Loan Administrator II jobs in United States
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Bank of America · 1 day ago

Loan Administrator II

Bank of America is committed to making financial lives better through every connection. The Loan Administrator II is primarily responsible for conducting due diligence to ensure flood insurance documentation is maintained according to bank policies, while also managing collateral reviews and ensuring compliance with federal regulations.

Asset ManagementBankingFinanceFinancial ServicesFinTech
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H1B Sponsor Likelynote

Responsibilities

Perfects the bank’s system of record through accurate set-up and maintenance of billing schedules, pricing options, and all other client records and indicative data
Performs administrative duties related to setting up new and/or modifying existing loans, maintains bookings on the systems of record, and identifies and enters data to provide data to modelers for loss risk forecasting
Manages the daily collateralized debt obligation suite and issue tracker reports to execute the daily loan closing process
Maintains relationships with Relationship Administrators to ensure efficient and high quality loan processing

Qualification

Loan documentation reviewCommercial credit requirementsFederal flood insurance regulationsCustomer service experienceCommercial lending experienceMultitaskResponsive to customer needsVerbal communicationWritten communicationTime managementOrganizational skillsSelf-motivator

Required

Minimum of 2 yrs. of loan documentation review and concepts. Either commercial or consumer
Knowledge of commercial credit requirements
Minimum of 2 yrs. of Customer Service experience
Excellent verbal and written communications skills
Ability to handle multiple tasks while ensuring quality and efficiency in a fast-paced environment
Proven ability to maintain productivity levels within assigned standards
Proven self‐motivator with the ability to effectively prioritize work
Ability to coordinate with multiple points of contact (internal and external)
Delivery of world class client experience; customer service focus
Organizational and time management skills
Exceptional sense of urgency
Responsive to customer needs
High School Diploma / GED / Secondary School or equivalent

Preferred

Commercial Lending or Commercial flood insurance experience
Familiarity with various bank platforms, including LIQ, CTS, etc
Knowledge of federal flood insurance regulations

Company

Bank of America

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Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.

H1B Sponsorship

Bank of America has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (780)
2024 (546)
2023 (590)
2022 (759)
2021 (715)
2020 (931)

Funding

Current Stage
Public Company
Total Funding
$3.59B
Key Investors
Berkshire Hathaway
2025-02-20Post Ipo Debt· $386.79M
2024-11-26Post Ipo Debt· $2B
2020-07-28Post Ipo Equity· $400M

Leadership Team

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Charissa Messer
Senior Vice President, Creative Agency Executive (Enterprise Creative Solutions)
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Rami Salem
SVP Strategic Competitive Intelligence
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Company data provided by crunchbase