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BOK Financial · 1 day ago

Loan Servicing Specialist III

Denver, CO

Full-time

Onsite

Mid, Senior Level

$50K/yr - $62K/yr

5+ years exp

BOK Financial Corporation is a stable and financially strong organization that provides excellent training and development. As a Loan Servicing Specialist III, you will be responsible for processing and validating a diverse range of monetary transactions and maintaining loan servicing processes, ensuring compliance and exceptional customer service.

BankingCredit CardsFinancial Services

Responsibilities

You will oversee and share responsibility for both consumer and commercial loan portfolios, providing backup as needed

You will enter and maintain loan data, evaluate documents, and service complex commercial loans

You will manage daily transactions, ensuring accurate distribution or collection of funds and providing detailed documentation

You will work with Credit Administration to reflect credit deterioration accurately and ensure compliance with GAAP and internal policies

You will coordinate daily workflow, train staff, and maintain extensive contact with business partners to resolve complex issues

Qualification

Loan operations knowledgeLoan systems processingFederal/state regulationsComplex loan documentationGAAP understandingMathematical calculationsPC skillsTraining abilityResearch skillsInterpersonal skillsCommunication skillsOrganizational skills

Required

Completion of an Associates Degree in Business or related field of study and/or 5-6 years of experience in loan production or equivalent combination of education and experience

Advanced knowledge of loan operations and bank related operations, including loan policy

Advanced knowledge of loan systems processing

Thorough knowledge of federal and state lending guidelines and regulations

Advanced understanding of GAAP, Sarbanes-Oxley, TILA, RESPA, SCRA, FCRA, UDAAP, BSA and other state and federal regulations and policies affecting loan operations

Advanced understanding of Bank policies and procedures

Advanced knowledge and understanding of complex loan documentation with the ability to interpret documentation language, structure, specifications, and requirements

Advanced understanding of complex mathematical calculations and accounting principles as applied to loan processing

Excellent interpersonal, oral, and written communication skills

Excellent PC skills including Outlook, Word, Excel, and Teams used in daily work processes, 10 key by touch

Ability to type 30-40 wpm

Ability to adjust priorities to changing circumstances in fast paced, heavy volume atmosphere

Ability to provide training in a constructive and effective manner with various levels of personnel

Demonstrated independent research and analysis skills

Excellent organizational skills; detail and task oriented