Market Risk Manager

4 weeks ago


London, Greater London, United Kingdom Bank of America Full time
Job Title: Global Markets Risk Manager

At Bank of America, we are seeking a highly skilled Global Markets Risk Manager to join our team. As a key member of our Market Risk team, you will be responsible for the metrication, evaluation, and monitoring of applicable market-related risks for regulatory capital calculation taken within traded product areas.

Key Responsibilities:
  • Timely production of market risk inputs for Capital reporting of the BIS FRTB regulatory requirement for Bank of America regionally and globally
  • Assist with design and production of corresponding risk reports and investigation tools
  • Weekly/monthly review and challenge of FRTB sensitivities based on Front Line Unit's data quality analysis
  • Engage with subject matter experts in Model Development, Capital Management, and Front Line Units, to identify and appropriately escalate issues
  • Support Risk Managers and Front Line Unit in the monitoring of FRTB sensitivity limits
  • Provide explanatory commentary to relevant stakeholders, and manage any ad-hoc risk queries pertaining to FRTB measures
  • Summarise data and prepare presentations to support senior management and regulatory dialogue
Requirements:
  • Solid academic background, which may include a postgraduate qualification
  • Knowledge of financial markets, ideally with solid understanding of Banking regulations (BIS), specifically FRTB
  • Good analytical knowledge of traded products and their valuation & risk profiles in positioning and hedging exposures
  • Highly proficient in desktop data manipulation e.g. Excel (models, pivots), Access, etc.
  • Excellent written and verbal communication skills
  • Ability to work in a high-energy and demanding environment, taking care of multiple things at any given time
  • Minimum 5 years background in a traded risk facing area
What We Offer:

As a Global Markets Risk Manager at Bank of America, you will have the opportunity to work with a talented team of professionals, develop your skills and expertise, and contribute to the success of our organisation. We offer a competitive salary, comprehensive benefits package, and opportunities for career growth and development.

We are an equal opportunities employer and welcome applications from diverse candidates. If you are a motivated and experienced professional looking for a new challenge, please submit your application.



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