Bank of America · 12 hours ago
Relationship Administrator II
Bank of America is committed to making financial lives better through every connection. The Relationship Administrator II role is responsible for leading the pre-closing and closing process on basic real estate commercial construction loans, ensuring compliance with servicing agreements and managing documentation requirements.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Manages construction draw packages, identifies and helps resolve construction and title issues, keeps accurate records of detailed construction loan budgets and all sources of funds, including loan funds and non-loan sources of funds, and ensures loans are in balance
Leads servicing matters for deals and delivers the highest level of service to lenders, investors, borrowers, vendors, and Lines of Business while ensuring compliance with servicing agreements, government regulations, and the bank's policies with minimal supervision
Coordinates fundings as needed and ensures communications are timely and accurate
Performs payoff quotes and related calculations including prepayment calculations
Facilitates the direction of workflow and performance of quality assurance activities
Performs monitoring, research, and the instruction of payment processing for borrower payments, disbursements, and fees and collects appropriate fees due from the lender or servicer
Maintains past due principal, interest, and fees as well as reconciliation exceptions within acceptable levels
Qualification
Required
Has two or more years of commercial real estate loan administration experience
Familiarity with commercial credit or commercial loan terminology
Experience with reading, interpreting, and analyzing complex legal documentation such as credit agreements, and amendments
Highly organized, proactive, and able to plan, prioritize and manage deliverables
Strong written and verbal communication skills; able to target messaging to different audiences
Effective problem-solving skills
Proficient computer skills, including Windows, Excel, Word, and Outlook
Can work independently while balancing early escalation to ensure seamless closing
Adapts well to a quickly evolving environment
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Preferred
Finance, accounting, or mathematical background experience with LoanIQ, ACBS, or similar booking platform
Funding experience payments/advances to commercial loan clients
Bachelor's degree or equivalent loan administration experience
Company
Bank of America
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 CompanyTotal Funding
$3.59BKey Investors
Berkshire Hathaway
2025-02-20Post Ipo Debt· $386.79M
2024-11-26Post Ipo Debt· $2B
2020-07-28Post Ipo Equity· $400M
Leadership Team
Recent News
2026-01-17
2026-01-17
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