Document Administrator III - Loan Servicing Operations
Company: Disability Solutions
Location: Charlotte
Posted on: October 25, 2024
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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:Syndicated and
Corporate Lending Document Administrators lead the pre-closing and
closing process for Corporate and Commercial lending units,
including Syndicated, Participation-Bought and Direct Credit
Facilities. Acting as the loan closer, the Document Administrator
is responsible independently reviewing the loan approval and loan
documents prepared by counsel to ensure consistency and adherence
to requirements. Additionally, the loan closer manages the incoming
and outgoing payments required from the Borrower and Lenders and
books the new commitment, amendment, or restructure updates in the
Loan IQ system of record. This role works closely with Client
Manager, Credit and Portfolio Officers, Agency Management, Internal
and External Legal Counsel and many internal operational support
units to ensure seamless execution of transaction. Document
Administrators demonstrate time schedule flexibility to accommodate
deal closing requirements.Job Description:This job is responsible
for preparing and reviewing documentation in accordance with the
bank's policies and procedures to facilitate closings with the
client and ensure lien perfection. Key responsibilities include
working on highly complex documentation, supporting Loan
Administrators with their primary responsibilities, and assisting
the Market Leader in directing workflow and performing quality
assurance. Job expectations include working with company vendors,
legal counsel, line partners, and clients to ensure world class
documentation accuracy.Responsibilities:
Keywords: Disability Solutions, Spartanburg , Document Administrator III - Loan Servicing Operations, Other , Charlotte, South Carolina
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