Collateral Specialist II

Req ID: 74131

Location: Tulsa -TUL

Areas of Interest: Bank Operations; Commercial Banking; Consumer Banking; Consumer Operations; Mortgage Operations

Pay Transparency Salary Range: Not Available

BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states - Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies

Bonus Type

Discretionary

Summary

Invest in your career with us! Looking for a job where a passion for innovation, opportunities for growth are valued and a culture of teamwork exists? You've come to the right place.

Job Description

Primarily responsible for recording liens and preparing lien release documents for paid in full accounts for Consumer and Commercial portfolios by analyzing commitment/worksheets, loan systems, new, renewed and amended loan/collateral documentation. Advises lending staff on documentation issues, lien filing issues, and ensures proper approval for partial release transactions.

Team Culture

Mission Statement: Collateral Services strives to support and protect the collateral needs of all BOKF affiliates through efficient, responsive, and meticulous collateral perfection and release processing

Motto: "Where all liens begin and end"

Open communication, collaboration, and team work are vital. The team is always put first, and team members back up one another. The atmosphere is open and transparent.

As a team we are deeply connected with our communities, committed to social outreach, and volunteer and participate in worthy causes. We are proud of the company's contributions to the organizations we serve. We have a great opportunity to give back to our communities.

How You'll Spend Your Time

• You'll determine appropriate actions to be taken to ensure proper release of all collateral items.
• You'll analyze commitment/loan worksheets, note, loan and security agreements for lien release/paid-in-full transactions including renewals and/or collateral amendments.
• You'll seek solution to avoid potential collateral lien weaknesses.
• You'll ensure proper approval of loans and adherence to policies to ensure loans are closed in exact accordance with the approved commitment.
• You'll enter all follow-ups and exceptions into the WITS exception tracking system.

Education & Experience Requirements

This level of knowledge is normally acquired through an Associate's Degree in Business along with 3 or more years of experience in loan processing or equivalent combination of education and experience.

Working Conditions & Physical Requirements

Office

BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!

Apply today and take the first step towards your next career opportunity!

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.

Please contact [email protected] with any questions.