Commercial Credit - Wholesale Credit Admin Associate II/III

Company: Disability Solutions
Location: Seattle
Posted on: April 20, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description:This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.The Wholesale Credit Administrative group is looking for a Wholesale Credit Admin Assoc (WCAA) to work with the HENFP team supporting the Client Managers and the Credit Product Officers and Underwriters and their respective portfolio of clients.The Healthcare, Education, Non For Profit (HENFP) team is a team market focusing on providing credit to Institutional Clients nationwide. Our client coverage model and close partnership with other lines of business, such as Global Banking and Markets, Global Wealth and Investments Management, enable our commercial client teams to seamlessly deliver all of the bank's capabilities as integrated solutionsResponsibilities:--- Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations--- Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and otherdocuments per the terms of the credit agreement or other documentation--- Identifies and resolves data quality issues--- Identifies opportunities to improve operational efficiency--- Understands policy and procedures and ensures compliance

• Responsible for supporting the end-to-end credit management process, partnering with Client Managers and Credit Product Officers
• Acts as a primary liaison with clients, client teams, credit services, and other business partners
• Facilitate the timely collection of client financial information
• Proactively focuses on client satisfaction throughout the credit management process
• Ensures timely follow-up of loan monitoring activity to facilitate a sound credit portfolio
• Responsibilities also include monitoring credit compliance, resolving documentation, collateral, past due exceptions, and ensuring data integritySkills:--- Data Collection and Entry--- Record Keeping--- Attention to Detail--- Oral Communications--- Written Communications--- Collaboration--- Customer and Client Focus--- Planning--- PrioritizationRequired Skills:
  • Strong, professional communication skills
  • Organizational and time management skills
  • Attention to detail and able to execute in a fast paced environment
  • Proven self-motivator with the ability to effectively prioritize work
  • Ability to coordinate with multiple points of contact (internal and external)
  • Prior loan closing experience or portfolio management & loan servicing experienceMinimum Education Requirement: Bachelors degree preferredShift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Renton , Commercial Credit - Wholesale Credit Admin Associate II/III, Administration, Clerical , Seattle, Washington