Bank Of America Loan Admin Services Rep II LASR 

United States, Georgia 

262162466

Enterprise Job Description:

This job is responsible for ensuring accurate and timely processing of complex loan administration transactions in accordance with established policies, processes and procedures.Key responsibilities include

Job Description Overview:

Ability to clearly read, understand and interpret loan documents. Thorough knowledge of loan accounting/reconciliation of general ledger debits and credits, including research and clearing exceptions on processed transactions. (Loan IQ and GL Debit/Credit knowledge) Research and resolve differences on various systems (i.e. interest discrepancies, DDA, wire transfer discrepancies, etc.). Handles a variety of functions (multi-tasking) and/or transactions, including priorities that require immediate attention. Produces error free work. Enters and verifies numeric data from a variety of sources, paper-based and/or electronic, into the loan system of record. Perform miscellaneous duties as assigned. Works under general supervision; typically reports to a supervisor or manager. An expected degree of creativity and latitude is required. Relies on experiences and judgment to plan and accomplish goals to perform a variety of tasks.

Responsibilities:

• Processes complex loan transactions with accuracy and timeliness in accordance with established policies and procedures

• Builds and maintains strong relationships with Relationship Administrators

• Provides coaching and feedback to teammates

• Creates customer accounts, loan system reconciliation and performs quality assurance

• Reviews and understands loan documents

• Performs tasks with minimal supervision

Skills:

• Attention to Detail

• Customer and Client Focus

• Data Collection and Entry

• Prioritization

• Written Communications

• Analytical Thinking

• Collaboration

• Oral Communications

• Recording/Organizing Information

• Data Quality Management

• Policies, Procedures, and Guidelines Management

Required Qualifications:

• Minimum of three (3) years of experience in the field of loan administrator/ loan operations with emphasis on loan transaction processing

• Proficient computer skills utilizing mainframe and PC software packages

• Strong systems orientation

• Intermediate accounting skills

• Excellent teamwork, organization, and admin skills

• Multi-tasking, possesses a high degree of attention to detail.

• Working knowledge of Microsoft Excel, Word, Power-Point with dual screens.

• Effective communication skills (listening, verbal and written)

• Knowledge and basic processing skills for Loan IQ.

Minimum Education Requirement:High School Diploma / GED / Secondary School or equivalent

1st shift (United States of America)