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Loan Administrator

AT Merrill
Merrill

Loan Administrator

Jacksonville, FL

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 a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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Job Description:
Primarily responsible for perfecting bank's Financial Booking. Responsible for accurate set-up and maintenance of billing schedules, pricing options, and all other client record and indicative data. This role will be responsible for data accuracy and timely completion of the booking and funding process.

Responsibilities:

  • Perfects the bank's system of record through accurate set-up and maintenance of billing schedules, pricing options, and all other client records and indicative data
  • Performs administrative duties related to setting up new and/or modifying existing loans, maintains bookings on the systems of record, and identifies and enters data to provide data to modelers for loss risk forecasting
  • Manages the daily collateralized debt obligation suite and issue tracker reports to execute the daily loan closing process
  • Maintains relationships with Relationship Administrators to ensure efficient and high quality loan processing

Required Skills:

  • Knowledge of commercial loan documentation and loan accounting systems
  • Experience preparing real estate, UCC, or other collateral documents
  • Excellent verbal and written communication skills. Ability to communicate professionally with internal and external clients.
  • Well-organized and efficient; adept at multitasking in a fast paced environment
  • Proficiency with Microsoft Office, with focus on Word and Excel

Desired Skills:

  • Experience with LoanIQ
  • Experience with Credit Center

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

Client-provided location(s): Jacksonville, FL, USA
Job ID: Merrill-JR-25001201
Employment Type: Full Time