Loan Coordination Specialist III (Commercial Lending Experience Required)
Houston, TX 
Share
Posted 8 days ago
Job Description

Req ID:75060

Location:Houston -HOUS, Dallas -DAL

Areas of Interest:Commercial Banking; Commercial Loan Processing; Complex Commercial Loan Processing

Pay Transparency Salary Range:Not Available

Application Deadline:07/31/2024

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
Discretionary
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!

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 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.
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
Working Conditions & Physical Requirements
Office

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.

Please contactrecruiting_coordinators@bokf.comwith any questions.


BOK Financial is an equal opportunity employer. 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, sexual orientation, genetic information or veteran status.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Associate Degree
Required Experience
4+ years
Email this Job to Yourself or a Friend
Indicates required fields