Analyst, Asset Management

Socket.dev; Dallas (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Generous PTO

401(k) matching

Health insurance

Dental insurance

Vision insurance

Job summary

Bank OZK is seeking a Commercial Real Estate Loan Analyst to support servicing of real estate loans. The role involves analyzing debt service, draws, pay-offs, and collateral releases while ensuring compliance with loan covenants.

The ideal candidate will leverage strong Excel and ARGUS skills to review complex financial statements and provide actionable insights to asset management teams. A Bachelor's degree in a related field is required.

Qualifications

• Bachelor degree required in finance, accounting, economics or business.
• Strong analytical skills for interpreting complex financial data.
• Ability to communicate findings clearly to stakeholders.

Responsibilities

• Assist with loan closing, booking, and post-closing activities.
• Analyze debt service payments for accuracy and collection.
• Review title updates and draw requests for construction projects.
• Interpret loan pay-offs and releases of collateral.
• Monitor borrower compliance with loan covenants and financial viability.

Skills

Real estate knowledge

Financial analysis

Excel

ARGUS

Education

Bachelor degree in finance, accounting, economics or business

Tools

ARGUS

Microsoft Office

Job description

Why Bank OZK

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We're nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We're investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America.Here, we're not simply filling roles. We're fostering even greater careers.

The foundation for a great career starts with an exceptional team and a comprehensive benefits package.

• generous PTO
• 401(k) matching
• health
• dental
• vision (and pet!) insurance
• special perks
• discounts

Learn more about Bank OZK benefits.

Job Purpose & Scope

Responsible for providing analysis in the servicing of commercial real estate loans by assisting other Bank asset management personnel, taking independent accountability and responsibility as experience and training permit.

Essential Job Functions

1. Assists with certain aspects of loan closing, booking, post-closing and transitioning of the loan to the Asset Management department.
2. Analyzes debt service payments for proper calculation, billing and collection.
3. Assists in the processing of monthly draws to ensure compliance with budget, including reviewing communications with Bank's construction inspector regarding the draw and the state of development, ordering and reviewing title updates, and initiating transfer of funds to borrower.
4. Analyzes and interprets loan pay-offs and releases of collateral.
5. Assists in monitoring borrower compliance with loan documents with respect to development activities and operating results by confirming the continued financial viability of the underlying collateral and its ability to service the debt and otherwise comply with the loan agreement covenants.
6. Analyzes lease agreements (and related estoppels and SNDAs), sales contracts and other legal documents related to the loan portfolio.
7. Reviews and interprets complex financial reports including borrower/guarantor financial condition and compliance with loan and guaranty covenants.
8. Acquires and learns techniques used in negotiating, underwriting and drafting loan modifications, and coordinating the subsequent modification of loan document modifications between Bank, Bank's counsel and borrower.
9. Addresses other interim loan servicing issues and loan requests with Bank's clients.
10. Conducts ad hoc financial analysis as required.
11. Regularly exercises discretion and judgment in the performance of the other essential job functions.
12. Maintains good punctuality and attendance to work.
13. Follows Bank policy, procedures and guidelines.

Knowledge, Skills & Abilities

1. Knowledge of all types of real estate.
2. Knowledge of financial concepts sufficient to allow candidate to analyze complex industry, economic and financial data and interpret results and present findings.
3. Ability to problem-solve using analytical, logistical, and verbal/written communication skills.
4. Ability to communicate effectively both verbally and in writing, including discussing complicated issues and opportunities with substantial real estate owners and developers.
5. Ability to articulate the strengths, weaknesses and issues related to a transaction, in both written and oral presentations.
6. Ability to multi-task and work well under pressure and with exacting deadlines.
7. Ability to work under general supervision.
8. Skill in using Microsoft Office Suite, including strong Excel skills, and ARGUS.

Basic Qualifications

1. Bachelor degree required, preferably in finance, accounting, economics or business.

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

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EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.