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Jobs · Finance · Texas

Credit Products Underwriter I - Commercial Banking

BOK Financial · Plano, TX · 2 wk ago
On-siteFinanceFull-time

BOK Financial Corporation Group includes BOKF, NA; BOK Financial Securities, Inc. and BOK Financial Private Wealth, Inc. BOKF, NA operates TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial®.

About the role

Our commercial banking team delivers personalized services to growth-oriented businesses with exceptional expertise. We offer a wide range of financial solutions, including loans, deposits, and cash management. The Credit Products Underwriter I - Commercial is primarily responsible for underwriting complex financial transactions in conjunction with CPU III, IV or CRMs, including the financing of investment real estate, owner-occupied real estate, working capital, equipment, LBOs/acquisitions, healthcare-related opportunities, as well as credits augmented with an SBA guarantee. Also will be able to underwrite non-complex requests independently. In addition, the Credit Products Underwriter I provides product and industry expertise to clients by designing and executing solutions for complex clients. Industries and products offered are broad and require unique due diligence and analysis based on the type of business and structure. A high volume (50%+) of the credit requests are from prospects, requiring an additional level of due diligence and analysis.

Responsibilities

  • Prepare financial underwriting for transactions that impact lending division profitability.
  • Conduct credit analysis independently or with senior staff based on complexity.
  • Provide recommendations on transaction structure to Relationship and Department Managers.
  • Identify and document policy exceptions while gathering key customer information.
  • Collaborate with credit approval officers to support analysis and conclusions.
  • Assist in developing new credit business through joint calls with Relationship Managers.
  • Prepare compliance reports, commitment documents, and present credit information to management.
  • Prioritize and manage multiple active credit requests from various Relationship Managers and geographic locations.
  • Engage in client-facing responsibilities, providing consultation to deliver integrated solutions.
  • Partner with Relationship Managers to generate revenue and profitability.

Requirements

  • Bachelor’s degree and 2+ years of credit analysis/credit products underwriter experience; or 7+ years of equivalent work-related experience.
  • Ability to clearly communicate and convey information and ideas through a variety of channels.
  • Ability to leverage a network of relationships with clients, relationship managers, and peers for support in achieving individual and organizational goals.
  • General knowledge and understanding of credit principles, lending functions, loan analysis, and application of general credit policies.
  • Excellent organizational skills and meticulous work habits.
  • Ability to critically review work for errors and incorrect conclusions.
  • Ability to complete assignments quickly and efficiently with minimal direction.
  • Ability to proactively communicate with both colleagues and senior personnel.
  • Conflict management skills.
  • Ability to work efficiently under limited timeframes.
  • General knowledge of loan documentation, loan policy, and regulations.
  • General knowledge of the Loan Grading Process.
  • Excellent oral and written communication skills.
  • Advanced PC and spreadsheet software skills.

Team Culture

This team thrives on a culture of integrity, collaboration, and innovation. We believe in building and nurturing strong client relationships, ensuring every interaction is meaningful and tailored to our clients' unique needs. Our team is supportive, where your insights are valued, and your career can flourish. Here, you'll find a place where your contributions make a real impact, and your professional journey is supported every step of the way.

Benefits

BOK Financial Corporation Group is a stable and financially strong organization that provides excellent training and development to support building the long-term careers of employees. Bonus type is formula-based.

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