Market Risk Analyst

Our team excels in risk assessment by leveraging extensive industry knowledge, analytical skills, and a systematic approach to identify and mitigate risks. We ensure effective risk management tailored to BOKF's needs through comprehensive evaluations, continuous monitoring, and interdepartmental collaboration. By reviewing operations, providing feedback on best practices, and identifying opportunities to enhance controls, we help BOKF achieve its objectives and improve overall risk management.

The Market Risk Analyst aggregates and evaluates low to moderately complex market and counterparty risk exposures according to tolerance levels set by the BOKF Board, executive management, and leadership committees. In carrying out the responsibilities of this position, the analyst identifies, escalates, and oversees the resolution of out-of-tolerance positions with moderate oversight.

BOK Financial's culture is rooted in its history, starting in 1910 as a regional capital source for the energy industry and evolving into a dynamic financial institution. Our growth from Tulsa, Oklahoma to a nationwide presence reflects our commitment to agility, strong client relationships, and innovative financial solutions. We prioritize serving our clients, fostering a positive work environment for our employees, and making a meaningful impact in the communities we serve, believing that every financial challenge and opportunity is significant.

• You will assist senior team members in developing new policies, processes, and models.
• You will analyze exposures and strategies, identifying out-of-tolerance positions with moderate oversight.
• You will assist in post-evaluation to ensure actions are implemented and risks are remediated.
• You will monitor and report daily on positions, fair value, and performance against risk limits, recommending remediation plans.
• You will recommend improvements to procedures and technologies for better risk measurement and reporting.
• You will collaborate significantly with various business lines, including Risk Management and Corporate Treasury.
• You will use a consultative approach to encourage early escalation and resolution of potential issues.

This level of knowledge is normally acquired through completion of a Bachelor's Degree in Finance, Mathematics, Economics, Statistics, Engineering or related field of study and/or 0 - 5 years of directly related experience in risk management, risk control, financial analysis, or derivatives valuation and strategy.

• Awareness of instrument pricing methodologies for bonds and derivatives
• Awareness of risk methodologies (VaR, expected shortfall, stress testing)
• Experience with some form of trading participation or oversight
• Experience with analytics software (Python, R, MATLAB, or similar programming language), BI tools (Power BI, Tableau), and relational databases (SQL)
• Developing ability to build and review complex mathematical transformations to determine existing and projected trading risks
• Developing knowledge of sources, impact and measure of interest rate, liquidity, and price risk
• Developing knowledge and understanding of risk exposure measurements and data gathering techniques
• Knowledge of financial markets and instruments.
• Familiarity with regulatory frameworks and compliance standards.
• Strong analytical and quantitative skills.
• 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 the ability to present complex information and issues in a clear and concise manner.