Special Assets Officer I

If you are interested in a career in Credit Administration with an industry-leading provider of sophisticated financial solutions, you've come to the right place. Our commitment to you is a positive work environment, a deep connection to our communities, and a focus on putting our clients first. We believe no challenge is too big, and no opportunity is too small when we work together to build relationships.

The Special Assets Officer I position has a primary responsibility for management analysis and review of troubled commercial loans from all specialty and general lending lines, 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 more administrative responsibilities that serve to aid the Special Assets department. This position aids in department efficiency and fills in where needed.

We are committed to building an encouraging, caring, and supportive team environment that fosters personal development and professional growth. We are owners.Every day, we take initiative-with integrity and courage-to make our company and our clients stronger.

• You will be trained and capable of commercial loan underwriting for every lending area in the bank.
• You will actively analyze and create reports and forms to support the Special Assets staff on loans of varying dollar exposure and all areas of the bank.
• You will analyze internal department requests and determine the most efficient and expedient way to complete tasks timely and within deadlines.
• You will collaborate with other Special Assets officers to create and execute effective strategies to maximize mitigation of risk and loss.
• You will create critical, classified asset tracking that supports Special Assets' advisory function and migration of troubled credit.
• You will assist in resource acquisition to aid the Special Assets Officers to gain full comprehension of inherited file weaknesses.

This level of knowledge is normally acquired through completion of a Bachelor's Degree in a Finance, Accounting or Business-related field with minimum 9 Accounting hours, preferred

• Minimum of one year of commercial banking analysis experience
• Solid understanding of:
  • Accounting principles and procedures
  • Commercial credit analysis
  • Loan documentation and lien perfection requirements
  • Litigation processes under county, state, and Federal systems
• Strong Excel and Word experience
• Ability to use Salesforce platforms including, INC
• Well-developed oral and written communication skills to effectively represent self and BOKF, as well as ability to present complex information and issues in a clear and concise manner
• Developing 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
• Strong organizational skills