Operations Consultant - Global Specialized Credit Ops

Company:  Bank of America
Location: Chicago
Closing Date: 20/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Line of Business Job Description:

Operations Consultant/Documentation Administrator is responsible for independently coordinating the preparation and review of loan/lease documentation, funding, and set-up on the system of record for Leasing and Equipment Finance within Global Operations.

Job Responsibilities:

  • Advises on the design, development, and implementation of complex products, systems, and services in an operations environment using discretionary judgment.
  • Directs activities of a team related to special initiatives.
  • Acts as a technical expert in assigned area, providing an understanding of the business unit's operations processes and implications on other groups within the operations function.
  • Consults on present-state, develops alternative future-state approaches, and facilitates implementations by creating a clear and coherent approach to guide effective program/initiative setup, execution, and control.
  • Identifies and recommends responsibilities and accountabilities for key programs/projects.

Line of Business Responsibilities:

  • Independently coordinate preparation and review of loan/lease documentation, funding, and set-up on the system of record.
  • Provide a consistently high level of service to Vendors/Customers in a timely manner.
  • Perform assigned tasks quickly and efficiently, responding to requests for information, communicating issues to appropriate parties, and ensuring that responses to customers are prompt, professional, and courteous.
  • Interface daily with underwriters, portfolio managers, customers, and other internal business partners.
  • Update Exceptions Tracking System for receipt of lease/loan monitoring requirements.
  • Interface with Records Administration to ensure proper routing and scanning of documents.
  • Handle exception escalation/reporting/resolution in conjunction with the Credit Team and external business partners.
  • Utilize and review a variety of systems and reporting tools required to support all above-mentioned tasks.
  • Participate in special projects as required.

Required Qualifications:

  • Lending documentation experience.
  • Highly proficient in Word and Excel.
  • Detail-oriented with a strong ability to multi-task in a fast-paced environment.
  • Self-starter with excellent verbal, written, and interpersonal skills.

Desired Qualifications:

  • Knowledge of the Uniform Commercial Code.
  • Knowledge of motor vehicle titles.
  • Knowledge of commercial insurance.
  • Knowledge of Supertrump and T-Value.

Skills:

  • Customer and Client Focus.
  • Problem Solving.
  • Risk Management.
  • Adaptability.
  • Attention to Detail.
  • Collaboration.
  • Critical Thinking.
  • Issue Management.
  • Analytical Thinking.
  • Decision Making.
  • Oral Communications.
  • Presentation Skills.

Shift:

1st shift (United States of America)

Hours Per Week:

40

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