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9B
94-1687665 Bank of America, National Association
Document Administrator II
Career Insights for Loan Processor
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Scorecard
Based on Massachusetts data
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What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$45,454 / year median in Massachusetts
-26% projected decline
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. 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.
Job Description:
The Doc Admin II for the Fulfillment Team will handle functions, in office, relating to closing commercial loans. Key responsibilities include documenting new facilities, amending existing facilities, and managing the closing process/due diligence requirements of commercial credit policy once engaged to Fulfillment. Must be proficient in word, and attention to detail is crucial. Effective communication and collaboration in the office with business partners, peers, and third-party vendors is essential to foster a cohesive environment.Required Skills:
Demonstrated history of employing excellent communication skills both written and verbal and acts with urgency Demonstrated ability to professionally handle multiple tasks while balancing the need for both quality and efficiency in a fast-paced metric-centric environment is a necessity Prior experience in preparing legal loan documents Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, Outlook, and OneNote) Strong organizational skills with time management, and ability to manage multiple priorities under tight deadlines High level of integrity and discretion with sensitive financial information Commitment to excellent internal and external customer service Knowledge of collateral due diligence, i.e (UCC searches, title searches, insurance, and environmental) Motivated, solution driven and creative thinker Adapts and embraces change in technology, changes in policies and procedures Demonstrates the ability to lead and fosters teamwork and changeDesired Skills:
College Degree preferred Working knowledge of LoanIQ, HotDocs, and Credit Center Commercial real estate loan experience Paralegal experience is beneficial Comprehension of commercial credit operations Desire the commitment to take on leadership responsibilities and grow within the roleShift:
1st shift (United States of America)Hours Per Week:
40 Pay Transparency details US- MA•Waltham•1025 Main St•1025 Main St•Waltham (MA6536) Pay and benefits information Pay range $25.
- $36.
Benefits
- Paid Time Off (PTO)
- Dental Insurance