Bank Of America Sr Analyst 

India, Maharashtra, Mumbai 

402265979

Job Description:

Responsibilities*

• Identify and analyse all significant risks across the line of businesses and ensure Senior Management are kept informed. Daily Risk/VaR Sign offs, Reporting, Limits management.
• Liaising closely with the business and other support functions to ensure risks are within firm’s risk appetite and correctly captured.
• Identify risk concentration and determine the circumstances under which the business portfolio could incur material losses.
• Report and monitor positions against market risk metrics and limits. Liaise closely with the business to detail any overages and set limits.
• Drive regulatory projects working closely with other functions like Quants, Market Data etc. and regularly apprise updates to Senior management.
• Assist in the setup, configuration and implementation of new and upgraded risk management systems.
• Validate and produce information that is distributed to the relevant regulators.
• Assist in ad-hoc risk related queries, drill down analysis, specific risk analysis, VaR and risk trend analysis, reports and analysis for regulators.
• Represent the market risk function in cross function projects – migration and larger scale system changes.

Requirements*

• Bachelors/Masters/Top tier – Engineering, MBA, BCom, CA etc.
• Certifications If Any -CFA, FRM etc. will be an added advantage
• Experience Range*5 – 7 years
• Foundational skills*
• Experience in a trading / market risk related field with a strong focus in Risk Management ofmultiple asset classes.
• Intellectually curious with the ability to investigate and develop root cause analysis for portfolio changes
• Experience working with large data sets
• Experience with Python or other similar languages
• Experience with Tableau, Alteryx or other similar tools
• High level of proficiency with Microsoft Excel
• Adept at communication with ability to influence co-workers across our global team and all levels of the organization including escalation of issues
• Ability to aggregate and synthesize complex data from multiple sources
• High level of attention to detail.
• Desired skills*
• Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
• Experience and understanding of common market risk metrics like Value at Risk (VaR)
• Experience with regulatory reporting, regulatory exams, and/or audit
• Experience with Projects related to Regulatory Capital model (FRTB).

Work Timings*

12 Noon to 9 pm IST

Job Location*

Gurugram, Hyderabad & Mumbai