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Bank Of America Global Markets Risk Executive DIR/MD - Mortgages Securitized Products 
United States, New York, New York 
802927560

16.07.2024

Job Description:

Job Description:

This job is responsible for:

• Evaluating new transactions in the trading and lending books. Analyze complex situations in trades while negotiating/resolving issues with the business to ensure best outcome for the firm
• Strategically applying analytical thinking and subject matter expertise of real estate and capital markets to guide front line units through trade life cycle
• Identify and monitor market risk and emerging themes across the existing portfolio
• Liaising with senior leadership in both risk and trading desk on strategic direction
• Review of stress testing results and design of new scenarios
• Interacting with external regulators on ad-hoc and periodic reviews
• Providing guidance and training to develop junior members of the team


Required Qualifications:

  • 10+ years of Market Risk or front office experience with a good understanding of key risk metrics such as VaR, Stress testing etc.

  • 10+ years of experience in Securitized Products Risk Management

  • Good understanding of real estate and credit markets.

  • Proven finance or risk background with quantitative skills

  • Ability to build good relationships whilst maintaining independence, handle disputes, negotiate with traders and enforce difficult decisions.

  • Ability to communicate clearly and concisely with traders, senior management and other areas of the bank understanding the requirements of each group.

  • The candidate should have a good understanding of IT systems and their development process.

  • Ability to multi-task and priorities, to meet deadlines without compromising on quality

  • Ability to understand and communicate more complex proposals for management review, requiring good oral and written skills

  • Excellent problem solving skills

Desired Qualifications:

  • Understanding of regulatory environment affecting Finance industry and the impact on market risk.

  • Experience working within Real Estate or Credit market risk

  • Motivation to deliver in challenging fast paced environment

  • Familiarity with Microsoft Excel essential

1st shift (United States of America)