Job Information
Bank of America Loan Administrator II in Plano, Texas
Loan Administrator II
Jacksonville, Florida;Plano, Texas
To proceed with your application, you must be at least 18 years of age.
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To proceed with your application, you must be at least 18 years of age.
Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/Jacksonville/Loan-Administrator-II_26012654)
Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.
Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/Jacksonville/Loan-Administrator-II_26012654)
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 booking the Loan at hand to the SOR in accordance with Bank policies/procedures, which includes routine to complex transactions. The role requires the individual to work with various upstream partners to receive in the documents, perform any funding needed and book the loan to the SOR. Maintaining control of Bank collateral through accurate booking on the system of record (SOR), responsible for accurate setup and maintenance of billing schedules, pricing options, risk rating changes and all other client record and indicative data. This role is responsible for data accuracy and timely completion of the financial aspect of the loan.
Responsibilities:
Maintains data accuracy and completes all collateral processes timely
Receives incoming loan files and reviews for compliance with bank and federal guidelines
Maintains relationships with Relationship Administrators to ensure efficient and high-quality loan processing
Gives technical advice and guidance to business units and interdisciplinary teams on projects
Maintains systems of record for continued monitoring of collateral and insurance
Works in a paperless environment and adheres to compliance guidelines
Promotes collaboration and communicates with impact; learns and adapts quickly; holds self and others accountable for high performance standards
Required Skills:
Knowledge of loan documentation concepts (reviewing credit approvals, etc.)
Good technical aptitude (desktop and mainframe applications) and experience with Microsoft Office Products (Excel, Word).
Efficient organizational, writing and client/customer communications skills.
Ability to handle stressful situations and deadline pressures.
Strong analytical and problem solver skills.
Effective prioritization of multiple tasks, balancing quality and productivity.
Effective time management.
Flexible and adaptable.
Detail orientated and be able to work independently as well as in a team environment.
Ability to identify issues and potential solutions/alternatives given existing policies and procedures, including the need to escalate.
Desired Skills:
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
Excels in working among diverse viewpoints to determine the best path forward.
Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
Skills:
Attention to Detail
Customer and Client Focus
Legal Structures and Legal Forms
Prioritization
Business Acumen
Critical Thinking
Data Collection and Entry
Oral Communications
Written Communications
Quality Assurance
Recording/Organizing Information
Risk Management
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) " poster.
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.