Document Administrator II

Bank of America
Waltham, MA Full Time
POSTED ON 11/1/2022 CLOSED ON 12/5/2022

Job Posting for Document Administrator II at Bank of America

Job Description:

Enterprise Role Overview:

Primary responsibility is to prepare/review documentation in accordance with Bank policies and procedures, to facilitate closings with the client and to ensure lien perfection. Works on routine to more complex documentation as assigned by Market Leader or designee. Interfaces with company vendors, legal counsel, line partners and clients to ensure world-class documentation accuracy. Maintains primary responsibility for accuracy of documentation and SOR financial data, timely delivery of documents, and elimination of controllable re-work.

Job Description:

The Doc Admin II for the Fulfillment Team will handle functions relating to closing standard commercial credit loans. Key responsibilities include documenting new facilities, amending existing deals, and managing the closing process/due diligence requirements of commercial credit once engaged to Fulfillment. Must be proficient in word, and attention to detail is crucial. Effective communication with business partners, clients, and peers is essential in order to foster a cohesive environment. Must have some knowledge of commercial credit/lending.

Required Skills:

  • College Degree or equivalent experience with commercial credit

  • Demonstrated history of using strong financial acumen and knowledge of loan documentation concepts in prior employment specifically Small Business and Commercial

  • Demonstrated history of employing excellent communication skills both written and oral in a previous job

  • Demonstrated ability professionally to handle multiple tasks while balancing the need for both quality and efficiency in a fast paced metric-centric environment is a necessity

  • Professional history of being able to suggest approaches to meet Client needs rather than relying strictly on procedures

  • Must be able to navigate and toggle through various computer systems

  • Must have used Microsoft Word and Excel in prior employment

Desired Skills:

  • Previous loan documentation experience and understanding of financial covenant principals is desired

  • Working knowledge of LoanIQ and/or Hot Docs is beneficial

  • Real Estate experience or knowledge is beneficial

  • Para legal experience is helpful

  • College Degree preferred

Shift:

1st shift (United States of America)

Hours Per Week: 

40
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Salary.com Estimation for Document Administrator II in Waltham, MA
$64,879 to $82,253
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