Special Assets Officer I

BOK Financial • Tulsa, OK

1d • Onsite

About The Position

The Special Assets Officer I manages, analyzes, and reviews troubled commercial loans across specialty and general lending lines. The role works to protect loan principal, collect interest where possible, and prevent charge-offs by securing loans with collateral, equity, or other borrower assets. Responsibilities include negotiating repayment structures with customers, initiating litigation when needed, inspecting properties, and marketing properties for sale. The position may also take on administrative work that supports the Special Assets department and helps improve its efficiency.

The officer is trained to underwrite commercial loans across the bank’s lending areas and supports Special Assets staff through analysis, reporting, task coordination, risk-mitigation strategies, and tracking of classified assets. The role collaborates with other Special Assets officers and assists with obtaining resources to understand weaknesses in inherited files.

Requirements

• Bachelor’s degree in Finance, Accounting, or a business-related field, with a minimum of 9 accounting hours; listed as preferred.
• At least one year of commercial banking analysis experience.
• Solid understanding of accounting principles and procedures.
• Solid understanding of commercial credit analysis.
• Solid understanding of loan documentation and lien-perfection requirements.
• Solid understanding of 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 represent oneself and BOKF effectively and present complex information clearly and concisely.
• Developing conceptual-thinking and analytical skills, including the ability to analyze complex problems with interrelationships and dependencies to identify common themes and solutions.
• Strong organizational skills.

Nice To Haves

• Bachelor’s degree in Finance, Accounting, or a business-related field with a minimum of 9 accounting hours.

Responsibilities

• Manage, analyze, and review troubled commercial loans from specialty and general lending lines.
• Seek to secure loans with collateral, equity, or other borrower assets and preserve loan principal, collect interest where possible, and prevent charge-offs.
• Negotiate payment structures with customers to ensure loan repayment.
• Initiate litigation when necessary.
• Inspect properties and market properties for sale.
• Perform administrative responsibilities that support the Special Assets department and its efficiency.
• Underwrite commercial loans for every lending area in the bank after training.
• Analyze loans of varying dollar exposure across bank areas and create reports and forms to support Special Assets staff.
• Analyze internal department requests and determine efficient ways to complete tasks within deadlines.
• Collaborate with other Special Assets officers to create and execute strategies to mitigate risk and loss.
• Create classified-asset tracking to support the department’s advisory function and the migration of troubled credit.
• Assist in acquiring resources that help Special Assets Officers understand inherited file weaknesses.

Benefits

• Excellent training and development to support long-term employee careers.

What This Job Offers

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