Loan Coordination Specialist III (Commercial Lending Support Experience Preferred)

Bonus Type

Summary

Do you have a knack for details and organization Interested in the behind the scenes of lending If you are interested in growing your career in commercial loan coordination with an industry-leading provider of sophisticated financial solutions youve come to the right place. Bring your well-developed understanding of lending practices and policies loan documentation requirements and regulations and deposit loan and investment systems knowledge!

Job Description

The Loan Coordination Specialist III supports relationship managers and clients in the closing of the commercial loans ensuring all commercial lending steps flow effectively and efficiently. The LCS III has a comprehensive understanding of role and work is completed with limited review and guidance from LCS IV and Supervisor. Range of customers supported is broader than LCS II and work is moderately complex to complex.

Team Culture

Our team culture is dynamic and energetic. Our environment is enjoyable and inspiring. We tackle each day with a positive attitude and dont take ourselves too seriously. After all laughter is the best medicine and the glue that keeps us together. We are proud of the companys contributions to the organizations we serve. As a team we are deeply connected with our communities committed to social outreach and volunteer and participate in worthy causes.

How Youll Spend Your Time

• Youll order obtain and analyze all pertinent applicant/borrower and property or collateral documentation and verifications related to the processing of loan transactions.
• Youll review credit approvals to determine loan terms and verify equity financial elements and borrow structure with oversight from LCS IV or Supervisor.
• Youll review and approve counsel-prepared or internally-prepared loan documents to ensure credit approval terms and bank policies are accurately incorporated.
• Youll analyze review and structure commercial loan documentation supporting documentation and due diligence to ensure that all loan documents are complete and accurate and communicate with lenders Client Relationship Specialists Credit Services and attorneys to remediate identified discrepancies.
• Youll schedule and facilitate loan closings including working and communicating with customers relationship managers Client Relationship Specialists appraisers attorneys title company personnel and various other vendors to close various type of commercial loan in a timely manner with review from LCS IV or Supervisor as necessary.
• Youll manage and initiate loan funding wires and initial disbursements of new closing proceeds while ensuring loan requirements are properly documented and conditions are met before funding with limited review from LCS IV or Supervisor.

Education & Experience Requirements

Required level of knowledge is normally acquired through completion of an Associates Degree and 4 years experience in a banking or customer service environment or an equivalent combination of education and experience.

• Well-developed understanding of:

• Lending practices and policies
• Loan documentation requirements and regulations
• Deposit loan and investment systems for report generation and information gathering purposes
• Commercial credit analysis
• Loan documentation and lien perfection requirements
• Litigation processes under county state and Federal systems
• Thorough knowledge of BOKF Commercial loan processes and workflows
• Solid Excel and Word experience
• Well-developed oral and written communication skills to effectively represent self and BOKF
• Solid conceptual thinking and analytical skills with the ability to analyze complex problems that include interrelationships and dependencies in order to identify common themes and solutions
• Ability to effectively plan time method manner and sequence of own work assignments

Working Conditions & Physical Requirements