BOK Financial

Req ID: 75951 

Location: Oklahoma City -OKC, Albuquerque -ALBQ, Dallas -DAL, Fort Worth -FTWT, Houston -HOUS, Kansas City -KSCY, Overland Park -OVPK, Phoenix -PHOE, Stamford -STAM, Tulsa -TUL 

Areas of Interest: Accounting; Finance; Professional 

Pay Transparency Salary Range: $100,000 - $130,000 

Application Deadline: 03/31/2025

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 Type

Discretionary

Summary

BOK Financial is committed to fostering long-term client relationships by attracting top talent. The company emphasizes innovation, growth, and teamwork, providing a dynamic environment for employees to excel. At BOK Financial, we believe in the power of being one team. Success is achieved through a dedication to high standards, a passion for excellence, and a collaborative spirit that unites us in our mission.

Job Description

The Product Control Manager performs independent price verification (IPV) procedures across a range of fixed income securities and derivative contracts within the company’s trading inventory. The position is responsible for ensuring accurate and timely reporting of profit and loss (P&L) for trading desks and analyzing trading data to provide insights on P&L drivers to stakeholders. The Product Control Manager is also responsible for pushing forward multiple initiatives to streamline P&L reporting across all trading desks. The product control team provides a critical role in ensuring the company’s books and records accurately represent fair value and are a key liaison with the Front Office Trading Desks, Market Risk, Middle Office, Information Technology and Financial Reporting.

Team Culture

BOK Financial fosters a collaborative, goal-oriented culture where employees follow established standards, receive support from accessible managers, and engage in mentorship. The company values accuracy, initiative, and community involvement, offering an exciting opportunity for growth and teamwork. 

How You'll Spend Your Time

• You will independently validate trading position valuations as part of the IPV process.
• You will collaborate with Front Office trading personnel to produce daily, weekly, and monthly P&L results and analysis.
• You will ensure accurate and timely reporting of profit and loss (P&L) for all trading desks.
• You will analyze trading data to provide insights on P&L drivers.
• You will work with IT to develop automated P&L reports and reconciliations.
• You will develop and implement processes to enhance the efficiency and accuracy of financial reporting.

Education & Experience Requirements

This level of knowledge is normally acquired through the attainment of the Certified Public Accountant (CPA) designation and ­­8+ years of directly related in fixed income securities and related derivative contracts valuation, product control, market risk or financial reporting. CPA certification generally requires completion of a master’s degree with a minimum of 30 hours concentrated in accounting above principles of accounting or introductory level. Attainment of Financial Operations Principal license (Series 27) and Operations Professional license (Series 99) within 1 years of hire is expected. Other relevant certifications may also be considered.

• Deep understanding of the principles and methodologies used in the valuation of fixed income securities and related derivative contracts
• Strong writing skills and ability to provide reliable and succinct commentary on P&L results
• Able to communicate and present effectively to key stakeholders across the organization
• Ability to manage and analyze large volumes of data utilizing Excel, SQL, Alteryx and / or Visual Basic
• Ability to develop and maintain SQL queries of moderate complexity.
• Ability to multitask and be adaptable to tight deadlines
• Knowledge of back-office trading financial systems (i.e. Broadridge Impact) preferred
• Knowledge of front office trading systems (i.e. Ion and Bloomberg) preferred
• Knowledge of mortgage-backed securities (MBS), To-be-announced (TBA), collateralized mortgage obligations (CMO) and municipal trading strategies preferred
• Power BI experience preferred
• Demonstrated ability to build and review complex mathematical / data transformations to analyze trading data
• 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

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.