Loan Administration Officer (LAO)

Loan Administration Officer (LAO)

Mid-Del, OK

JOB SUMMARY:

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.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

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

PHYSICAL REQUIREMENTS

Constant use of computer screens

Ability to operate a computer keyboard, use hand to finger, handle or feel, reach with hands and arms, and talk, see or hear

Intermittently standing, stooping, bending at the waist, walking, kneeling or crouching

Ability to sit and/or stand for long periods of time during the workday

Long periods of typing and repetitive motion

Ability to lift and/or move and carry up to 10 pounds

LOCATION

BancFirst, Oklahoma City

4200 S Sunnylane Rd

Del City, OK 73115

HOURS

Full Time

8:00 a.m. to 5:00 p.m. M-F

Hometown service, statewide strength.

BancFirst is committed to investing in the future of Oklahoma communities. BancFirst is a $14 billion bank offering personal and commercial products, trust, insurance, and investment services in sixty Oklahoma communities. Employees enjoy excellent benefits and a learning environment that allows them to continuously improve their skills to deliver highly personalized service to customers. EOE - BancFirst is an Equal Opportunity employer.

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