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!

Job Description

Primary responsibility is to serve as loan servicing point of contact for assigned Borrowers and Lenders on moderately complex Corporate and Commercial deals. With some supervision, deliver the highest level of service to agents, lenders, borrowers, and internal business units while ensuring compliance with credit agreements, government regulations and policies/procedures.  The successful applicant will have a basic understanding of credit-related products and credit documentation.

Responsibilities

Provides unit business support and acts as workflow coordinator on client and agent loan transaction requests and other support tasks

Support processing credit facility transactions into workflow tools and the system of record with quality control validations and adherence to policies, procedures, control reporting routines and control metric thresholds

Ensures all communication and loan transaction notices are processed timely and accurately

Monitor assigned credit facilities and loan accounts to ensure loan funding, repayments, interest and fees comply with credit agreements, loan documentation, lender or borrower instructions, internal procedures, and approvals

Monitor, research, and action past dues and reconciliation exceptions

Assist managers on various quality assurance routines/reviews

Service loan requirements for a global and regional corporate and commercial credit portfolio, acting in agency, participant and sole lender roles

Support the processing and reconciliation of loan accounting entries, commitment and loan records, loan statements, interest and fee billings, and wire accounts

Review and adhere to credit legal documentation, corporate documents and policies and procedures

Monitor/Support administrative duties, including control reporting and records filing

Work flexibility, including overtime, weekends and statutory holidays

Qualifications

University degree with preference to math or finance

Basic knowledge of Corporate and Commercial credit products, loan servicing, payments, LIQ/credit systems and legal credit agreements is an asset

Strong analytical, problem solving, and time management organizational skills

Ability to consistently act on detailed instructions with accuracy and under time pressures/deadlines

Able to perform well both independently and in a cross functional team environment with active leadership skills

Supports collaborative efforts to advance process designs, tools, and technology enhancements

Ability to multi-task and adapt in a fast paced and challenging environment with evolving business needs

Ability to adapt and adhere to policies and procedures

Proficient in Microsoft Office (Word, Excel, PowerPoint)

Skills

Attention to Detail

Attention to Policies, Procedures and Metric Thresholds

Customer and Client Focus

Data Collection and Entry

Recording/Organizing Information

Adaptability

Analytical Thinking

Issue Management

Oral Communications

Written Communications

Collaboration

Legal Structures and Legal Forms

Prioritization

What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America is an Equal Opportunity Employer.

Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.