Specialty Asset Manager I

BOK Financial; Oklahoma City (OK); On-site; USD 60,000 - 80,000; Full time

Job summary

BOK Financial is seeking a Specialty Asset Manager I in Oklahoma City to manage complex portfolios of non-financial assets. The role requires collaboration with various professionals to ensure high-quality service and compliance with regulations.

Ideal candidates will possess a Bachelor's Degree and have 3-5 years of relevant experience, demonstrating strong analytical and communication skills. The position emphasizes a supportive and innovative work environment, with opportunities for professional growth.

Qualifications

• 3 - 5 years related experience or 7 - 8 years equivalent work experience.
• Basic knowledge of contracts, leases, and title documents.
• Knowledge of fiduciary practices and responsibilities.

Responsibilities

• Manage and maintain complex portfolios of non-financial assets.
• Work independently and with professionals to resolve client needs.
• Ensure compliance with bank policies, procedures, and O.C.C. requirements.

Skills

Asset management functions

Communication skills

Analytical skills

PC skills including word processing and spreadsheets

Education

Bachelor's Degree

Job description

Summary

If you are looking for a job that combines a passion for innovation, an opportunity for growth, and a culture of teamwork, then you've come to the right place. You find satisfaction in helping others by offering sound advice and operational support. Bring your knowledge, skills, and abilities to us as a Specialty Asset Manager I. You'll be positioned for a great career!

Job Description

The Specialty Asset Manager I manages and maintains, under limited direction, a substantial & complex portfolio within a given segment of non-financial assets, i.e., closely-held businesses, life insurance, tangible assets, notes and mortgages. Works independently or partners with Account Officers, Portfolio Managers, and external professionals to provide comprehensive solutions to complex customer needs throughout the United States. This position may manage unique assets for any of BOKF's private wealth accounts.

Team Culture

We act with honor and truthfulness and live our company values every day. Our foundation of integrity builds coworker trust, relationships, and effective interpersonal relationships.

How You’ll Spend Your Time

• You will be managing and maintaining, under limited direction, a substantial & complex portfolio within the given segment of non-financial assets, i.e., life insurance, minerals, notes and mortgages, real estate, and closely-held business.
• You will be working independently or as partners with Account Officers, Portfolio Managers, and external professionals to provide comprehensive solutions to complex customer needs throughout the United States. This position may manage accounts and properties for any BOKF's bank and trust affiliates.
• You will collaborate with subject matter experts on assigned assets during the ongoing administration of estates, trusts, and agency accounts. You will maintain client relationships and assigned relationships. You will resolve asset-related issues to assure quality service is provided to clients.
• You will be responsible for accurate and complaint oversight and completion of client and account activities related to assigned assets. This is accomplished by analyzing and reviewing all assigned assets annually to ensure compliance and adherence to a) the bank's policies and procedures, b) Office of Comptroller of Currency (O.C.C.) requirements, c) the account's investment objective, and d) the directions provided within the government document.
• You will coordinate asset investment and management issues and activities with clients and respective internal and external professionals. Provide expertise in the buy, sell, retain decision, for each assigned asset, as well as analyze, inspect, value, determine the highest and best use, maximize investment performance and manage risk associated with investment and management activities of assigned assets.

Education & Experience Requirements

This level of knowledge is normally acquired through completion of a Bachelor's Degree and 3 - 5 years related experience or 7 - 8 years equivalent work experience.

• Basic knowledge of contracts, leases, and title documents
• Basic knowledge of asset management functions pertaining to a specific segment of specialty assets, i.e., overseeing closely-held businesses, life insurance, tangible assets, and servicing notes and mortgages.
• Basic knowledge of fiduciary practices and responsibilities.
• Basic knowledge of laws that apply to a specific segment of specialty assets, i.e., oil and gas law, real estate law, consumer lending, life insurance regulations, or business law.
• Demonstrated PC skills including word processing and spreadsheet applications
• Demonstrated communication skills and ability to prepare and deliver persuasive oral and written reports and presentations

Working Conditions & Physical Requirements

Office - 20 lbs

Equal Employment Opportunity Statement

The companies in BOK Financial Corporation Group are equal opportunity employers. 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, pregnancy status, sexual orientation, genetic information or veteran status.