Commercial Loan Administrator II- Post Closing

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.

This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

Job expectations include setting up and standardizing collateral files, preparing and reviewing tickler and exception tracking data, reviewing insurance adequacy, monitoring evidence of insurance and maintaining and/or releasing lien position for collateral.

Responsible for executing key collateral administration functions, including collateral and asset updates, loan document preparation, booking and tracking activities within systems of record, legal documentation review, and exception management. Builds strong partnerships with client teams and business partners to ensure accurate, timely, and efficient processing.

LOB Description:

GCO (Global Credit Operations):

Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products.

Maintains data accuracy and completes all collateral processes timely

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

holds self and others accountable for high performance standards

Minimum of 1 year of Real Estate Administrative experience

Minimum of 1 year of legal documentation review experience

Customer and Client Focus

Legal Structures and Legal Forms

Data Collection and Entry

Quality Assurance

Risk Management

Ability to review loan, legal, and collateral documentation to identify exceptions and deficiencies.

Strong attention to detail with a focus on data accuracy and documentation quality.

Ability to manage collateral updates, document tracking, and system of record maintenance.

Strong partnership and communication skills to effectively collaborate with client teams and business partners.

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America) Hours Per Week: