Bank Of America Global Markets Risk Manager 

United States, North Carolina, Charlotte 

522891931

Responsibilities:

• Identifies and monitors market risk exposure and develops mitigation strategies and resolutions in accordance with the bank's risk appetite and risk limits identified, as well as regulatory requirements, as applicable

• Manages risk requests, breach remediations and providing risk effective challenges for front line units

• Sets managing risk parameters and guardrails for market risk, while ensuring adherence to risk appetite and limits, and actively designing risk scenarios to implement decisions

• Develops market risk coverage plans, oversees execution of monitoring, testing and risk assessments, conducts analysis and develops market risk reporting for specific products and communicates changes to senior management

• Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk

• Ensures adherence to the policies and procedures established by the company

Required Qualifications:

• Background in Finance, Engineering or Computer Science
• 1-2 years experience working with Traded Products, preferably Securitized Products
• Familiarly with standard market risk measures such a VaR, SVaR, DV01, duration, etc.
• Strong securities product knowledge and analytical/quantitative thinking
• Ability to communicate effectively with senior stakeholders and independently lead initiatives.
• Experience with Bloomberg, Python and SQL is a plus.

Skills:

• Analytical Thinking

• Critical Thinking

• Portfolio Analysis

• Risk Analytics

• Data and Trend Analysis

• Decision Making

• Oral Communications

• Presentation Skills

• Written Communications

• Active Listening

• Issue Management

• Monitoring, Surveillance, and Testing

• Regulatory Compliance

• Technical Documentation

1st shift (United States of America)