Expoint - all jobs in one place

Finding the best job has never been easier

Limitless High-tech career opportunities - Expoint

Bank Of America Vice President Global Markets Risk Manager 
China, Hong Kong, Hong Kong Island 
346708662

26.07.2024

Job Description:

Job Description:

Key responsibilities include analysis and reporting of market risk for overall region across LOBs and asset classes, overseeing regional market risk reports and key management updates that get distributed to senior executives and regulators, and act as key contributor for APAC GMR team in global and regional workstreams on initiatives such as FRTB implementation.

Responsibilities:

  • Responsible for FRTB related work within Asia Global Markets Risk, including analysis and explanation of model output. Participate in regional and global implementation workstreams, and review and challenge in the implementation process as second line function representative
  • Review, analyze, and monitor regional market risk portfolio and summarize key updates in executive reporting
  • Lead cross-asset class risk analysis, deep dives and project work related to Global Markets
  • Develop response to risk related queries from internal or external stakeholders, and perform market risk exposures analysis, drill downs and/or risk trend analysis.
  • Lead and participate in key and strategic initiatives as well as issues management. Effectively and efficiently coordinates and drives execution of key priorities.
  • Collaborate effectively with other Global Risk Management teams globally, Front Line Units, and other Enterprise Control Functions on the execution of governance initiatives, and to ensure consistency and best practices across the enterprise

Skills:

  • At least 6-7 years in market risk management, related functions or equivalent experience
  • Knowledge of market and counterparty risk management and experience with regulatory and internal audit interactions
  • In-depth knowledge of FRTB and its implications on market risk management
  • Interest in financial markets and have good understanding of financial products
  • Ability to communicate clearly and concisely with good people skills.
  • Ability to multi-task and prioritize across several competing demands.
  • Excellent analytical and problem solving skills and is proactive in challenging the status quo and driving improvements
  • Excellent verbal and written communication skills, including proven ability to develop executive ready communications and presentations
  • Exceptionally strong attention to accuracy, detail and consistency
  • Confidence in working and communicating with senior leadership team
  • Self-motivated, intellectually curious and enthusiastic
  • Understanding of regulatory environment affecting the financial industry and the impact on market and counterparty risk management