Credit Services Rep II - Asset Based Lending Servicing Team

Job Description:

Asset Based Lending direct client contact handling moderately complex customer problems and issues for assigned accounts. Requires a minimum amount of day-to-day supervision. Is able to handle detailed instructions under pressure and a relatively high volume of credits. Has a good working knowledge of the various credit-related products and a good understanding of loan/credit documentation. Takes initiative to work through issues. Is able to perform well in a cross-functional team environment. Typically requires at least 1 to 3 years of experience.

*Job Description and Responsibilities / Additional Information:

  • 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 Tranche 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: 'Must' have these skills to be minimally qualified.

  • 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: Outlook, Excel, Word and Power Point

*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.

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0 -->

Job Description:

Asset Based Lending direct client contact handling moderately complex customer problems and issues for assigned accounts. Requires a minimum amount of day-to-day supervision. Is able to handle detailed instructions under pressure and a relatively high volume of credits. Has a good working knowledge of the various credit-related products and a good understanding of loan/credit documentation. Takes initiative to work through issues. Is able to perform well in a cross-functional team environment. Typically requires at least 1 to 3 years of experience.

*Job Description and Responsibilities / Additional Information:

  • 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 Tranche 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: 'Must' have these skills to be minimally qualified.

  • 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: Outlook, Excel, Word and Power Point

*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.

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description: Asset Based Lending direct client contact handling moderately complex customer problems and issues for assigned accounts. Requires a minimum amount of day-to-day supervision. Is able to handle detailed instructions under pressure and a relatively high volume of credits. Has a good working knowledge of the various credit-related products and a good understanding of loan/credit documentation. Takes initiative to work through issues. Is able to perform well in a cross-functional team environment. Typically requires at least 1 to 3 years of experience.

*Job Description and Responsibilities / Additional Information:

  • 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 Tranche 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: 'Must' have these skills to be minimally qualified.

  • 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: Outlook, Excel, Word and Power Point

*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
Company
Bank of America
Posted
09/12/2021
Type
Full time
Location
Richardson, TX 75080, US