Bank Of America Global Markets Risk Senior Manager Commodities 

France, Ile-de-France, Paris 

741821115

Job Description:

Job Title:Global Markets Risk Senior Manager (Commodities)

Up to VP

Role Description:

Market Risk Manager for EMEA Commodities, reporting to the Head of Commodities risk, supporting crucial risk management oversight and analysis for a broad range of trading activities within the Commodities line of business. Resource to support business focused on 1) Building franchise in Power and Gas in Paris across a series of energy markets (Germany, France, Spanish and UK power) and expanding in Canada energy market; 2) Expand the trading of ferrous and non-ferrous metals in exchanges in Asia/China (one of the largest pools of liquidity for this market).

Responsibilities:

• Providing oversight of identification of market risk exposures and mitigation strategies and resolutions in accordance with the bank's limits, as well as regulatory requirements, as applicable
• Providing oversight of risk requests, breach remediations and providing risk effective challenges for front line units
• Overseeing development of market risk coverage plans, execution of monitoring, testing and risk assessments, and market risk reporting for specific products
• Liaising with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk
• Ensuring adherence to the policies and procedures established by the company
• To foster a culture of continuous improvements and risk awareness across the organization at all level of seniority, especially related to the products traded in Global Commodities.

What we are looking for:

• A solid academic background, which may include a postgraduate qualification.
• Good people skills demonstrated across various communication styles (both written and verbal)
• Knowledge of financial markets, ideally with a solid understanding of Macroeconomics
• An understanding of financial derivatives and modelling
• Ability to multi-task and prioritize across several competing demands, meeting tight deadlines

Skills that will help:

• Excellent problem-solving skills
• Highly motivated with the drive and potential to learn from others
• Previous experience as a Risk Manager working directly with the Front Line and performing risk analysis is desirable

France

• Competitive retirement plan in addition to State plans
• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers
• Life and disability insurance
• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later
• Reimbursement of 50% of your commuter pass
• Nursery scheme for children under age 3
• Works council benefits
• Access to an Employee Assistance Programme for confidential support and help for everyday matters
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities
• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.