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Asset Lending Analyst

Oklahoma City, OK, US

Req ID: 50189 

Areas of Interest: Credit Administration 

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.

Upon application to this position, you will be taken directly to an assessment. This assessment measures the job-related qualities that make a person productive by evaluating thinking and reasoning style, behavioral traits, and occupational interests. Please be sure you have 30-45 minutes to complete this. You will not be able to stop and return once you begin. It is recommended that you complete the assessment in a quiet setting without distractions.

Open to Position Placement in Oklahoma City, Tulsa, or Denver

 

The Asset Lending Analyst is primarily responsible for analyzing loans secured by accounts receivable and inventory in order to monitor, report, and control the advances on loans governed by borrowing bases. This position is also responsible for reporting exceptions and out of compliance issues to CCO, preparing monthly borrowing base status reports; training of new analysts; training and assisting account officers and customers in borrowing base procedures; providing support to Environmental Risk Management with REGIS transaction for vendor invoices and fees charged for environmental reviews; assisting with on site audits of borrowers’ books, records, inventory, and equipment at their place of business to provide information regarding the pledged collateral, short term business trends, internal controls of a company, and management quality.

PRINCIPLE DUTIES AND RESPONSIBILITIES:

  1. Analyzes accounts receivable aging reports and settlement statements submitted by customer; establishes and maintains customer’s borrowing base to control advances. Updates borrowing base advance procedures as needed and works with Credit Services personnel on a regular basis to reduce the likelihood of over advancing. Reviews over advance report and reports out of compliance issues to Management.
  2. Analyzes and verifies Borrowing Base certificates prepared and forwarded to the Bank by the customer; identifies discrepancies; assists Account Manager in resolving problems with customer. Assists Account Managers with understanding and application of borrowing base policy and procedure. Identifies negative trends and notifies Asset Lending Manager, CCO and account officer.
  3. Coordinates all 3rd party/external audit requests. Monitors and controls completion of the audit.
  4. Coordinates monthly reporting of the Borrowing Base Status Report to the Asset Lending Control Manager and Senior Loan Committee. Collects information and analyzes for negative trends and out of compliance issues. Maintains audit status report for field auditors.
  5. Coordinates reporting for Asset Lending Control Quarterly Report for executive management. Includes Borrowing Base information by market and line, environmental reviews performed by month.
  6. Performs and maintains records of REGIS transactions for EDR vendor invoices and for fees charged to the lending line for environmental reviews.
  7. Assists with training of new analysts, account officers (at conversion of new banks) and trainees in analysis and procedures of borrowing base.
  8. Identify unreported borrowing base loans through periodic reviews and reports to Asset Lending Manager and field auditors. Reviews Commitments/Loan Agreements for exceptions and audit criteria. Provides audit background information for field audits.
  9. Assists Loan Review, Credit Specialists and Special Assets with Borrowing Based Loan information and criteria.

 


KNOWLEDGE, SKILLS and ABILITIES:

 

  • Strong working knowledge and understanding of accounting and credit principles, lending functions, and loan analysis
  • Thorough understanding and application of the Bank’s commercial asset lending policies and procedures
  • Strong PC and spreadsheet software skills
  • Excellent oral and written communications skills
  • Strong customer contact/interpersonal skills

This level of knowledge is normally acquired through completion of a Bachelor’s Degree in Finance or Accounting and 5 years experience in asset lending related function OR equivalent work related experience of 10 years.

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!

Upon application to this position, you will be taken directly to an assessment. This assessment measures the job-related qualities that make a person productive by evaluating thinking and reasoning style, behavioral traits, and occupational interests. Please be sure you have 30-45 minutes to complete this. You will not be able to stop and return once you begin. It is recommended that you complete the assessment in a quiet setting without distractions.
 
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.

Attention All Third Party Agencies, Headhunters, and Recruiters
BOK Financial and its Subsidiaries will not accept candidate submission by unsolicited third parties through this site or any company email address. All unsolicited candidates presented to BOK Financial and its Subsidiaries will be considered the property of BOK Financial. BOK Financial and its Subsidiaries will not be responsible for any fees associated with unsolicited candidates, nor will a contractual relationship be formed by the submission. BOK Financial and its Subsidiaries are not obligated and will not under any circumstances pay any fees to said third parties submitting candidates in this manner. BOK Financial and its Subsidiaries only forms contracts with recruiters with whom we have an established business relationship and with whom we have in place a signed agreement. All contact with BOK Financial and its Subsidiaries from third parties must be through our Human Resources Department. Any contact made outside of the BOK Financial Human Resources Department by a third party will cancel any future business relationships between the third party and BOK Financial.


TOP 3 REASONS TO APPLY


Investing in our talent and building a great workplace is a top priority at BOK Financial.


  • Empowered employees
  • Award-winning culture
  • Community commitment



ABOUT BOK FINANCIAL


BOK Financial is a regional banking powerhouse and one of the top 25 banks in the U.S. We are based in Tulsa, Oklahoma, and diversified in a variety of industries, businesses, and geographies throughout the U.S.

FACTS:

  • 4,900 employees
  • 27 Years of financial profitability
  • $30+ billion in assets
  • $5.2 million in charitable contributions in 2017



Nearest Major Market: Oklahoma City
Nearest Secondary Market: Oklahoma

Job Segment: Bank, Banking, Accounts Receivable, Risk Management, Finance

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