Bank of America
Loan Administrator II
Charlotte · Full-time · Posted Sep 28, 2026
- Experience
- Minimum 1 year of financial services/financial products experience and minimum 1 year of credit agreement or legal documentation review.
- Education
- High School Diploma / GED / Secondary School or equivalent
About the job
Manages collateral records and processes to monitor, perfect, and release the bank’s collateral, including reviewing loan documentation, insurance, and exception reports.
What you'll do
- Maintains accurate collateral data and completes collateral processes on time, including booking on the system of record.
- Reviews incoming loan files for compliance and monitors insurance, lien positions, and collateral records.
- Coordinates with Relationship Administrators and advises business units and interdisciplinary teams on processing and projects.
What they ask for
- At least 1 year of financial services or financial products experience.
- At least 1 year reviewing credit agreements or legal documentation.
- Proficient experience with Microsoft Suite.
Nice to have
- Commercial financial booking knowledge or commercial loan knowledge.
- Loan IQ (LIQ) experience.
Tools
Microsoft Suite, Loan IQ (LIQ)
Model-written summary · the original posting is authoritative