Job Description:
About Us
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.
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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!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview
Global Wholesale Banking Operations comprises operations for Commercial and Corporate banking clients. These operations support the business across US, Asia Pacific, & EMEA regions. GBO functions include implementation and servicing of credit, depository and treasury products, processing of payments and processing of trade finance transactions.
Job Description
The Document Preparation team receives the engagements indicating the customers' acceptance of the credit facility and the approved credit structure. The documentation administrator performs required due diligence activities on multiple types of credit - MBPC, PBU, Practice solutions (290). Once complete, loan documents are prepared and forwarded to the client team or client for execution.
Responsibilities
- Maintenance of existing facilities on LIQ
- Due diligence on minimum engagement requirement
- Legal Document Preparation as per the US State clauses
- UCC Filings
- Send legal Documents to Client Managers
- Responsible to carry out appropriate due diligence for each Loan facility.
- Responsible to ensure that the tasks are completed within the given SLAs.
- Need to meet all the applicable KPIs for the business.
- Effective Analytical skills are required to ensure that correct action is taken on each transaction.
- Interact with onshore partners for a quick resolution of issues.
- Be a key contributor to business initiatives that require subject matter expertise.
Requirements
Education
- Graduation (B. Com preferred)
- Certifications If Any
Experience Range
4-7 Years
Foundational skills
- Document Preparation knowledge/ Credit Loan Cycle / Eye for detail
- Should have good oral/written communication skills, banking knowledge
- Excellent time management skills
- Adherence to SLA's - Turn-around-time and Accuracy
Desired skills
- Organized and able to multi-task in a fast-paced environment
- Excellent interpersonal skills; positive attitude; team player; flexible
- Willingness to learn and adapt to changes
- Ability to work independently and self-manage
Work Timings
15:30 - 02:30 IST (Shift Window)
Job Location
Gurugram