Credit Products Underwriter I - Commercial Banking

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. Leveraging a broad array of products and expert advice, we support business owners in achieving their goals, all while being backed by a robust network within the business community.

Responsibilities

• 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.
• Providing product and industry expertise to the client by designing and executing solutions on 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, which require additional level of due diligence and analysis.
• The CPU I will have multiple active credit requests from various Relationship Managers and various geographic locations and must be able to prioritize and exhibit good time management.
• The CPU I will have client‑facing responsibilities, providing the necessary consultation to deliver the best possible integrated solution to the client.
• Good communication skills (written and verbal) must be present to effectively communicate with the various Relationship Managers and other BOKF personnel.
• The majority of the CPU I time will be balanced between analysis of clients, design and execution of deals, and joint client calls with RMs to provide advice.
• The Credit Products Underwriter I will partner with the RMs to assist in generating revenue and profitability.
• 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.

Requirements

This level of knowledge is normally acquired through completion of a Bachelor’s degree and 2+ years of credit analysis/credit products underwriter experience; or 7+ years of equivalent work‑related experience.

Skills

• 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 both the individual and organizational goals.
• General knowledge and understanding of credit principles, lending functions, loan analysis, and