Loan Administration Specialist
Posted on: 6 Apr 2021
St Louis, MO
Job Description
Job Description:
Job description
Primary responsibility is to book the loan onto the bank's system of record and perfect bank's collateral. Responsible for maintaining control of bank collateral through set-up, input of exception ticklers, when applicable. Assures initial lien perfection. Responsible for accurate input of all indicative data changes. This role is responsible for data accuracy and timely completion of the booking and collateral process. Independently perform research and discuss loans with line partners with confidence and knowledge. Interfaces with company vendors, legal counsel and business partners to ensure world-class service. In all measurable categories, maintains an acceptable level of accuracy. Assists Market Leader in the facilitation of team meetings, training and quality review when necessary.
Requirements: GWIM Services Policy and Procedures
System Knowledge:
* GFS, Loan IQ, Electronic Document Respository, Tradeline, QA PR Database
* Letters of Credit requirements and procedures
* Excellent written and verbal communication skills
* Strong organizational and multi-tasking skills
* Ability to work in a team environment
* Detail oriented and Works well under time constraint
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.
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IndustryBanking/Financial Services
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No. of Employees205,000
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Website
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Jobs Posted2694
