Special Assets Officer I 75714
Special Assets Officer I 75714
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Job Description
Req ID:75714
Location:Tulsa TUL Dallas DAL
Areas of Interest:Credit Administration; Accounting; Collections; Commercial Analyst; Commercial Banking; Commercial Banking Business Banking; Commercial Banking Commercial Real Estate; Commercial Banking Energy; Commercial Banking Food and Commodities; Commercial Banking Health Care; Commercial Banking Heavy Equipment; Commercial Banking Syndications; Commercial Credit Analyst; Lending; Loss Prevention; Portfolio Management; Professional; Relationship Management; Underwriting
Pay Transparency Salary Range:Not Available
Application Deadline:04/30/2025
BOK Financial Corporation Group includes BOKF NA; BOK Financial Securities Inc. and BOK Financial Private Wealth Inc. BOKF NA operates TransFund and Cavanal Hill Investment Management Inc. BOKF NA operates banking divisions: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial.
Bonus Type
Summary
Our Credit Administration team expertly manages the banks credit risk and ensures the quality of our loan portfolio. They oversee credit approvals continuously monitor loan performance and ensure strict compliance with policies and regulations. By maintaining strong asset quality and minimizing credit losses this team plays a crucial role in supporting the banks overall objectives.
Job Description
The Special Assets II position has a primary responsibility for management of troubled commercial loans to better secure with collateral equity or other assets of the borrower and other activities designed to preserve the loan principal gather interest as possible and prevent the loan from being charged off. Includes negotiation of payment structures with the customers to ensure repayment of loans initiates litigation when necessary inspects properties and market properties for sale. Additionally this position may handle other Credit Administrative responsibilities that serve to aid various lines of business.
Team Culture
At BOKF we are committed to a culture of precision integrity and collaboration. We value proactive risk management and teamwork ensuring a supportive environment for both professional and personal growth. Join us and become part of a team that upholds these core values and strives for excellence in every aspect of our work.
How Youll Spend Your Time
- You will monitor loan repayment schedules contact customers with overdue payments and ensure collection through various communication methods.
- You will negotiate loan repayment terms with customers and associated parties to secure additional equity or limit bank losses.
- You will oversee an early warning system for a loan portfolio implement workflow changes to improve performance and communicate with administration.
- You will determine the need for litigation manage ongoing cases testify in proceedings and handle bankowned assets including marketing real estate for maximum sales proceeds.
- You will coordinate with various officials to ensure compliance with laws and regulations manage office administration tasks and track real estate taxes and environmental policy compliance.
Education & Experience Requirements
This level of knowledge is normally acquired through completion of a Bachelors Degree and 7 years of experience in special assets management.
- Excellent and understanding of business lending procedures and common errors encountered
- Thorough knowledge of loan documentation and perfection requirements
- Excellent knowledge of accounting principles and procedures
- Excellent PC skills
- Excellent knowledge of the litigation process under county state and federal systems
- Excellent ability to negotiate in both cooperative and hostile environments
BOK Financial Corporation Groupis a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees.With passion skill and partnership you can make an impact on the success of the bank customers and your own career!
Apply todayand take the first step towards your next career opportunity!
The companies in BOK Financial Corporation Group are equal opportunity employers. We are committed to providing equal employment opportunities for training compensation transfer promotion and other aspects of employment for all qualified applicants and employees without regard to sex race color religion national origin age disability pregnancy status sexual orientation genetic information or veteran status.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
