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Bank Of America Global Markets Risk Senior Manager 
United States, New York, New York 
125189916

25.06.2024

Job Description:

Key responsibility to oversee and co-ordinate risk management in BofAS, including the below:
  • 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 prioritize across several competing demands, managing to deadlines

Competencies:
  • Effective team player
  • Intellectual curiosity
  • Excellent problem-solving skills
  • Highly motivated with the drive and potential to learn from others
  • Practical mindset
1st shift (United States of America)