Quantitative Modeling Analyst I

3 weeks ago

Tulsa, United States BOK Financial Full time

Req ID: 75220 

Location: Tulsa -TUL 

Areas of Interest: Risk Management; Business/Technical Analysis 

Pay Transparency Salary Range: Not Available 

Application Deadline: 09/06/2024

BOK Financial Corporation Group includes BOKF, NA; BOK Financial Securities, Inc. and BOK Financial Private Wealth, Inc. BOKF, NA operates TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial®.

Bonus TypeDiscretionarySummary

If you are looking for a job that combines a passion for innovation, an opportunity for growth, and a culture of teamwork, then you've come to the right place.  We have an exciting opportunity awaiting someone like you

Job Description

The Quantitative Modeling Analyst I is primarily responsible for identifying, measuring, monitoring, and managing the risk of complex and strategically important models such as those used in AML, Asset/Liability Management, CECL, Market Risk Rule, pricing, profitability, regulatory capital, underwriting, fraud, fair lending, etc. This involves understanding the theoretical framework of the model including assumptions and limitations, the context of business decision making, how well the model employs advanced analytical methods, variable selection, development, and the interactions/dependencies among data, systems, processes, and models both internal and external to the organization. Additionally, the Quantitative Model Risk Analyst I must understand risk and risk management principles covering all eight types of risk associated with the use of models: Strategic Risk, Operational Risk, Reputation Risk, Compliance Risk, Credit Risk, Liquidity Risk, Interest Rate Risk, and Price Risk.

Team Culture

A career with BOK Financial will provide you opportunities and benefits that can only come from working for a trusted industry leader. Work with amazing, energetic team members and a company dedicated to your success, growth, and advancement.

How You'll Spend Your Time
  • You will perform independent model validation activities to ensure models are working as intended and model reliability is understood.
  • You will build strong working relationships with model owners and users to gain a comprehensive understanding of the business purpose and assumptions used in the development of the models.
  • You will measure the potential impact of model limitations, parameter estimation errors and deviations from model assumption, and will compare model outputs with empirical evidence from model benchmarks.
  • You will assist with the development of remediation plan recommendations when assigned model outputs fall short of defined objectives.
  • You will formulate clear and concise communications regarding model analyses specifying outcome discrepancies, risk identification, regulatory, and policy issues.
  • You will present observations to senior leaders, developers, and users in order to make recommendations for action plans, and tracks remediation progress.
  • You will work with external regulators and internal auditors as the subject matter expert on assigned models to demonstrate the operational soundness of the model risk management program.
Education & Experience Requirements

Advanced degree (Master+) in Mathematics, Statistics, Econometrics, Finance, STEM, or other quantitative discipline; CFA, FRM, CPA, CIA, CISA, or other relevant professional designations considered.

  • Minimum 3–5 years of in-depth quantitative analysis experience in a discipline relevant to financial risk management to include statistical/econometric analysis, predictive modeling, prepayment, option pricing, sensitivity analysis, stress testing, etc.  
  • Proficiency with common statistical and programming software (R, SAS, Python, SQL, VBA, or similar)
  • Solid understanding and knowledge of model performance measures
  • Solid understanding of model development and validation methodologies & processes
  • Strong project management skills
  • Ability to produce high quality technical documentation.
  • Knowledge of regulatory requirements related to model risk management (FRB/OCC SR 11-7), Basel II/III capital requirements, Dodd-Frank Act Stress Testing (DFAST), and OCC 12 CFR, Part 30, Appendix D (Heightened Standards), etc.
Working Conditions & Physical RequirementsOffice - 20 lbs

BOK Financial Corporation Group is a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees. With passion, skill and partnership you can make an impact on the success of the bank, customers and your own career  
Apply today and take the first step towards your next career opportunity
 
The companies in BOK Financial Corporation Group are equal opportunity employers.  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, pregnancy status, sexual orientation, genetic information or veteran status.

Please contact recruiting_coordinators@bokf.com with any questions. 

