Document and Accounting Administrator III - Global Operations

Back to search results Document and Accounting Administrator III - Global Operations Charlotte, North Carolina; Riverside, Rhode Island; Atlanta, Georgia; Jacksonville, Florida; Plano, Texas; Chicago, Illinois; Phoenix, Arizona Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge 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 a diverse and 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.At Bank of America, you can build a success 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. l career with opportunities to learn, grow, and make an impact. Join us!Job Description:Global Credit Operations: Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade productsThis job is responsible for preparing and reviewing documentation in accordance with the bank's policies and procedures to facilitate closings with the client and ensure lien perfection. Key responsibilities include working on highly complex documentation, supporting Loan Administrators with their primary responsibilities, and assisting the Market Leader in directing workflow and performing quality assurance. Job expectations include working with company vendors, legal counsel, line partners, and clients to ensure world class documentation accuracy.This role is responsible for the core day-to-day operations functions for Community Development Banking (portfolio size is ~1200 partnerships, $14B). This includes funding and booking new deals, cash receipts, updating financial models, preparing journal entries, monitoring cash accounts, reconciliation support, leading and directing daily responsibilities for team. This position will also from time to time be engaged in the testing of the in-house accounting system CARMA (Commercial Asset Risk Management Application). Business partners include the FLU, Global Banking Controllers team, Business Finance officers, Global Business Services, internal/external Audit.Responsibilities:Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable reworkReviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirementsDesigns a robust filing and organizational process to assist in completing primary financial booking and initial loan fundingWorks closely with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactionsServes as a point of contact on all investment related servicing matters for highly complex deals and delivers the highest level of service to the Line of Business and Finance while ensuring compliance with servicing agreements, government regulations, and the bank's policies with minimal supervisionCompletes fundings, cash receipts and bookings daily and ensures communications are timely and accurateAssists Equity Administrators and Asset Mangers with their primary responsibilities and helps in recording activities in the system of record and general ledgerMonitors, researches, and instructs payment processing for return of capital payments, disbursements, and feesPrepares and posts journal entries on E Ledger and OracleMaintains reconciliation exceptions/aging within acceptable levelResponds to internal and external auditors on SOX key controlsUpdates financial models using the in-house Accounting System, CARMARequire Skills:Minimum of 3 yrs. direct Accounting experienceExperience with General Ledger entriesFinancial analysis and reportingProficient experience with Legal Structures and Legal Forms Ability to prioritize and proactively manage responsibilitiesEffective problem solving skills and ability to perform independent researchExcellent written and verbal communication skillsProficient computer skills, including Microsoft SuitComfortable interacting with Front Line Unit and Finance teamsDesired Skills:Bachelor's degree in Accounting preferredCommercial or asset based lending experienceeLedgerPrior experience with tax credit investments and/or real estate partnershipsSkills:Problem SolvingReportingCommunication, Written & OralAttention to DetailsOrganizational skillsCollaborativeMinimum Education Requirement: Associate Degree in Accounting/FinanceShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26029959 Manages People: No Travel: No Age requirement: Must at least be 18 years of age. Illinois pay and benefits information Illinois pay range: $30.25 - $44.27 hourly pay, 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 Rhode Island pay and benefits information Rhode Island pay range: $30.25 - $44.27 hourly pay, 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 Share: Save job Job saved