Energy Portfolio Manager III

BOK Financial; Houston (TX); On-site; USD 90,000 - 150,000; Full time

Job summary

BOK Financial in Houston seeks a Credit Product Underwriter III - Energy to underwrite complex energy transactions and provide expert financial consultation. The role balances analysis, deal design, and client calls with Relationship Managers to deliver integrated solutions.

The position emphasizes energy lending expertise, collaboration with relationship teams, and ongoing development within a dynamic underwriting group.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field with 8+ years of credit underwriting experience.
• Comprehensive accounting and cash flow knowledge; understanding GAAP vs tax-based statements.
• Strong knowledge of credit principles, lending functions, and loan documentation.
• Proficient in communicating findings and advising on structures and pricing.
• Ability to mentor junior staff and manage analysis workflow.

Responsibilities

• Underwrite complex energy transactions, including real estate, working capital, equipment, and acquisitions.
• Design and execute client solutions; provide consulting during joint client calls with Relationship Managers.
• Prepare commitment reports and participate in loan committee presentations.
• Mentor and coach junior underwriters and interns; manage workflow and covenant testing.
• Collaborate with Relationship Managers to generate revenue and profitability.

Skills

Financial underwriting

Credit analysis

Client interaction

Communication skills

Risk assessment

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Job description

Req ID: 78445

Location: Houston -HOUS

Areas of Interest: Commercial Banking; Commercial Banking, Energy

Pay Transparency Salary Range: Not Available

Application Deadline: 09/02/2026

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: BOKF Performance Plan (D02)

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

Office

BOK Financial Corporation Group is 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!

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.