Bank Of America Global Markets Risk Executive 

United States, New York, New York 

859771900

Job Description:

• Management and direction of market risk management in the entity;
• Review and challenge of trading desk activity in the entity;
• Executive reporting to the CRO and the Management Risk Committee of the entity;
• Management of market-risk specific regulatory dialogue, including the approved IMA capital model, VaR Methodology and Regulatory Capital;
• Ensuring global consistency of policies, procedures, analysis, monitoring and reporting of market risk;
• Analysis of model risk, the implementation of the New/Complex Product Approval Process, limit approval authority and reporting of market risk.
• Leadership and development of the Market Risk team in NYC;
• Collaboration with the Market Risk teams in AMRS and Top of House to ensure alignment of approach and efficiencies of processes;
• Innovation of risk management capabilities
• A quantitative specialist, with hands-on skills in data analysis, manipulation and development of prototype risk reports
• Leadership, management, product knowledge and trading or quantitative skills are necessary.
• Incumbents typically have significant experience of market risk management or trading.
• Solid academic background, which may include a postgraduate qualification
• Strong people skills demonstrated across various communication styles (both written and verbal)
• Ability to multi-task and prioritise across several competing demands, managing to deadlines

• Effective team player
• Intellectual curiosity
• Excellent problem-solving skills
• Highly motivated with the drive and potential to learn from others
• Practical mindset