Posted: Tuesday, February 27, 2018 2:29 AM
Areas of Interest:Consumer Banking; Lending; Underwriting
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.
This position can sit in any of our markets: TX, CO, ABQ, KS, ARK
The Consumer Loan Processor is primarily responsible for obtaining, reconciling, and validating all required documentation for a Consumer Loan application as defined by specific product and compliance guidelines. The Processor will work with the customer and external vendors to ensure compliance with Ability to Repay standards. The processor is responsible for preparing assigned RESPA disclosures / re:disclosures, communicating loan status and decision terms to the borrower, gathering pre:closing information from the borrower, and requesting documents / services from Credit Services. Processor is responsible for maintaining contact with all parties involved throughout the process, including but not limited to borrowers, bankers, underwriters, and Credit Services. Processor is responsible for managing pipelines in order to meet closing dates.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
:Monitors and reconciles all documentation submitted for accuracy. Making appropriate telephone calls to borrower or institutions for final verification to gain all information for each file. Works within vendor software to order verifying documents for consumer loan requests. Ensures timely response from the vendor and communicates the response to Central Underwriting and the Loan Officer. Works directly with Branch Managers, their staff, and customers to collect required verification documents for consumer loans, specifically initial authorizations, the 4506T, and other documents that may be required on a case by case basis.
:Prepares assigned RESPA disclosures and ensures timely delivery of the documents to applicants. Manages the loan workflow to ensure necessary re:disclosures and other compliance documents are delivered to applicants, as required.
:Communicates approved terms, counter:offers, and incremental sales to borrowers and works with borrower and internal departments to ensure all required documents are gathered prior to closing. Prepares requests for loan documents. Works with borrower and branch to schedule closings in a timely and compliant manner, managing a pipeline of loans to meet closing dates.
:Reviews underwriting decisions for compliance with policy and pricing on consumer loan requests.
:Assists other areas of Consumer Credit Delivery as required to insure external and internal customer needs are met; completes assigned projects as directed.
KNOWLEDGE, SKILLS and ABILITIES:
:Working knowledge of financial services and products
:Strong interpersonal skills including oral and written communication skills and customer relations skills
:Basic math skills
:Above average PC skills
:Prior consumer banking experience with a preference toward an individual with Assistant Management or higher experience
:Working knowledge of Consumer lending products including personal and business loans, lines of credit, and credit cards
:Working knowledge of Consumer Lending Policy
:Good decision making, problem solving and organizational skills
:Detail:oriented, proven ability to multi:task
:Thorough knowledge of Microsoft Office and major PC software platforms
This level of knowledge is normally acquired through completion of an Associates degree in a business:related field and 1 : 2 years experience in a financial institution or equivalent experience of 4 : 5 years.
BOK Financial is a stable and financially stron
• Location: Tulsa
• Post ID: 20025482 tulsa