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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!
Job Description:
The primarily responsibility of the PCLS role is perfecting the bank's collateral by tracking and clearing collateral and documentation exceptions, UCC continuations and monitoring various types of Hazard Insurance renewals. Responsible for maintaining Excellent Composite Asset Quality Indicators (CAQI) related to exception clearing activities. Monitors collateral/documentation exceptions reports for the receipt of trailing loan documentation. Monitors system of record ticklers for upcoming expirations of hazard insurance policies. Makes telephone contact with Insurance Agents requesting the renewed hazard insurance policy. Monitors system of record ticklers for upcoming expiration of UCCs. Processes the UCC3 continuations via the bank's vendor. Records Custom Mortgage Loan exceptions on the loan system of record. Partners with Credit Managers and Client Teams to resolve outstanding exceptions.
Skills:
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Required Background
Must be a current Year Up intern of Bank of America
Shift:
1st shift (United States of America)Hours Per Week:
40Full Time
Banking
$52k-72k (estimate)
05/09/2024
05/31/2024
bankofamerica.com
FARMINGTON, NM
>50,000
1968
LINDA BOYCE
>$50B
Banking
Bank America is an insurance company based out of P.O. BOX 15292, Richmond, Virginia, United States.