Loan Administration Officer (LAO)

BancFirst Corporation • Del City, OK

7d • Onsite

About The Position

Management position responsible for the processes and workflow of the Loan Administration Systems; including staff supervision, note accounting, collateralization, credit file maintenance, and account reconciliations.
The position also acts as the Loan Compliance Officer for both Banking Regulations and BancFirst Loan Policy/Procedure. Position requires periodic travel.

Requirements

• Knowledge of the loan system (Horizon) and the core data processing system (FIS)
• Knowledge of Banking Regulations and BancFirst Loan Policy/Procedure
• Ability to analyze complex financial data and credit memorandums
• Knowledge of maintaining loan portfolio including, but not limited to: managing loan covenants & loan quality
• Knowledge of accounting, finance or related fields (experience or degree preferred)
• Demonstrated ability to act as a subject matter expert as the need arises
• Demonstrated ability to successfully interact with others (both internal and external) in order to achieve the desired outcome or to resolve issues
• Demonstrated ability to manage people and achieve desired results
• Demonstrated strong customer service ability
• Demonstrated ability to think critically
• Demonstrated ability to analyze and improve department workflow
• Strong communication skills both verbal and written
• Strong interpersonal skills
• Strong supervisory skills with a focus on achieving results as a team
• Proficient in computer usage including, but not limited to Word and Excel
• Must be confident and possess the ability to stand firm in the face of opposition
• Must be organized
• Must be flexible and willing to work additional hours as the need arises
• Must be able to work under stress and deadlines

Responsibilities

• Understand the loan system (Horizon) as it relates to the core data processing system (FIS) and demonstrate the ability to troubleshoot issues
• Understand the general ledger process as it relates to the loan function and demonstrate the ability to troubleshoot issues
• Understand the loan documentation system
• Responsible for overall loan compliance
• Responsible for managing, and can readily back-up, the process of preparing loan documents, booking loans, correcting reconcilement issues, posting loan payments and maintaining the loan file
• Responsible for collateral perfection
• Responsible for tracking/reporting credit exceptions
• Responsible for maintaining, reconciling and reporting charged-off loans, acquired loans, purchased loans, loan participation and specific allocations
• Responsible for credit life reconcilement, rebates, vendor assistance, incentive programs and other life insurance issues
• Responsible for the process of accurately and timely reporting (i.e. routine and ad hoc reports) to the support center while ensuring appropriate approval, if necessary
• Responsible for managing staff (loan operations staff and loan administrative staff) with focus on consistent communication, training and cross-training
• Responsible for related Ad hoc projects/assignments/tasks/reports

Benefits

• Employees enjoy excellent benefits and a learning environment that allows them to continuously improve their skills to deliver highly personalized service to customers.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees