Senior Retail Loan Processor

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for processing vehicle loans and leases approved by an Underwriter, in preparation for funding. Key responsibilities include reviewing and collecting of documentation and working with clients, including auto dealerships, to meet funding conditions. Job expectations include maintaining a high level of customer service with internal business partners and external customers, proactively identifying and resolving transactional issues.

Responsibilities:

• Maintains a high level of customer service
• Manages and prioritizes tasks to decision credit requests within required Service Level Agreement period
• Clears conditions and completes the final loan approval
• Applies knowledge of funding policies, procedures, and regulatory requirements
• Analyzes collateral documentation to ensure adherence to policy guidelines
• Reviews loan documents to finalize and complete funding

Required Qualifications:

• Must have current Dealer Funding experience

Skills:

• Collaboration
• Credit Documentation Requirements
• Customer and Client Focus
• Problem Solving
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Oral Communications
• Recording/Organizing Information
• Data Management
• Research
• Written Communications

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NV - Las Vegas - 1351 N Town Center Dr (NV1507), US - VA - Richmond - 8011 VILLA PARK DR - VILLA PARK OPS CENTER BLDG B (VA2125)

Pay and benefits information

Pay range$25.00 - $34.35 hourly pay, offers to be determined based on experience, education and skill set.

Predictable pay

This role is compensated with a base salary and is not incentive eligible.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.