Bank Of America Capital Risk Manager 

Ireland, Dublin 

664173192

Responsibilities:

• Develop capital rule expertise on Basel III Endgame regulations with specific focus on the Market Risk section known as the Fundamental Review of the Trading Book (FRTB)
• Support EFR coverage of Basel III Endgame by executing capital calculation testing and performing review and challenge of regulatory rule interpretations
• Develop and demonstrate acumen for the identification of risks and mitigants (including market and economic environment and connectivity to other risk stripes)
• Ensure understanding of the business processes that may increase our risk, as well as the mitigants to that risk
• Assist in the establishment of all Enterprise Risk Management Program requirements (see program elements above)
• Coordinate and conduct execution of risk framework activities that are the responsibility of EFR, including but not limited to independent review and risk assessment of FLU owned processes (e.g. capital calculation, capital forecasting, etc.)
• Conduct and ensure appropriate and adequate documentation for all independent risk reviews and risk points of view, including appropriate escalation and communication to Senior Management
• Conduct and document risk’s acceptance and understanding of the capital impacts from new products and new transactions
• Deliver effective review and challenge of front-line owned processes that generate or impact our risk or Capital position
• Enhance the Risk landscape, by ensuring our balance sheet and business model is appropriately stressed across a variety of scenarios, baseline to bankruptcy (resolution)
• Provide subject matter expertise related to Capital risk management process and Capital stress testing to the Risk verticals teams, Corporate Treasury and other partners across the enterprise, in order to drive the execution of the stress testing framework and ensure Risks identified are reflected across all scenarios

What we are looking for:

• Demonstrable Markets Risk, Finance, Accounting or Risk Management experience. Note, Diverse backgrounds or experiences welcomed; however knowledge of capital rules and application of the rules required, capital markets product knowledge a plus.
• Proficiency with PowerPoint and Excel. Writes in a clear, concise, organized, and convincing manner for the intended audience
• Strong business-centric mindset with ability to utilize sound business judgment and tailor approach to drive optimal business outcomes
• Vision- Takes a long-term view and builds a shared vision with others; acts as a catalyst for organization change. Influences others to translate vision into action
• Communication- Can articulately paint credible pictures & visions of possibilities and likelihoods
• Resilience- Deals effectively with pressure; remains optimistic and persistent, even under adversity. Recovers quickly from setbacks. On occasion required to take an unpopular stand
• Collaboration- Develops networks and builds alliances; collaborates across boundaries to build Capital relationships and achieve common goals. Influencing and negotiating across external stakeholders (regulators) as well as internal groups including LOB Risk teams, Corporate Treasury, GRRP, Audit & Compliance to drive execution
• Interpersonal Skills- Treats others with courtesy, sensitivity, and respect. Considers and responds appropriately to the needs and feelings of different people in different situations
• Leveraging Diversity - Fosters an inclusive workplace where diversity and individual differences are valued and leveraged to achieve the vision and mission of the organization. Exposure and involvement with Employee Engagement initiatives including supporting Diversity & Inclusion efforts
• Developing Others- Develops the ability of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methods

Ireland

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
• Ability to donate to charities of your choice and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.