Documentation Risk Specialist II

BOK Financial • Tulsa, OK

2d • $57,000 - $67,000 • Onsite

About The Position

Primarily responsible for analyzing commitments for new, renewed and amended credit transactions for complex loan types in order to determine the documentation required to establish a legally binding contract with the borrower, secure a perfected lien against all intended collateral, and comply with policies and regulations. Review documentation for closed and funded loans to ensure the required documentation has been obtained and track exceptions found. Advises lending staff of documentation issues and ensures proper approval of commitments.

Requirements

• Bachelor’s Degree in Business
• 2-3 years of related experience in Commercial Lending, Collateral or Loan Operations
• Equivalent combination of education and experience

Responsibilities

• Analyze loan worksheets for proposed new loan transactions, determine all necessary documentation required for each transaction and establish a comprehensive closing checklist.
• Ensure proper approval of loans and adherence to policies; enters all follow-ups and exceptions into the tracking system with appropriate tickler dates through our Collateral Management System.
• Prepare or audit complex loans, ensuring proper notes, security agreements, loan agreements, mortgages, disclosures, resolutions, etc., as required for execution at loan closing.
• Establish solid working relationships with vendors and internal departments to keep the loans going in a timely manner, while resolving any outstanding issues.
• Keep vendors accountable by deadline, place orders, and manage reporting, while sending messages to vendors reminding them if they are overdue.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level