BOK Financial is fostering a culture where individuals can excel and grow their careers. The Market Risk Analyst I role involves aggregating and evaluating complex risk exposures, providing risk mitigation tools, and reporting to senior leadership. The role requires problem-solving skills, understanding of banking products and regulations, and the ability to anticipate and respond effectively to changing situations.

The Market Risk Analyst I - Broker / Bank Dealer aggregates and evaluates complex risk exposures according to tolerance levels set by BOKF Board, executive management, and leadership committees. In carrying out the responsibilities of this position, the incumbent acts as an independent body to provide preventative and detective tools to mitigate risk, provide monitoring and oversight reporting to senior leadership and oversee resolution of out of tolerance positions.

BOK Financial offers a career filled with opportunities and benefits, fostering your success, growth, and advancement with a team of energetic colleagues. Upholding integrity and honor, we build trust and relationships, living our company values daily in a community-bank environment with large-bank capabilities.

• You'll be crucial in creating and applying analytical models for independent valuation and risk evaluation of securities and derivatives, aiding decision-making, and risk management.
• You will analyze complex trading exposures and strategies, requiring critical thinking and a broad understanding to handle varied, out-of-tolerance situations across the Corporation.
• You will conduct intricate product evaluations necessitating advanced analytical, interpretive, and creative thinking in diverse scenarios.
• You will be responsible for creating daily reports detailing the status, market values of assets, and their performance relative to risk limits.
• You will work with the management and senior team to improve procedures and implement new technologies for efficient market risk assessment and detection of situations surpassing tolerance levels.
• You will propose modifications to procedures and systems to reduce risk and enhance reporting and supervision.
• You will collaborate with management and trading teams to recommend remediation plans for assigned positions that exceed set tolerance levels.
• You will actively collaborate with the trading teams to enhance your understanding of their operations, clientele, and tactics.
• You will have various interactions with trading desks that will include understanding of current market dynamics on Fixed Income products.
• Your responsibility will be to endorse, manage, and articulate risk management policies and practices within the Broker/Bank Dealer.
• You will be significantly collaborating with various business lines such as Risk Management, Corporate Treasury, Financial Accounting, and Internal Audit.
• You will use a consultative strategy to promote early identification and resolution of potential problems.
• You will conduct research on industry, financial services, and regulatory matters to enhance your knowledge, identify trends, and use this information to suggest alterations to existing protocols and procedures.

This level of knowledge is normally acquired through completion of bachelor's degree in finance, Economics, Accounting, Business, Engineering, or related field and 1-2+ years of experience related to risk management, risk control, financial analysis, and derivatives valuation and strategy.

• Awareness of risk methodologies (VaR, expected shortfall, stress testing)
• Experience with analytics software (Python, SAS, R, SPSS, MATLAB, or similar programming language) and relational databases (SQL)
• Experience in report design, accessing, and manipulating data.
• Experience with Power BI/Tableau/Spotfire or similar business intelligence tools.
• Experience with documenting and version controlling source files (Git).
• Strong ability to build and review complex mathematical transformations to determine existing and projected derivative and embedded option security risks.
• 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.