Job Details

Relationship Administrator II – Credit Fulfillment Service Operations

Company name

Bank of America Corporation

Organization Type

In-House

Job Type

Legal Staff

Years of Experience

Min 2 yrs required

Location

Concord, CA

Date Last Verified

Apr 18,2018

Posted on

Apr 05,2018
Practice Area
Finance >> Finance - Banking
Apply for this job
 
Your Email:
Upload Resume:

 
11 hits

Profile

Relationship Administrator II – Credit Fulfillment Service Operations The candidate will be reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget and all sources of funds, ensuring loans are in balance and in compliance with all approvals, and monitoring documentation requirements and exceptions, including interest and past dues. Interacts directly with Client Management team, borrower, legal counsel, construction consultants and title companies to ensure the delivery of World Class Service. Effectively manage through collaboration and proactively contributes to project and initiative development. Leads the effort in the pre-closing and closing process on basic real estate loans, including construction, term, lines of credit, and letters of credit; and with some supervision, contributes to the processes on moderately complex to complex real estate loans, which may include syndications. Reviews loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements. Works closely with Client Manager, borrower, counsel, construction consultants and title companies. Monitors documentation requirements and exceptions, including interest and past dues. May contribute to the training of junior associates. Responsible for managing construction draw process, including reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget, monitoring non-loan sources of funds for certain product types, and ensuring loan is in balance in accordance with approval. Must have 2+ years of previous real estate loan administration experience or real estate paralegal experience; proficient computer skills, including Windows, Excel, Word and Outlook; excellent written and verbal communication skills; effective problem solving skills. Should preferably have Bachelor's degree or some accounting experience. Excellent organizational and time management skills with ability to simultaneously manage multiple and competing priorities is needed. Prior commercial real estate loan experience is a plus. Understanding of regulatory requirements and credit and operational risk management desired is helpful.

Additional info

Job number: 18018173

Company info

Hiring Coordinator
Bank of America Corporation
2020 Willow Pass Rd
Concord, CA 94520

Similar Jobs:

Paralegal The candidate will handle Corporate Securities: (a) manage and update the capitalization table; (b) schedule Board of Director Meetings; (c) assist with the preparation of materials for and coordination of Board Meeting...
Medical Paralegal/Record Reviewer The candidate will have good understanding and strong background with medical, orthopedic, psychiatric, legal, employment, depositions and administrative records. Will review and analyze a summar...
Contracts Administrator The candidate will develop, implement and maintain a contracts system, as well as provide general support to the Legal team. Will work closely with the Legal team and cross-functionally with other teams to...