Asset Based Lending Underwriter III 76251
Asset Based Lending Underwriter III 76251
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Job Description
Req ID:76251
Location:Dallas DAL Denver DEN
Areas of Interest:Commercial Banking; Commercial Credit Analyst; Lending; Underwriting
Pay Transparency Salary Range:$100000 $160000
Application Deadline:04/30/2025
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
Summary
BOK Financial is committed to fostering longterm client relationships by attracting top talent. The company emphasizes innovation growth and teamwork providing a dynamic environment for employees to excel. At BOK Financial we believe in the power of being one team. Success is achieved through a dedication to high standards a passion for excellence and a collaborative spirit that unites us in our mission.
Job Description
The Asset Based Lending Underwriter III is primarily responsible for the originations underwriting of new ABL client relationships (including the most complex transactions) to guide the approval process and ensure proper structuring documentation booking and funding. This role takes ownership of the new client process once a prospect has accepted an ABL proposal.
Team Culture
BOK Financials culture is rooted in its history starting in 1910 as a regional capital source for the energy industry and evolving into a dynamic financial institution. Our growth from Tulsa Oklahoma to a nationwide presence reflects our commitment to agility strong client relationships and innovative financial solutions. We prioritize serving our clients fostering a positive work environment for our employees and making a meaningful impact in the communities we serve believing that every financial challenge and opportunity is significant.
How Youll Spend Your Time
- You will conduct inperson meetings with prospects before and after closing.
- You will select and manage thirdparty firms for due diligence and review their reports.
- You will coordinate with LCS staff for background checks and KnowYourCustomer processes.
- You will perform general collateral due diligence analyze trends and establish borrowing base availability.
- You will conduct financial due diligence analyze trends investigate prior results and evaluate projections.
- You will study industry analysis identify external drivers and review ties to commodity supply/demand/pricing effects.
Education & Experience Requirements
This level of knowledge is normally acquired through completion of a Bachelors degree and 10 years of commercial or ABL relationship management collateral exam and/or credit underwriting experience.
- Strong credit and underwriting knowledge particularly relating to collateral backed lending using working capital assets (accounts receivable inventory and machinery/equipment)
- Strong accounting & macroeconomic knowledge with demonstrated knowledge of intermediate accounting theory and economic drivers affecting portfolio clients
- Succinctly identify the drivers and/or potential threats to recovery in liquation and structuring in order to mitigate that risk if possible
- Working knowledge of alternative debit and equity providers available to our clients
- Experience working with large broadly syndicated loans as agent or participant
- Working knowledge of rules regulations and documentation
- Leverage a network of relationships with clients Relationship Managers and peers for support in achieving both the individual and organizational goals
- Knowledge and understanding of credit principles lending functions loan analysis and application of general credit policies
- Strong organizational skills and thorough work habits
- Strong 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)
- Excellent 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
- Knowledge of loan documentation loan policy and regulations and knowledge of the Loan Grading Process
- Excellent oral and written communications skills
- Advanced PC and spreadsheet software skills
BOK Financial Corporation Groupis a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees.With passion skill and partnership you can make an impact on the success of the bank customers and your own career!
Apply todayand take the first step towards your next career opportunity!
The companies in BOK Financial Corporation Group are equal opportunity employers. 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 pregnancy status sexual orientation genetic information or veteran status.
Employment Type
Full-Time