  • Quantitative Modeling Analyst

    22 hours ago

    Tulsa, Oklahoma, United States BOK Financial Full time

    Job SummaryWe are seeking a highly skilled Quantitative Modeling Analyst to join our team at BOK Financial. As a key member of our risk management team, you will be responsible for identifying, measuring, monitoring, and managing the risk associated with complex models used in financial risk management.Key ResponsibilitiesPerform independent model validation...

  • Quantitative Risk Analyst I

    1 week ago

    Tulsa, Oklahoma, United States BOK Financial Full time

    Position ID: 75220Location: Tulsa -TULFocus Areas: Risk Management; Business and Technical AnalysisSalary Transparency: Not AvailableApplication Deadline: Not SpecifiedBOK Financial Corporation encompasses BOKF, NA; BOK Financial Securities, Inc. and BOK Financial Private Wealth, Inc. BOKF, NA operates various banking divisions.Bonus...

  • Junior Quantitative Risk Analyst

    4 days ago

    Tulsa, Oklahoma, United States BOK Financial Full time

    Position OverviewThe Quantitative Modeling Analyst I plays a crucial role in assessing, quantifying, and overseeing the risks associated with intricate and strategically significant models. These models are utilized in various areas such as Anti-Money Laundering (AML), Asset/Liability Management, Current Expected Credit Loss (CECL), Market Risk regulations,...

  • Financial Analyst

    19 hours ago

    Tulsa, Oklahoma, United States BOK Financial Full time

    Job SummaryWe are seeking a highly skilled Quantitative Modeling Analyst to join our team at BOK Financial. As a key member of our risk management team, you will be responsible for identifying, measuring, monitoring, and managing the risk associated with complex models used in various business areas.Key ResponsibilitiesPerform independent model validation...

  • Financial Analyst

    4 days ago

    Tulsa, United States The Bama Companies Full time

    Job DescriptionJob DescriptionFinancial AnalystEmployment Type: Full Time Exempt/Non-Exempt: Exempt Description The Financial Analyst, Corporate Finance supports company management and operational leadership as a consultative business partner by performing a variety of financial analytics, data modeling, critical reporting, providing decision & operational...

  • Reporting - Senior Health Data Analyst

    4 weeks ago

    Tulsa, United States CommunityCare Full time

    JOB SUMMARY: The Senior Health Data Analyst provides the analytical support for Executives and all departments including analysis, pricing, capitation, network, and provider specific reporting. Analytical support includes programming customer-based specifications, producing appropriate statistics, reports, and presentations, analyzing results and impacts,...

  • Data Analyst

    1 week ago

    Tulsa, United States Counseling & Recovery Services, LLC Full time

    We have an opening at our Yale office. The role of a Data Analyst requires the completion of a data analyst or related associate degree, certificate or other related training. Bachelor's degree or equivalent in business administration, data science, statistics or in a healthcare administration related field preferred.Two years of experience as a data analyst...

  • Data Analyst

    1 week ago

    Tulsa, United States Counseling & Recovery Services, LLC Full time

    We have an opening at our Yale office. The role of a Data Analyst requires the completion of a data analyst or related associate degree, certificate or other related training. Bachelor's degree or equivalent in business administration, data science, statistics or in a healthcare administration related field preferred. Two years of experience as a data...

  • Reporting - Senior Health Data Analyst 135-2030

    3 weeks ago

    Tulsa, United States CommunityCare Full time

    JOB SUMMARY: The Senior Health Data Analyst provides the analytical support for Executives and all departments including analysis, pricing, capitation, network, and provider specific reporting. Analytical support includes programming customer-based specifications, producing appropriate statistics, reports, and presentations, analyzing results and impacts,...

  • Reporting - Health Data Analyst II 135-2004

    3 weeks ago

    Tulsa, United States CommunityCare Full time

    JOB SUMMARY: The Analyst II provides analytical support for all departments, including analysis, pricing, capitation, network and provider specific reporting. Analytical support includes creating and executing intermediate to advanced level reports and programs and programming modifications to previously written reports. The Analyst II will collaborate with...

