BC
Loan Administration Officer (LAO)
full-time•Del City
About this role
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.
Diversity…Our differences enhance business performance.
What you'll do
- The Loan Administration Officer is responsible for managing the processes and workflow of the Loan Administration Systems, including staff supervision and loan compliance. This role also involves troubleshooting issues related to loan documentation and general ledger processes.
About BancFirst Corporation
With assets of over $12 billion, BancFirst has grown to more than 100 locations in 60 Oklahoma communities. We are committed to investing in the future of our communities by offering personal and commercial products, trust, insurance, and investment services.
For the 13th consecutive year, BancFirst is rated as one of the "Nation's Strongest and Safest Banks" by Bank Director magazine. For the 8th consecutive year, BancFirst is included on the KBW Bank Honor Roll. BancFirst is a publicly held company and is listed on the NASDAQ National Market System under the symbol BANF.
Member FDIC • Equal Housing Lender
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Frequently Asked Questions
What does a Loan Administration Officer (LAO) do at BancFirst Corporation?
As a Loan Administration Officer (LAO) at BancFirst Corporation, you will: the Loan Administration Officer is responsible for managing the processes and workflow of the Loan Administration Systems, including staff supervision and loan compliance. This role also involves troubleshooting issues related to loan documentation and general ledger processes..
Is the Loan Administration Officer (LAO) position at BancFirst Corporation remote?
The Loan Administration Officer (LAO) position at BancFirst Corporation is based in Del City, Oklahoma, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Loan Administration Officer (LAO) position at BancFirst Corporation?
You can apply for the Loan Administration Officer (LAO) position at BancFirst Corporationdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.