Share this Job
Apply now »


Market Risk Analyst III

Tulsa, OK, US

Req ID: 68826 

Job Location: Tulsa Tulsa OK 

Areas of Interest: Risk Management 

Colorado Base Salary Range: Not Available 

BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states – Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies.                  .

Bonus Type

Discretionary

Summary

If you are looking for a job that combines a passion for opportunity for growth and a culture of teamwork, then you've come to the right place.  We are hiring for a Market Risk Analyst. You will aggregate and evaluate low to moderately complex risk exposures according to BOKF Board and executive management committees' tolerance levels. You will have extensive contact with the Risk Division management team and senior management of trading and capital markets business lines to gather and clarify information. Your role is critical in bringing attention to exposures to help mitigate significant risk and loss to BOK Financial.

Job Description

The Market Risk Analyst III aggregates and evaluates the Bank’s most complex risk exposures according to tolerance levels set by BOKF Board and executive management committees.  In carrying out the responsibilities of this position, the incumbent identifies, escalates and oversees resolution of out of tolerance positions and serves as key resource on most complex market risk concepts and questions.  Mentors and provides expertise and guidance to junior staff within the department.

Team Culture

We are a collaborative, conscientious, and goal-oriented team.  We value initiative, and we care about the quality of our work. Managers across the line of business are readily available and accessible for any needs you may have.  You are responsible for driving the process, and our leaders are there to support you. Mentorship within the team is a common practice that will provide opportunities for growth.

How You'll Spend Your Time

  • You will assist with developing and implementing robust analytical models that provide independent valuation and risk assessments of securities and derivatives to support business line decision-making, risk management, and financial reporting.
  • You will monitor and coordinate dealer counterparty approval and exposure process including direct trading, derivative, structural and investing positions to identify price risks that could result in losses in other risk categories.
  • You will collaborate with Manager and/or senior team members to assist in developing remediation plan recommendations when assigned positions are determined to be outside of established tolerance levels.
  • You will proactively identify and assess new risks to the organization through on-going interaction with business lines through monitoring activity, BOKF Volcker Rule analysis, and Market Risk Rule Compliance.
  • You will assist in developing and delivering market risk reports and counterparty exposures to Senior Loan and ALCO executive committees.

Education & Experience Requirements

  • Masters’ Degree in Finance, Economics, Accounting, Business or related field
  • Bachelor’s Degree in a STEM field preferred
  • CFA preferred
  • Minimum 5 years’ experience related risk management, risk control, financial analysis, and derivatives valuation and strategy with minimum 3 years’ experience within the financial services industry with extensive knowledge/understanding of financial institution products and services, risk management standards and financial theory
  • Minimum 3 years’ experience with risk methodologies (VaR, expected shortfall, stress testing
  • Minimum 5 years’ experience with some form of trading participation or oversight
  • Minimum 5 years of experience with analytics software (SAS, R, SPSS, Matlab) and relational databases (SQL)
  • Extensive experience in report design, accessing and manipulating data
  • Strong ability to build and review complex mathematical transformations to determine existing and projected derivative and embedded option security risks
  • Extensive knowledge of sources, impact and measure of interest rate, liquidity and price risk
  • Extensive knowledge and understanding of risk exposure measurements and data gathering techniques
  • Self-motivation, discipline, task focus, and a proven record of delivering high quality results within strict deadlines.
  • Intellectual curiosity; superior problem-solving abilities and attention to detail; and prompt follow-through
  • Ability to aggregate and synthesize complex data from multiple sources
  • Strong oral and written communication skills to effectively represent self and BOKF, as well as ability to present complex information and issues in a clear and concise manner

BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!
 

Apply today and take the first step towards your next career opportunity!

If you are interested in a career with BOK Financial text "BOKF" to 25000 to engage with Olivia our virtual recruiting assistant.
 
BOK Financial is an equal opportunity employer.  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, sexual orientation, genetic information or veteran status.

Please contact recruiting_coordinators@bokf.com with any questions. 


TOP 3 REASONS TO APPLY


Investing in our talent and building a great workplace is a top priority for us.


  • Empowered employees
  • Award-winning culture
  • Community commitment



Base salary range explanation:

The base salary range represents an average range for this position. Actual offers to be determined based on the candidate’s qualifications, skills, experience and education. See job details for salary range and bonus type.

Benefits:

BOK Financial offers industry-leading benefits addressing your complete physical, financial and emotional health. Click here to see our benefits.


ABOUT BOK FINANCIAL


BOK Financial is an award-winning $46 billion regional financial services company and one of the top 30 banks in the U.S, based in Tulsa, Oklahoma.

We seek to continually foster and support the principles and values of our company by promoting an environment that is inclusive of the diverse values, opinions, experience, culture and needs of our employees, clients and communities.

FACTS:

  • 5,100 employees
  • 28 years of financial profitability
  • $79+ billion assets under management and administration
  • $5.8 million in charitable contributions in 2019 and $86 million since the start of the BOKF Foundation in 1998



Nearest Major Market: Tulsa
Nearest Secondary Market: Oklahoma

Job Segment: Embedded, Testing, Bank, Banking, CFA, Technology, Finance

Apply now »