  • Pipeline Modeling Engineer

    1 week ago

    Tulsa, Oklahoma, United States ONEOK Full time

    #WeAreONEOK - Fortune 500 company. Over a century of service. Premier midstream service provider. Commitment to safety. Sustainable practices. Environmentally conscious. Employee-oriented. POSITION SUMMARY As part of the Operations Control Support team, the CPM (Computational Pipeline Modeling)/Leak Detection Engineer plays a vital role in ONEOK's dedication...

  • Air Quality Business Analyst

    3 months ago

    Tulsa, Oklahoma, United States GDH Full time

    Air Quality Business AnalystSUMMARY STATEMENT:The position is responsible for collaborating with the Sustainability Team, and cross-functional partners across the Company, to understand business needs, provide advice and support to the team on current Environmental, Social, Governance (ESG) initiatives, formulate and complete end-to-end analysis including...

  • Research Analyst

    4 weeks ago

    Tulsa, United States InTulsa Initiative LLC Full time

    Job DescriptionJob DescriptionDescription:BACKGROUNDDiscover Tulsa For You and Me: a collection of talent and economic development programs building a vibrant and inclusive city through a booming economic landscape for Tulsa. We are forging strategic connections between talented professionals and innovative companies in future-focused industries such as...

  • Junior Analyst Finanziamenti Imprese

    1 month ago

    Tulsa, United States CDP Group Full time

    Seleziona la frequenza (in giorni) di ricezione di un avviso: Junior Analyst Finanziamenti Imprese - Gestione Separata Società: Gruppo Cassa Depositi e Prestiti Cassa Depositi e Prestiti ricerca "Junior Analyst Finanziamenti Imprese - Gestione Separata". La risorsa verrà inserita nella Direzione “Business”, nell’area “Imprese e Istituzioni...

  • Real Estate Analyst

    3 months ago

    Tulsa, United States Gold Wynn Management LLC Full time

    Job DescriptionJob DescriptionThe Real Estate Analysts will provide financial analysis to support property financing, acquisition, marketing, and leasing. They will advise our senior teams based on economic conditions, market trends, and financial situations. The Real Estate Analysts will research market trends and statistics to forecast immediate futures...

  • PayrollIS Analyst

    1 month ago

    Tulsa, United States The Bama Companies Full time

    Job DescriptionJob DescriptionC2409: Payroll/HRIS AnalystEmployment Type: Full Time Exempt/Non-Exempt: ExemptThe Payroll/HRIS Analyst will be responsible for assisting in the management and supervision of the payroll process, effectively resolving issues, ensuring payroll progresses to accurate outcomes, while maintaining confidentiality. This position will...

  • Financial Analyst

    3 months ago

    Tulsa, United States Strategic Business Consulting Services Full time

    About the job Financial Analyst Position: Financial Analyst Location: Tulsa, OK ONSITE Salary: up to 95K SBCS has partnered with a growing organization who is seeking a highly skilled and motivated Financial Analyst to join their team on a full-time, permanent basis. The ideal candidate will have a strong background in finance and a passion for analyzing...

  • Financial Analyst I: South Campus

    4 months ago

    Tulsa, United States Saint Francis Health System Full time

    Performs financial/general ledger duties for assigned entities. Minimum Education: Bachelor's degree in Accounting or related field, preferred. Licensure, Registration and/or Certification: None. Certified Public Accountant (CPA), preferred. Work Exp Financial Analyst, Financial, Analyst, Accounts Receivable, Banking, Healthcare

  • Property Investment Analyst

    3 days ago

    Tulsa, Oklahoma, United States Gold Wynn Management LLC Full time

    Position OverviewThe Property Investment Analyst will conduct comprehensive financial assessments to facilitate property financing, acquisition, marketing, and leasing strategies. This role involves providing insights to senior management based on prevailing economic conditions, market dynamics, and financial analyses. The analyst will investigate market...

  • Data Analyst

    4 days ago

    Tulsa, Oklahoma, United States Counseling & Recovery Services, LLC Full time

    About the RoleCounseling & Recovery Services, LLC is seeking a highly skilled Data Analyst to join our team at our Yale office. As a Data Analyst, you will play a critical role in supporting our efforts to demonstrate effectiveness in meeting grant and program outcomes through data collection, monitoring, and reporting.Key ResponsibilitiesData collection and...