Market Risk Analyst

Why Bank OZK

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We're nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We're investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.

Job Purpose & Scope

Responsible for contributing to the overall quality of Market Risk Management across the Bank, working in the second line of defense, to provide analytics support for the monitoring of the Bank's Interest Rate and Liquidity Risk exposure. As a member of the Bank's overall Enterprise Risk Management team, this position will also have the opportunity to work in analytics across ERM verticals which monitor risk across various other Basel risk categories (e.g. Strategic Risk, Credit Risk, Operational Risk etc.).

Essential Job Functions

• Monitors the Bank's Market Risk exposure related to Asset Liability Management (ALM), investment and trading portfolio activities and funding and liquidity risks, developing daily, monthly, and quarterly analysis for reporting to the 2nd and 1st lines of defense.
• Continuously monitors Key Risks and related Key Risk Indicators to ensure the business is operating within stated Risk Appetite and taking appropriate action to respond to Risk Appetite breaches.
• Provides effective challenge by assessing the plausibility of the Bank's inputs, assumptions, and results of its ALM solution (Empyrean).
• Performs advanced queries (SQL) against existing data repositories and utilizes technical analyses to support Corporate Risk Management's view of Market and Liquidity Risk at the enterprise level.
• Performs control testing for operational processes related to the Bank's Market and Liquidity risk areas.
• Proactively analyzes various data sources to form an independent assessment/opinion of market and liquidity risk.
• Designs independent methodologies to regenerate existing key risk indicators or to gauge the integrity of the key risk indicators related to Market and Liquidity Risk, as provided by the designated risk owner.
• Leverages existing or creates new supplemental measures that support and inform key risk indicators to provide greater transparency around risk triggers and risk drivers.
• Documents workflows and procedures supporting the governance related measuring, monitoring, analyzing, and reporting risk in the context of the risk appetite framework.
• Provides independent analytics support to the Market Risk team using tools such as SAS, R, Python, PL/SQL, Power BI, etc.
• Regularly exercises discretion and judgment in the performance of essential job functions.
• Maintains good punctuality and attendance to work.
• Follows Bank policy, procedures, and guidelines.

Knowledge, Skills & Abilities

• Knowledge in SAS, VBA, R, Python, PL/SQL and/or Power BI.

• Knowledge of banking operations and financial services.

• Knowledge of the financial services regulatory environment.

• Ability to communicate effectively both verbally and in writing.

• Ability to demonstrate initiative to accomplish work objectives.

• Ability to work effectively and demonstrate flexibility in a continually changing environment.

• Ability to demonstrate effective organization, critical thinking, analytical, and problem-solving skills.

• Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.

• Ability to work without close supervision.

• Ability to maintain confidentiality.

• Ability to work extended hours.

• Ability to work effectively in a team environment.

• Ability to maintain attention to detail.

• Ability to demonstrate effective time management skills.

• Ability to demonstrate effective data/quantitative analysis skills.

• Ability to effectively break down complex matters into core issues and root causes that can be more readily addressed.

• Ability to produce "Board quality" documents, presentations, and analysis.

• Skill in using computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.

Basic Qualifications

• Bachelor's degree in business, finance, statistics, or mathematics, or commensurate work experience, required; Master's degree or higher preferred.
• Minimum of one (1) year of work experience as an analyst in a financial institution preferred.

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

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EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.