18 Oct
|
Bank of America
|
Toronto
18 Oct
Bank of America
Toronto
Job Description Primary responsibility is to support loan related servicing on a complex Corporate and Commercial credit portfolio. With supervision, assist a Credit Servicing team to deliver the highest level of service to agents, lenders, borrowers, and internal business units while ensuring compliance with credit agreements, government regulations and policies/procedures. Support processing of credit facility transactions into the system of record with quality control validations. Monitor assigned credit facilities and loan accounts to ensure loan fundings, repayments, interest and fees comply with credit agreements, loan documentation, lender or borrower instructions, internal procedures, and approvals. Monitor and action past dues and reconciliation exceptions.
Assist managers in performing portfolio quality assurance and control monitoring. The co-op student will gain basic understanding of Corporate and Commercial credit-related products and experience with credit documentation, credit facility servicing and loan platforms. Responsibilities Service loan requirements for a global and regional corporate and commercial credit portfolio, acting in agency, participant, and sole lender roles Process loan accounting entries, commitment and loan records, loan statements, interest and fee billings, intra-day wire
📌 Canada | Toronto | Credit Service Operations Co-Op | Winter 2027
🏢 Bank of America
📍 Toronto