Posted: Sunday, March 4, 2018 1:13 PM
Areas of Interest:Finance
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 Asset/Liability Analyst I supports the management of interest rate risk and capital adequacy of the consolidated BOK Financial Corporation through building and operating advanced financial models of key risk levels and financial positions held on and off the balance sheet. Key responsibility is management of Funds Transfer Pricing for the Corporation. Other responsibilities include advanced financial modeling, asset/liability management, corporate governance support and preservation of economic value and may extend to any area affecting the financial risk position of the company. This role reports to the Asset:Liability Manager who is one of three key managers reporting to the Treasurer of the corporation.
PRINCIPAL DUTIES AND RESPONSIBLITIES
1. Funds Transfer Pricing and Loan Pricing
:Develops, enhances and manages the funds transfer pricing (FTP) process including the daily posting of rates, which ensures that the all the bank's assets and liabilities are properly priced and any interest rate risk is transferred back to Capital Markets where it is best managed
:Works with loan officers daily to provide support and custom pricing for uniquely structured loans
:Develops, enhances and supports the Relationship Pricing Model which enables bankers to properly price the various aspects of their customer relationships and is a primary driver in maintaining relationship profitability
:Reviews and improves FTP methodology and maintains proper documentation in order to provide orderly application of FTP methodology and to facilitate understanding by both management and regulators
:Calculates and enforces yield maintenance fees on fixed:rate loan prepayments, ensuring the bank is properly compensated for risks taken
2. Advanced Financial Modeling
:Develops, enhances, and operates complex financial models related to balance sheet management, interest rate risk, capital stress testing, capital adequacy modeling and regulatory reporting for the Corporation.
:Performs back testing and ensures data integrity.
:Develops and follows control processes as required.
3. Asset/Liability Management
:Monitors balance sheet activity in order to in order to help preserve economic value
:Supports the development and execution of balance sheet hedging strategies for the Bank
:Serves as backup for and must be able to run the bank's interest rate risk model
:Serves to support and back up interest rate derivatives activity that includes both balance sheet hedging and the bank's customer derivatives program
:Performs analysis on key business activities to develop product behavior assumptions
:Develops and follows control processes as required
:Makes risk management recommendations to Asset Liability manager and other senior managers in the Capital Markets department
4. Key Corporate Governance Support
:Performs analysis of and reporting on key financial information including net interest margin, the balance sheet, certain risk positions, capital adequacy and other areas as needed to support the corporate Asset/Liability committee and Capital Committee, and the Risk committee of the Board
:Monitors, understands and meets stringent regulatory requirements
5. Other Analysis and Activities
:Performs other analyses and reporting as needed to support departmental objectives including analysis of loan and deposit portfolios, balance sheet structure and the impact of potential changes in the regulatory environment.
• Location: Tulsa
• Post ID: 20000742 tulsa