Bank Of America EMEA Equities Market Risk Manager 

United Kingdom, England, City of Westminster 

762776687

EMEA Equities Market Risk Manager

Role Description:

You will work as part of the Market Risk Management team to covering Global Equities. In addition to providing independent oversight of the market risks taken by the Global Equities business, the market risk manager will assess a broad spectrum of risks for the desk, liaising with other risk functions as necessary, including operational, credit, and counterparty risks. This role requires close interaction with the trading desk and other risk and support groups (i.e. Finance, Quants, Technology, etc.). Product knowledge and quantitative skills are necessary

Responsibilities:

• Review market risk positions, particularly under potential risk scenarios, and raise challenges to the desk if necessary. Liaise closely with the businesses to understand market trends and to report exposure under different market conditions.
• Propose to senior management appropriate market risk limits for the trading desk within the firm's risk appetite.
• Help enhance the firm's risk management capabilities.
• Review risks related to non-standard or structured trades and new products.Liaise closely with the business and other support functions to determine the nature and size of risks and ensure they are within the firm’s risk appetite.
• Provide detailed explanations of the market risk of the desk, both internally to senior management and the trading desk, and externally to the Bank's regulators.

What we are looking for:

• Good quantitative analytical skills, knowledge and interest of financial markets.
• Excellent written and oral communications, interpersonal, and organizational skills.
• Excellent work ethic and the ability to drive results
• Willing to analyze exposure and risk reports in-depth daily and follow-up on significant changes.
• You must be able to build strong relationships with the business while maintaining independence.

Skills that will help:

• Experience in Equities markets and financial products (e.g. derivatives) is highly desirable

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

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.