Portfolio Manager III - Healthcare at BOK Financial

Bonus Type

Summary

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 III. You’ll be positioned for a great career! The Portfolio Manager III partners with the Relationship Manager in supporting the growth and management of the loan portfolio.

Job Description

The Portfolio Manager III partners with the Relationship Manager in supporting the growth and management of the loan portfolio.  This role is responsible for underwriting new complex financial transactions and providing ongoing asset management of existing credit portfolio relationships.  Asset management includes conducting 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.

Acting autonomously, the principal functions of the Portfolio Manager III are to (1) provide product and industry expertise to the client; (2) design and execute solutions for complex and specialized clients and transactions; (3) continuously monitor and assess the credit profiles of the customers in the department’s portfolio; (4) help manage customer relationships by providing exceptional service; (5) assist with routine issues such as monthly / quarterly reporting requirements, overdrafts, wires, new account openings, etc.; (6) ensure that renewals, extensions and annual reviews are completed in a timely manner; (7) partner with RMs on joint calls to provide expert counsel and advice and (8) partner with RMs to assist in generating revenue and profitability.

Team Culture

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.

How You'll Spend Your Time

• You will prepare complex financial underwriting on transactions involving critical clients account that significantly affect profits of Lines of Business (LOB's) across the hospital and health system 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 Manager regarding final structure and pricing. 
• You will establish and maintain favorable relationships with current and prospective clients. Manage moderately large relationships (credits, deposits, and fee-based products/services) that require more 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 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.

Education & Experience Requirements

The required level of knowledge is normally acquired through completion of a Bachelor’s degree and 8+ years of Credit Analysis/Credit products underwriter experience; or 15+ years of equivalent work related 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
• 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

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