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Credit Products Underwriter II - CRE

Scottsdale, AZ, US

Req ID: 49315 

Areas of Interest: Commercial Banking, Commercial Real Estate 

BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states – Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies.                  .

The Credit Products Underwriter III - CRE (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.


  1. Prepare complex financial underwriting on transactions involving critical client accounts that significantly affect profits of Lines of Business (LOB’s) across the lending spectrum. Typical transaction size ranges from $10 Million to $50 Million.  Analysis is conducted independently and recommendations are made to Relationship and/or Department Managers regarding final structure and pricing. Assume responsibility for recognizing/documenting all policy exceptions; interact with clients/prospects to gather key information for credit analysis, including questions relating to the preparation of financials and gaining an understanding of business models.
  2. Interact with assigned loan committees to provide additional information and/or to support conclusions reached in analysis; serve as a subject-matter expert regarding credit/industry analysis. Write all commitment reports for specified loans as a team member. Participate in committee presentations; presents loan renewals independently to management or to loan committee as needed in place of the Relationship Manager. May provide assistance on Syndicated or Club transactions.
  3. Participate in joint calling on credit customers/prospects, interacting with clients frequently and in a manner that fosters the development of solid relationships; assist in the development of new credit business through calling with Relationship Managers on existing or prospective clients to gather key information for proper credit analysis. Partner with Relationship Managers to craft and deliver core and complex business deals for clients. 
  4. Supervise and/or influence analysts and interns on a day-to-day basis, taking the lead in recruiting, hiring and training of assigned staff.  Manage/delegate workflow of assigned Credit staff, including allocation of analysis, quarterly covenant compliance testing, financial statement spreading and other miscellaneous services related to credit.
  5. Ensure RM’s are notified of non-compliance issues; prepare summary reports which outline any borrower’s non-compliance. Oversee the watch list process, assisting bankers with problem account recognition and resolution strategies.  Present credits in black book. 
  6. Review all legal documents for accuracy and potential changes, prepare amendments as needed. Independently negotiate documents with Borrower and/or Borrower’s counsel, when necessary. Work with Capital Markets on swaps and early prepayments. 



  • 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 skills



This level of knowledge is normally acquired through completion of a Bachelor’s degree and 8+ years of Credit Analysis/Credit products underwriter experience; or 14+ years of equivalent work related experience.

BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!

Apply today and take the first step towards your next career opportunity!
BOK Financial is an equal opportunity employer.  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, sexual orientation, genetic information or veteran status.

Attention All Third Party Agencies, Headhunters, and Recruiters
BOK Financial and its Subsidiaries will not accept candidate submission by unsolicited third parties through this site or any company email address. All unsolicited candidates presented to BOK Financial and its Subsidiaries will be considered the property of BOK Financial. BOK Financial and its Subsidiaries will not be responsible for any fees associated with unsolicited candidates, nor will a contractual relationship be formed by the submission. BOK Financial and its Subsidiaries are not obligated and will not under any circumstances pay any fees to said third parties submitting candidates in this manner. BOK Financial and its Subsidiaries only forms contracts with recruiters with whom we have an established business relationship and with whom we have in place a signed agreement. All contact with BOK Financial and its Subsidiaries from third parties must be through our Human Resources Department. Any contact made outside of the BOK Financial Human Resources Department by a third party will cancel any future business relationships between the third party and BOK Financial.


Investing in our talent and building a great workplace is a top priority at BOK Financial.

  • Empowered employees
  • Award-winning culture
  • Community commitment


BOK Financial is a regional banking powerhouse and one of the top 25 banks in the U.S. We are based in Tulsa, Oklahoma, and diversified in a variety of industries, businesses, and geographies throughout the U.S.


  • 4,900 employees
  • 27 Years of financial profitability
  • $30+ billion in assets
  • $5.2 million in charitable contributions in 2017

Nearest Major Market: Phoenix

Job Segment: Credit, Accounting, Bank, Banking, Testing, Finance, Technology

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