Capital Planning Manager

Bonus Type

Summary

BOK Financial is a place where talent thrives and careers grow, driven by a passion for doing the job right the first time. We have an exciting role that involves managing the capital planning process for the company and its subsidiaries, including capital stress testing processes and supporting the company’s M&A and acquisition goals. The role requires leadership, team management across organizational lines, strong quantitative modeling skills, and reports directly to the Corporate Treasurer.

Job Description

The Capital Planning Manager is responsible for managing the capital planning process for the consolidated company as well as the bank subsidiary and other material subsidiaries.  This includes managing the broader capital stress testing processes as well as the highly visible ICAST stress test.  This position must ensure that capital planning and stress testing processes are in a position to support the M&A process and acquisition goals of the company at any given time.  This position requires the ability to lead and manage a large team of people across organizational lines to accomplish complicated deliverables on strict timelines as well as strong quantitative modeling skills.  This individual will report directly to the Corporate Treasurer.

Team Culture

BOK Financial is a customer-centric organization that values collaboration and teamwork, with each member contributing their expertise towards the common goal. The company encourages continuous learning and problem-solving. It offers a supportive and goal-oriented work environment, providing opportunities for growth, advancement, and community involvement.

How You'll Spend Your Time

• You will spearhead Capital Stress Testing, guide Capital Markets and other departments, enhance our modeling and processes to align with regulatory standards, set and execute long-term goals for stress testing, and communicate results to various stakeholders including the Capital Committee and ALCO.
• You’ll lead Capital Planning, merging capital forecasts and stress test outcomes into business strategies, creating governance processes, ensuring regulatory adherence, and managing scenario analysis tools.
• You will spearhead Capital Stress Testing, integrate it with liquidity stress testing, identify new risks, meet regulatory standards, and present the analysis and recommendations to the Capital Committee.
• You will facilitate M&A activities by implementing capital planning and stress testing models for both BOK and the target company, ensuring the capital plan satisfies all stakeholders within the M&A timeframe.
• You will support capital market objectives, develop analytical tools, manage regulatory relationships, champion the company’s financial goals, and establish strategic risk tolerance and return objectives for the business.

Education & Experience Requirements

This level of knowledge is normally acquired through completion of a Masters degree or higher in Math, Statistics, Econometric Modeling or other applied quantitative modeling discipline combined with a Finance, Economics or a business degree, MBA or CFA and 10+ years of banking or related work experience with a publicly traded financial institution in Corporate Treasury, Corporate and/or Line-of-Business Finance, Risk Management and/or Credit or equivalent combination of education and experience.

• Excellent interpersonal and managerial / leadership skills with a proven ability to manage across business units and lines of authority.
• Excellent quantitative modeling and analytical skills
• Excellent written communication skills
• Strong understanding of regulatory capital, economic capital, and capital stress testing requirements and practices
• Significant experience managing a forecasting process in a large scope team based environment
• Strong understanding of capital markets, interest rate risk, liquidity risk and bank balance sheets, model validation, and control environment processes
• Ability to deal with ambiguity of an evolving regulatory environment with undefined deliverables
• Ability to create plans and execute through a broader team
• Superior organization skills
• Resourceful, self-motivated and detail oriented while able to understand the broader picture