Senior Quantitative Credit Risk Analyst at BOK Financial in Tulsa, Oklahoma

Job Description:

Req ID: 58764
Areas of Interest: 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. .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:

- 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).
- 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.
- Identify, analyze and report concentrations of credit, relationship profitability, industry sector exposures and trends, credit risk at portfolio.
- 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.
- 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!

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.