Bank Of America Global Markets Risk Executive DIR/MD - Mortgages Securitized Products 

United States, New York, New York 

802927560

Job Description:

Job Description:

This job is responsible for:

• Evaluating new transactions in the trading and lending books. Analyze complex situations in trades while negotiating/resolving issues with the business to ensure best outcome for the firm
• Strategically applying analytical thinking and subject matter expertise of real estate and capital markets to guide front line units through trade life cycle
• Identify and monitor market risk and emerging themes across the existing portfolio
• Liaising with senior leadership in both risk and trading desk on strategic direction
• Review of stress testing results and design of new scenarios
• Interacting with external regulators on ad-hoc and periodic reviews
• Providing guidance and training to develop junior members of the team

Required Qualifications:

• 10+ years of Market Risk or front office experience with a good understanding of key risk metrics such as VaR, Stress testing etc.

• 10+ years of experience in Securitized Products Risk Management

• Good understanding of real estate and credit markets.

• Proven finance or risk background with quantitative skills

• Ability to build good relationships whilst maintaining independence, handle disputes, negotiate with traders and enforce difficult decisions.

• Ability to communicate clearly and concisely with traders, senior management and other areas of the bank understanding the requirements of each group.

• The candidate should have a good understanding of IT systems and their development process.

• Ability to multi-task and priorities, to meet deadlines without compromising on quality

• Ability to understand and communicate more complex proposals for management review, requiring good oral and written skills

• Excellent problem solving skills

Desired Qualifications:

• Understanding of regulatory environment affecting Finance industry and the impact on market risk.

• Experience working within Real Estate or Credit market risk

• Motivation to deliver in challenging fast paced environment

• Familiarity with Microsoft Excel essential

1st shift (United States of America)