Job Description

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, you've 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!

About the Role

As a Loan Coordination Specialist III (LCS), you will support relationship managers and clients in closing commercial loans, ensuring all commercial lending steps flow effectively and efficiently. You will have a hand in underwriting/compliance phase, closing, funding, boarding, portfolio management and servicing. Our commitment to you is a positive work environment, a deep connection to our communities, and a focus on putting our clients first.

What You Can Expect

On any given day, you will be working on commercial loans at various stages in the process. You will have a diverse range of customers and portfolio accounts that will have mid to high complexity levels. You will have considerable discretion to independently execute your job duties, seeking confirmation on the most complex issues. You'll review the necessary controls to ensure accuracy and integrity in the customer and bank data, ensure compliance with bank policies, and mitigate risk by following established procedures. As a subject matter expert, you will mentor other Loan Coordination Specialists.

Team Culture

Our team culture is dynamic and energetic. Our environment is enjoyable and inspiring. We tackle each day with a positive attitude and don't take ourselves too seriously.  After all, laughter is the best medicine and the glue that keeps us together.  We are proud of the company's 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 You'll Spend Your Time

You'll order, obtain, and analyze all pertinent applicant/borrower and property or collateral documentation and verifications related to the processing of loan transactions.
You'll review credit approvals to determine loan terms, and verify equity, financial elements, and borrow structure, with oversight from LCS IV or Supervisor.
You'll review and approve counsel-prepared or internally-prepared loan documents to ensure credit approval terms and bank policies are accurately incorporated.
You'll 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.
You'll 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.
You'll 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.

We'd Like to Talk to You

RELATIONSHIP BUILDER:  You can relate to any audience and build trust by leveraging your strong interpersonal skills and a high level of integrity.

RESULTS ORIENTED: You'll consistently maintain high levels of productivity, solve challenging problems, work with ambition, efficiency, and determination to meet and/or exceed goals.

COLLABORATION: You enjoy working in teams and across departments with proficiency to follow-up and follow-through.

COMMUNICATION: You'll need exceptional verbal and written communication to express yourself clearly and concisely to internal and external clients.

DETAIL ORIENTED:  You will follow our established standards and have good judgment so you can escalate situations when appropriate. Accuracy, follow up and follow-through are vital for this role. 

Education & Experience Requirements

Required level of knowledge is normally acquired through completion of an Associate’s 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