• Job Description

  Req#: 25034063

  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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
  
  Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
  
  Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
  
  At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
  

  Job Description:
  This job is responsible for loan documenting, boarding, collateral perfecting and monitoring for a specific market segment. Key responsibilities include ensuring that loan documentation and lien perfection meet bank policies and procedures and that work product is delivered accurately and timely. Job expectations include interacting with business partners to achieve their defined business objectives.

  
  Responsibilities:

  • Develops strong operational management metrics
  • Provides coaching to less experienced employees
  • Supports executive-level clients
  • Identifies process inefficiencies and makes necessary process improvements, in order to improve client experience
  • Communicates effectively
  • Identifies root cause of issues; drives issue remediation
  • Builds strong relationships with business partners

  Managerial Responsibilities:
  This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above. . The ability to handle multiple tasks while balancing the need for both quality and efficiency in fast paced metric-centric environment is a necessity. Will be held accountable to metrics on SLA and accuracy. Ability to suggest approaches to meet Client needs rather than relying strictly on procedures.

  • Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully.

  • Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement.

  • Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results.

  Required Skills:

  • Minimum of 3 years experience with approving documentation and pre-close due diligence for commercial or consumer loans

  • Minimum of 2 years experience as a manager or team lead or SME, managing large group with complex pipelines and challenging deliverables

  • Previous experience leading projects

  • Strong business acumen

  • Excellent communication both written and oral

  • Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks.

  • People Manager & Coach: Knows and develops team members through coaching and feedback.

  • Financial Steward: Manages expenses and demonstrates an owner’s mindset.

  • Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth.

  • Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.

  Desired Skills:

  • College Degree or equivalent experience with commercial credit.

  Skills:

  • Issue Management

  • Prioritization

  • Relationship Building

  • Risk Management

  • Coaching

  • Legal Structures and Legal Forms

  • Oral Communications

  • Problem Solving

  • Written Communications

  • Attention to Detail

  • Business Operations Management

  • Process Performance Measurement

  • Process Simplification

  • Quality Assurance

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

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - MA - Waltham - 1025 Main St - 1025 Main St - Waltham (MA6536)

  Pay and benefits information

  Pay range

  $76,900.00 - $113,500.00 annualized salary, offers to be determined based on experience, education and skill set.

  Discretionary incentive eligible

  This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

  Benefits

  This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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