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Senior Quantitative Credit Risk Analyst

Tulsa, OK, US

Req ID: 50099 

Areas of Interest: Credit Administration; Risk Management 

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.

Upon application to this position, you will be taken directly to an assessment. This assessment measures the job-related qualities that make a person productive by evaluating thinking and reasoning style, behavioral traits, and occupational interests. Please be sure you have 30-45 minutes to complete this. You will not be able to stop and return once you begin. It is recommended that you complete the assessment in a quiet setting without distractions.

The Senior Quantitative Credit Risk Analyst is responsible for developing, enhancing and maintaining models and analytics which leverage risk-related information to identify credit concentrations, predict losses, measure portfolio profitability and analyze individual credits including those which specifically satisfy various regulatory requirements. Model development may be highly complex when related to areas where precedent and loan loss history does not exist. Reports to the Quantitative Credit Risk Manager.

PRINCIPLE DUTIES AND RESPONSIBILITIES:
  1. Develop, enhance, and maintain stress testing methodology to satisfy various regulatory requirements (DFAST, CECL). This requires thorough statistical analysis of underlying data requiring regression and time series analyses, and understanding of risk factors that impact the credit quality of portfolios. Develop, enhance, and maintain financial/statistical models related to Allowance for Credit Loss (ACL). Develop, enhance, and maintain financial/statistical models for portfolio analytics purposes such as credit limit setting and loan loss reserve. Prepare thorough documentation that satisfies BOKF’s model analytics standards, audit requirements, and the Bank’s regulators (FRB, OCC and SEC).
  2. Implement automation of industry specific stress tests within the Credit Portfolio Datamart Project for various BOKF lines of business beginning with Energy, CRE, and Healthcare and expanding to meet the ongoing lending expansion (by market and new product). Continually assess methodology of automation to ensure and maintain relevant results.
  3. Identify, analyze and report concentrations of credit, relationship profitability, industry sector exposures and trends, credit risk at portfolio.
  4. Work daily with other analysts within Credit to provide regular ongoing model performance assessments and reporting. Review results monthly with senior management and provide recommendations.
  5. Develop and track forward looking credit risk metrics based on national macroeconomic data as well as internal data. Complete other projects and initiatives in support of broader Credit Administration goals.


KNOWLEDGE, SKILLS and ABILITIES:
  • Strong understanding of quantitative credit risk modeling, including PDs, LGDs, EADs, vintage analysis, migration matrices, etc./li>
  • Excellent quantitative and financial modeling and analytical skills, including mathematical programming experience, SAS and R preferred
  • Statistical skills especially in the area of hypothesis testing, regression and discriminant analyses
  • Extensive experience with advanced Excel functions, VBA preferred
  • Solid understanding of model validation basics, particularly surrounding documentation, and control environment processes
  • Ability to deal with ambiguity
  • Solid interpersonal skills including good oral and very good written communication skills with the ability to explain complex topics to multiple levels higher and lower in the organization and to synthesize quantitative results and qualitative factors into conclusions suitable for executives and regulators
This level of knowledge is normally acquired through the completion of Masters’ degree or higher in Math, Statistics, Econometric Modeling or other applied quantitative modeling disciplines combined with a Bachelor’s degree in Finance, Economics or related discipline in addition to 5+ years of banking or related work experience with a publicly traded financial institution in Credit, Risk Management, Corporate Treasury or Corporate and/or Line-of-Business Finance.

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!

Upon application to this position, you will be taken directly to an assessment. This assessment measures the job-related qualities that make a person productive by evaluating thinking and reasoning style, behavioral traits, and occupational interests. Please be sure you have 30-45 minutes to complete this. You will not be able to stop and return once you begin. It is recommended that you complete the assessment in a quiet setting without distractions.
 
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.

Attention All Third Party Agencies, Headhunters, and Recruiters
BOK Financial and its Subsidiaries will not accept candidate submission by unsolicited third parties through this site or any company email address. All unsolicited candidates presented to BOK Financial and its Subsidiaries will be considered the property of BOK Financial. BOK Financial and its Subsidiaries will not be responsible for any fees associated with unsolicited candidates, nor will a contractual relationship be formed by the submission. BOK Financial and its Subsidiaries are not obligated and will not under any circumstances pay any fees to said third parties submitting candidates in this manner. BOK Financial and its Subsidiaries only forms contracts with recruiters with whom we have an established business relationship and with whom we have in place a signed agreement. All contact with BOK Financial and its Subsidiaries from third parties must be through our Human Resources Department. Any contact made outside of the BOK Financial Human Resources Department by a third party will cancel any future business relationships between the third party and BOK Financial.


TOP 3 REASONS TO APPLY


Investing in our talent and building a great workplace is a top priority at BOK Financial.


  • Empowered employees
  • Award-winning culture
  • Community commitment



ABOUT BOK FINANCIAL


BOK Financial is a regional banking powerhouse and one of the top 25 banks in the U.S. We are based in Tulsa, Oklahoma, and diversified in a variety of industries, businesses, and geographies throughout the U.S.

FACTS:

  • 4,900 employees
  • 27 Years of financial profitability
  • $30+ billion in assets
  • $5.2 million in charitable contributions in 2017



Nearest Major Market: Tulsa
Nearest Secondary Market: Oklahoma

Job Segment: Risk Management, Credit Analyst, Quantitative Analyst, Credit, Developer, Finance, Data, Technology

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