Senior Energy Portfolio Manager

Bonus Type

Summary

Join us as a Credit Product Underwriter III- Energy. Our commitment to you is a positive work environment, a deep connection to our communities, and a focus on putting our clients first. Energy lending has been a core competency of BOK Financial for over 100 years, and this specialty lending business is a key differentiator for us in the financial services industry.

Job Description

The Credit Products Underwriter III - Energy (CPU III) is primarily responsible for underwriting more complex financial transactions, including the financing of multiple business endeavors such as: investment real estate, owner-occupied real estate, working capital, equipment, LBOs/acquisitions, healthcare-related opportunities, etc. In addition, the CPU III is responsible for providing product and industry expertise to the client by designing and executing solutions for the more complex and specialized clients and transactions. The CPU III will have client-facing responsibilities, providing the necessary consultation to deliver the best possible integrated solution to the client.  The majority of the CPU III’s time will be balanced between analysis of clients, design and execution of deals, and joint client calls with RMs to provide expert counsel and advice.  The CPU III will partner with the RMs to assist in generating revenue and profitability.

Team Culture

The Energy Underwriting team is dynamic; you are working in an industry that is always changing.  This niche space allows the opportunity for you to become a specialist and understand deals in a way most people do not.  We complete with Tier 1 institutions across the country, allowing you to perform this sophisticated work from our local markets.

“Work hard, play hard” is a motto we live by.  We have two hectic seasons a year, so providing work/life balance is key to our culture.  Growth in this space is a journey, and as you achieve various milestones, you will take on additional responsibilities and tasks.

How You'll Spend Your Time

• You will prepare complex financial underwriting on mid to large energy transactions, which significantly impact profits for the lending division.   You may work on Syndicated or Club transactions.
• You will recommend the final structure and pricing to the Relationship Manager and Credit Concurrence Officer and assume responsibility for all exceptions.
• You will write all commitment reports for your specified loans and participate in loan committee presentations to provide additional information and/or to support conclusions reached in analysis.  
• You will participate in joint calling on prospects and clients with the Relationship Managers, interacting with clients frequently, developing solid relationships, and assisting in developing new business.
• You will mentor and coach more junior underwriters and interns, including managing the analysis workflow, covenant compliance testing, and financial statement spreading.

Education & Experience Requirements

The required level of knowledge is normally acquired through a Bachelor’s degree in Accounting, Finance, or related field and 8+ years of Credit Analysis/Credit products underwriter experience; or an equivalent combination of education and experience.

• Comprehensive accounting & cash flow knowledge, with demonstrated knowledge of intermediate accounting theory (including the difference between GAAP and income-tax based statements, cash and accrual accounting, consolidation and elimination principals, and the effect each type of accounting has on the underwriting process)
• Succinctly identify the drivers and/or potential threats to cash flow and structuring in order to mitigate that risk, if possible
• Solid working knowledge of rules, regulations and documentation
• Clearly communicate and convey information and ideas through a variety of channels
• Leverage a network of relationships with clients, Relationship Managers, and peers for support in achieving both the individual and organizational goals
• Strong knowledge and understanding of credit principles, lending functions, loan analysis, and application of general credit policies
• Excellent organizational skills and meticulous work habits
• Solid critical review skills focused on errors and incorrect conclusions
• Ability to complete assignments quickly and efficiently with minimal direction
• Proactive communication skills (internally with colleagues and senior personnel and externally)
• Good conflict management skills
• Possess the courage and confidence to have difficult conversations or voice differing opinions (both internally and externally)
• Ability to work efficiently under limited timeframes
• Strong knowledge of loan documentation, loan policy and regulations
• Excellent knowledge of the Loan Grading Process
• Excellent oral and written communications skills
• Advanced PC and spreadsheet software skill

Working Conditions & Physical Requirements