of Document Administrators that support Business Banking & Middle Market Sales Relationship Managers with closing their loans on time.Job Description:This job is responsible for preparing and reviewing documentation in accordance with bank policies and procedures to facilitate closings with the client. Key responsibilities include working on routine to more complex documentation as assigned by the Market Leader or designee and interfacing working with company vendors, legal counsel, line partners, and clients to ensure world-class documentation accuracy. Job expectations include maintaining accuracy of documentation and system of record financial data, delivering documents in a timely manner, and eliminating controllable rework.Responsibilities:

• Ensures that loan documentation and lien perfection meet bank policies and procedures and that work products are delivered in an accurately and timely manner
• Reviews documentation, performs due diligence and collateral perfection, and monitors loan documentation for a specific market segment
• Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable rework
• Reviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements
• Designs a robust filing and organizational process to assist in completing 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 transactionsRequired Qualifications:
  • Strong financial acumen - knowledge of loan documentation concepts
  • Excellent communication skills both written and oral
  • Ability to handle multiple tasks while balancing the need for both quality and efficiency in fast paced metric-centric environment is a necessity
  • Ability to suggest approaches to meet Client needs rather than relying strictly on procedures
  • Must be able to navigate and toggle through various computer systems and be comfortable with Microsoft Word and ExcelDesired Qualifications:
    • Previous experience with commercial credit
    • Real estate or construction experience
    • Paralegal experience
    • Accounting and GL management
    • Previous loan documentation experience
    • Working knowledge of LoanIQ and/or Hot DocsSkills:
      • Attention to Detail
      • Customer and Client Focus
      • Data Collection and Entry
      • Due Diligence
      • Prioritization
      • Adaptability
      • Business Acumen
      • Oral Communications
      • Written Communications
      • ResearchMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalent work experienceShift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Jacksonville , Document Administrator II - Credit Fulfillment Operations, Other , Jacksonville, Florida