Senior Private Wealth Banker

BOK Financial; Oklahoma City (OK); On-site; USD 85,000 - 120,000; Full time

Job summary

BOK Financial is seeking a Senior Private Wealth Banker to manage a portfolio of high-net-worth clients in Oklahoma City. This role involves complex loan management, delivering various financial services, and ensuring compliance with regulations.

The ideal candidate will possess a Bachelor's degree in Finance and 5-10 years of relevant experience. Strong communication skills and knowledge of lending practices are essential. Join us to grow your career in finance!

Qualifications

• 5-7 years of directly related experience in credit/banking or equivalent combination of education and experience.
• Senior Private Wealth Bankers must obtain an NMLS registration upon hire.
• Thorough knowledge of client benefits offered by financial products.

Responsibilities

• Manage a portfolio of key customer relationships and develop tailored solutions.
• Develop and execute strategies for enhancing customer satisfaction and loyalty.
• Analyze and evaluate credit requests and underwrite loan commitments.
• Ensure compliance with relevant regulations and internal policies.

Skills

Commercial and consumer lending practices

Financial analysis

Strong communication skills

PC skills

Education

Bachelor's Degree in Finance or related field

Job description

Senior Private Wealth Banker

We’re building a culture at BOK Financial where amazing people can bring their best, be their best and work for the best. You’ve come to the right place to grow your career. The Senior Private Wealth Banker is primarily responsible for making and servicing a wide variety of commercial and individual loans, both secured and unsecured, which are typically complex in nature.

The Senior Private Wealth Banker is also responsible for the seamless delivery of Deposit Services, Brokerage, Investment management, Trust and Insurance services to high net worth clients and businesses.

How You’ll Spend Your Time

• You will participate in formulating the strategy and identifying, evaluating, onboarding and structuring key transactions to ensure continued financial health and maximum value creation through the entire product life cycle; while actively identifying new prospects and developing new loan and deposit business.
• You will manage a portfolio of key and strategic customer relationships. Develop and execute tailored solutions and strategies for customers that ensures their ongoing satisfaction and loyalty while also enhancing profitability.
• You will negotiate loan proposals with customers; analyze and evaluate credit requests and underwrite loan commitments, coordinate with the Private Wealth Underwriting group; recommend appropriate credit grade; make oral presentation to loan committee; implement approval or declination action.
• You will monitor and manage existing credit relationships in coordination with the Private Wealth Underwriting group, including loan renewals, detailed analysis of financial statements and collateral valuations, credit analysis, cash flow analysis, delinquency reporting, documenting exceptions, and covenant monitoring.
• You will serve as relationship manager in delivery of products and services across departmental and divisional lines; facilitate resolution of operational problems for customers across divisional lines.
• You will ensure that business activities within the area of responsibility comply with relevant external regulatory and/or voluntary codes and with internal policies and procedures to minimize business risk and to protect the reputation of the organization.

Education & Experience Requirements

This level of knowledge is normally acquired through completion of a Bachelor's Degree in Finance or related field of study and 5-7 years of directly related experience in credit/banking and/or 8-10 years of equivalent combination of education and experience. Senior Private Wealth Bankers are required to obtain a NMLS registration upon hire.

• Knowledge and understanding of commercial and consumer lending practices and loan documentation, and loan servicing requirements
• Good knowledge of accounting principles and practices
• Demonstrated capacity to sell products/services within the financial services industry
• Good understanding of credit underwriting, documentation, loan policy, and regulations
• Good knowledge of financial analysis including ratio and trend analysis and projections
• Thorough knowledge of client benefits offered by Brokerage, Investment management, Trust and Insurance products and services.
• Strong communication skills with the ability to prepare and deliver persuasive oral and written reports and presentations
• Good PC skills including knowledge of word processing and spreadsheet applications

Equal Employment 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.