Portfolio Manager IV

You place great value on building meaningful relationships, and you do so by leveraging your excellent interpersonal skills. You find satisfaction in helping others by offering sound advice. You make the most out of every opportunity. Bring your knowledge, skills, and abilities to us as a Portfolio Manager IV. You'll be positioned for a great career! The Portfolio Manager IV partners with the Relationship Manager in supporting the growth and management of the loan portfolio.

BOK Financial offers tailored subscription line credit facilities to private equity and alternative investment funds, supporting their capital call needs and liquidity management. These facilities are secured by the uncalled capital commitments of a fund's limited partners and are structured to align with the fund's investment strategy and lifecycle. BOKF's relationship-driven approach, deep industry expertise, and flexible credit solutions position it as a trusted partner to fund managers across a range of strategies, including buyout, credit, real estate, and energy.

The Portfolio Manager IV partners with the Relationship Manager in supporting the growth and management of the loan portfolio. This role provides ongoing asset management of a credit portfolio and conducts regularly scheduled reviews of overall asset quality, with a focus on evaluating performance against original underwriting expectations. These reviews evaluate information including borrower/sponsor historical financial statements, changes in the macroeconomic / reimbursement environment, pro forma statements, planned capex, stress testing, and overall analysis of the credit condition of the borrower/sponsor.

The Portfolio Manager/Underwriter plays a critical role in supporting the origination, structuring, and ongoing management of subscription credit facilities for private equity and alternative investment funds. This individual is responsible for conducting due diligence on fund sponsors, analyzing fund documentation, assessing credit risk, and preparing credit approval materials. They work closely with relationship managers, credit risk, legal, and operations teams to ensure transactions are executed within the bank's risk framework.

Using significant judgement, the principal functions of the Portfolio Manager IV are to (1) continuously monitor and assess the credit profiles of the customers in her/his assigned portfolio; (2) help manage customer relationships by providing exceptional service; (3) assist with routine issues such as monthly / quarterly reporting requirements, overdrafts, wires, new account openings, etc.; (4) ensure that renewals, extensions and annual reviews are completed in a timely manner; (5) seek ways to enhance customer profitability by looking for cross-sell opportunities; and 6) identifying referral opportunities from current customers and centers of influence.

We act with honor and truthfulness. Our foundation of integrity builds coworker trust, relationships, and effective interpersonal relationships. We live our company values every day.

• Work closely with the Subscription Line Lenders, and other internal teams, to advise and develop credit solutions within the Bank's risk parameters
• Diligence private equity fund and sponsor track records, financials, PPMs, and LPAs across various strategies (e.g., buyout, credit, real estate, energy, etc.)
• Build and maintain borrowing base certificates and financial models/spreads
• You will establish and maintain favorable relationships with current and prospective clients. Manage largest relationships (credits, deposits, and fee based products/services) that require the most complex analysis. Make recommendations as to whether an extension/modification is deemed appropriate, as well as negotiate the terms and conditions of the proposed extension or modification terms. Actively participate in customer meetings to further the relationship and expand business opportunities.
• You will identify and capture opportunities to cross-sell additional loan and other bank products to clients; including partnering with and referring business to internal business partners and related experts when appropriate to drive Bank profitability and efficiency.
• You will analyze clients' needs; assess the client's financial position and credit worthiness to ensure loans meet credit and financial requirements for lending quality and compliance as determined by the Bank's Credit Policy.
• You will use significant judgement to report on the overall portfolio, including and not limited to, assessing asset quality, stress testing, industry and market analysis, competitive analysis, asset allocation, reserves and non-performing loan analysis.
• You will ensure accuracy of information, data, and documentation for all portfolio accounts. Maintain loan reporting, including: past dues, documentation and collateral exceptions, financial performance updates, asset quality reports, portfolio profitability, etc.
• You will effectively present proposed credit actions in written analysis document and as necessary, verbally to Senior Credit Officers. Act as a mentor to Credit Specialists and more junior Portfolio Managers.

The required level of knowledge is normally acquired through completion of a Bachelor's degree and 15+ years of Credit Analysis/Credit products underwriter experience; or 20+ years of equivalent work related experience.

• Strong desire to work within the private equity/fund finance industry
• 3-5 years of relevant work experience preferred (e.g., underwriting, commercial banking, private banking, investment banking, investor relations, private equity, and/or credit roles)
• Extensive 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
• Succinctly identify the drivers and/or potential threats to cash flow and structuring in order to mitigate that risk, if possible
• Comprehensive 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
• Extensive knowledge and understanding of credit principles, lending functions, loan analysis, and application of general credit policies
• Strong critical review skills focused on errors and incorrect conclusions
• Ability to complete assignments quickly and efficiently with minimal direction
• Possess the courage and confidence to have difficult conversations or voice differing opinions (both internally and externally)
• Extensive knowledge of loan documentation, loan policy and regulations
• Extensive knowledge of the Loan Grading Process