Credit Officer-Special Assets

MidFirst Bank•Oklahoma City, OK

About The Position

Commercial Special Assets Credit Analyst The Commercial Special Assets Department Credit Analyst supports Commercial Special Assets Lending Officers with the management of a portfolio of adversely rated, criticized, classified, and other high-risk commercial loans managed by the Commercial Special Assets Department. Responsible for analyzing borrower and guarantor financial information, assisting with credit risk assessments, supporting asset resolution strategies, and preparing periodic departmental reporting. A working knowledge of both Commercial Real Estate (CRE) and Commercial & Industrial (C&I) credits, strong analytical and organizational skills, and the ability to manage a blend of credit, operational, reporting, research, and administrative responsibilities. Review and analyze financial statements, tax returns, rent rolls, borrowing base reports, appraisals, aging reports, and other credit-related documentation while identifying key credit issues, emerging risks, and trends within the portfolio and communicate findings to Special Assets Lending Officers and Senior Management. Complete research requests related to borrowers, guarantors, affiliates, and collateral – tasks will include gathering and summarizing information from public records, internal systems, and third-party sources regarding litigation, bankruptcies, judgments, liens/UCC filings, real estate ownership, business entity records, collateral positions, other relevant financial or legal matters. Provide administrative support to the department including: taking and distributing meeting minutes, data entry for departmental reports and tracking logs, preparing and mailing letters or other correspondence, maintaining electronic and physical credit files, monitoring follow-up items and due dates, Assist with departmental workflow coordination and ensure records are complete and properly maintained. Contacting bank customers to gather information and/or follow-up on requested items and required financial reporting necessary for exception management.

Requirements

Bachelor’s degree required (preference to Accounting, Finance, Business or Economics).
Professional experience with a financial institution in a similar role for at least 5 years.
Experience with both income-producing real estate credits and operating company/business lending structures.
Experience with completing spreads and written credit analysis reports on borrowers and guarantors.
Solid understanding of Financial Statements and Tax Returns, including General Accepted Accounting Practices.
Proficient with Microsoft Office Suite, especially Excel and Word.
Must reside in Oklahoma City or Plano.

Nice To Haves

Experience with Moody’s Risk Analyst.
Experience with Fidelity Information Services’ IBS Insight.
Experience with Hyland Software’s OnBase.
Experience with Metavante’s BankerInsight.

Responsibilities

Analyze borrower and guarantor financial information.
Assist with credit risk assessments.
Support asset resolution strategies.
Prepare periodic departmental reporting.
Review and analyze financial statements, tax returns, rent rolls, borrowing base reports, appraisals, aging reports, and other credit-related documentation.
Identify key credit issues, emerging risks, and trends within the portfolio.
Communicate findings to Special Assets Lending Officers and Senior Management.
Complete research requests related to borrowers, guarantors, affiliates, and collateral.
Gather and summarize information from public records, internal systems, and third-party sources regarding litigation, bankruptcies, judgments, liens/UCC filings, real estate ownership, business entity records, collateral positions, other relevant financial or legal matters.
Take and distribute meeting minutes.
Perform data entry for departmental reports and tracking logs.
Prepare and mail letters or other correspondence.
Maintain electronic and physical credit files.
Monitor follow-up items and due dates.
Assist with departmental workflow coordination and ensure records are complete and properly maintained.
Contact bank customers to gather information and/or follow-up on requested items and required financial reporting necessary for exception management.