Senior Private Wealth Banker

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®. Bonus type: formula based.

About the role

The Senior Private Wealth Banker is primarily responsible for making and servicing a wide variety of commercial and individual loans, both secured and unsecured, which are typically complex in nature. Additional responsibilities include the seamless delivery of Deposit Services, Brokerage, Investment management, Trust, and Insurance services to high net worth clients and businesses.

Team Culture

We celebrate each other’s wins, big and small. We respect, honor, and praise one another for a job well done. We are transparent. We are involved, committed, and collaborative. Simply put: We Achieve More Together.

Responsibilities

• Participate in formulating the strategy and identifying, evaluating, onboarding, and structuring key transactions to ensure continued financial health and maximum value creation through the entire product life cycle; actively identify new prospects and develop new loan and deposit business.
• Manage a portfolio of key and strategic customer relationships. Develop and execute tailored solutions and strategies for customers that ensure their ongoing satisfaction and loyalty while also enhancing profitability.
• Negotiate loan proposals with customers; analyze and evaluate credit requests and underwrite loan commitments, coordinate with the Private Wealth Underwriting group; recommend appropriate credit grade; make oral presentations to loan committee; implement approval or declination action.
• Monitor and manage existing credit relationships in coordination with the Private Wealth Underwriting group, including loan renewals, detailed analysis of financial statements and collateral valuations, credit analysis, cash flow analysis, delinquency reporting, documenting exceptions, and covenant monitoring.
• Serve as relationship manager in delivery of products and services across departmental and divisional lines; facilitate resolution of operational problems for customers across divisional lines.
• Ensure that business activities within the area of responsibility comply with relevant external regulatory and/or voluntary codes and with internal policies and procedures to minimize business risk and to protect the reputation of the organization.

Requirements

• Completion of a Bachelor’s Degree in Finance or related field of study and 5-7 years of directly related experience in credit/banking and/or 8-10 years of equivalent combination of education and experience.
• Senior Private Wealth Bankers are required to obtain a NMLS registration upon hire.
• Knowledge and understanding of commercial and consumer lending practices and loan documentation, and loan servicing requirements.
• Good knowledge of accounting principles and practices.
• Demonstrated capacity to sell products/services within the financial services industry.
• Good understanding of credit underwriting, documentation, loan policy, and regulations.
• Good knowledge of financial analysis including ratio and trend analysis and projections.
• Thorough knowledge of client benefits offered by Brokerage, Investment management, Trust, and Insurance products and services.
• Strong communication skills with the ability to prepare and deliver persuasive oral and written reports and presentations.
• Good PC skills including knowledge of word processing and spreadsheet applications.