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Bank of America

Credit Services Rep II

Posted 7 Days Ago
Be an Early Applicant
2 Locations
Junior
2 Locations
Junior
The Credit Services Rep II manages asset-based loan facilities, processes transactions, analyzes client activities, and reconciles accounts while ensuring compliance with lending standards.
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Job Description:

Job Description:

Customer service representative responsible for a dedicated portfolio of asset based loan facilities.

Process, analyze and evaluate daily client activity, monitor the receipt of client reports, review the content for irregularities and/or discrepancies and follow up with the client and Loan Officer.

Reconcile client Accounts Receivable agings, perform ineligible calculations for Accounts Receivable and Inventory collateral accurately, timely and in compliance with Loan Servicing Standards.

Process loan and collateral transactions

Monitor Libor loans.

Reconcile Letter of Credit Information with detail.

Reconcile interest and fees with maturity and due dates.

Prepare/verify Participation principal, interest and fee settlements.

Review loan documentation.

Perform assigned functions/tasks within the team.

 

 Required skills:

  • Commercial credit fulfillment, servicing, operations or lending experience
  • Customer Focus
  • Analytical, Conceptual Thinking
  • Information Seeking (goes beyond questions that are routine or required in the job)
  • Ability to identify and escalate risk
  • Accountable, Takes Ownership
  • Highly Accurate
  • Quick learner with aptitude and ability to adjust to a dynamic technological environment
  • Excellent communicator both oral and written
  • Excellent organization
  • Excellent time management
  • Working knowledge of Microsoft Office

 

Desired Skills:

  • Asset Based Lending experience
  • Commercial credit fulfillment, servicing, operations or lending experience
  • Four (4) year College Degree (college level accounting courses) or 3 to 4 years related experience, or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Top Skills

MS Office
HQ

Bank of America Charlotte, North Carolina, USA Office

100 North Tryon Street, Charlotte, NC, United States, 28202

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