Current jobs related to Global Markets Risk Manager - New York, New York - Bank of America

  • Global Markets Risk Manager

    2 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Senior Risk ManagerAt Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Global Markets Senior Risk Manager, you will play a critical role in ensuring the bank's risk management practices are aligned with our strategic objectives.Key Responsibilities:Develop and...

  • Global Markets Risk Manager

    4 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Risk ManagerAt Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Global Markets Risk Manager, you will play a critical role in analyzing and monitoring market-related risks taken within Global Mortgages and Securitized Products.Key Responsibilities:Analyze and...

  • Global Markets Risk Manager

    1 week ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Risk ManagerThis role is responsible for analyzing, monitoring, and reporting market-related risks taken within Global Mortgages and Securitized Products. Key responsibilities include analyzing and reporting market risk, stress testing, designing limit frameworks, and interfacing with the trading desk and other risk and support...

  • Global Markets Risk Manager

    4 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Risk ManagerBank of America is seeking a highly skilled Global Markets Risk Manager to join our team. As a key member of our risk management team, you will be responsible for analyzing, monitoring, and reporting market-related risks taken within Global Mortgages and Securitized Products.Key Responsibilities:Analyze and report market...

  • Audit Manager

    1 week ago

    New York, New York, United States NASC Global, LLC Full time

    Job Title: Audit Manager - Global MarketsNASC Global, LLC is seeking an experienced Audit Manager to lead our Global Markets audit team. As an Audit Manager, you will be responsible for overseeing the audit process, ensuring compliance with audit policies, and driving a risk-based approach to auditing.Key Responsibilities:Develop and implement risk-based...

  • Global Markets Risk Manager

    3 days ago

    New York, New York, United States Bank of America Full time

    Job Summary:This role is responsible for analyzing, monitoring, and reporting market-related risks taken within Global Mortgages and Securitized Products. The successful candidate will have a good understanding of key risk metrics such as Value-at-Risk (VaR) and stress testing, especially in relation to securitized products.Key Responsibilities:• Review...

  • Global Markets Risk Manager

    1 week ago

    New York, New York, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.We are seeking a skilled Market Risk Manager to join our team in New York. As a key...

  • Global Markets Risk Manager

    2 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Risk ManagerThis role is responsible for the analysis, monitoring, and reporting of market-related risks taken within Global Equities. Key responsibilities include analysis and reporting of market risk, stress testing, designing limit frameworks, and interfacing with the trading desk and other risk and support...

  • Global Markets Risk Manager

    2 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Risk ManagerThis role is responsible for the analysis, monitoring, and reporting of market-related risks taken within Global Equities. Key responsibilities include analysis and reporting of market risk, stress testing, designing limit frameworks, and interfacing with the trading desk and other risk and support groups.Key...

  • Audit Manager

    3 weeks ago

    New York, New York, United States NASC GLOBAL Full time

    Job OpportunityNASC GLOBAL is seeking a highly skilled Audit Manager to join our team in New York, NY. As an onsite Audit Manager - Global Markets - Electronic Trading, you will be responsible for overseeing specific audit areas and executing the audit strategy for our Lines of Business (LOBs).This role involves driving a risk-based approach to auditing by...

  • Senior Risk Manager

    2 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Senior Risk Manager - Global MarketsWe are seeking a highly skilled Senior Risk Manager to join our Global Markets team. As a key member of our risk management team, you will be responsible for identifying and mitigating market-related risks within our product areas.Key Responsibilities:Monitor and adhere to market risk management policies,...

  • Global Markets Risk Manager

    2 weeks ago

    New York, New York, United States Bank of America Full time

    Job Title: Global Markets Senior Risk ManagerThis role is responsible for the local and/or global management and direction of applicable market related risk management functions within a specific product area.Key Responsibilities:Provides oversight of identification of market risk exposures and mitigation strategies and resolutions in accordance with the...

  • Global Markets Risk Specialist

    2 weeks ago

    New York, New York, United States Citigroup Inc Full time

    Job SummaryThe Global Markets Risk team at Citigroup Inc. is seeking a highly skilled and experienced professional to join our team as a Market Risk Analyst. This role will be responsible for analyzing and managing market risk across various asset classes, including rates, currencies, commodities, and equities.Key ResponsibilitiesDevelop and maintain a...

  • Global Markets Risk Specialist

    2 weeks ago

    New York, New York, United States Hispanic Technology Executive Council Full time

    Job SummaryThe Global Markets In-Business Risk (IBR) team is responsible for market risk across asset classes within Citigroup's Global Markets division. As a key member of this team, you will play a critical role in establishing a holistic understanding of market risk and capital of the aggregated trading portfolio.Key ResponsibilitiesUnderstand Citigroup's...

  • Global Markets Risk Specialist

    2 weeks ago

    New York, New York, United States Citigroup Inc Full time

    Job SummaryThe Global Markets In-Business Risk (IBR) team at Citigroup Inc. is seeking a highly skilled and experienced professional to join our Front Office 1st Line of Defense team. As a Market Risk Analyst, you will be responsible for establishing a holistic understanding of market risk and capital of the aggregated trading portfolio, as well as...

  • Audit Manager

    7 days ago

    New York, New York, United States NASC GLOBAL Full time

    Job OverviewNASC GLOBAL is seeking a seasoned Audit Manager to lead our Global Markets Electronic Trading audit team. As Auditor-in-Charge, you will oversee specific audit areas, execute the audit strategy, and drive a risk-based approach to auditing.Key Responsibilities:* Develop and implement risk-based auditing strategies* Oversee audit testing and ensure...

  • Global Markets Senior Risk Manager

    4 weeks ago

    New York, New York, United States The Bank of America Corporation Full time

    Responsible Growth at Bank of AmericaWe strive to make financial lives better through every connection. Our company is guided by a common purpose to deliver for our clients, teammates, communities, and shareholders.Key ResponsibilitiesMonitor and manage risk in global marketsUtilize technology to enhance risk monitoring and managementCollaborate with teams...

  • Global Markets Operational Resilience Risk Manager

    1 week ago

    New York, New York, United States Goldman Sachs Full time

    About the RoleWe are seeking a highly skilled Risk and Resiliency Manager to join our Global Markets team. As a key member of our Operational Resilience team, you will be responsible for driving initiatives to reduce risk and improve resiliency throughout the Global Markets front-to-back organization.Key responsibilities include:Developing and implementing...

  • Global Markets In-Business Risk Specialist

    4 weeks ago

    New York, New York, United States Citigroup Inc Full time

    Job SummaryWe are seeking a highly skilled Market Risk Analyst to join our Global Markets team at Citigroup Inc. As a key member of our team, you will be responsible for identifying and monitoring systemic and idiosyncratic risks across businesses, and providing critical insights to support informed decision-making.Key ResponsibilitiesDevelop and maintain a...

  • Global Markets Operational Resilience Risk Manager

    1 week ago

    New York, New York, United States Goldman Sachs Full time

    About This RoleAt Goldman Sachs, we are seeking a highly skilled and experienced Resiliency Manager to join our Global Markets Operational Risk and Resiliency team. As a key member of this team, you will be responsible for driving initiatives to reduce risk and improve resiliency throughout the Global Markets front-to-back organization.Key...

Global Markets Risk Manager

3 months ago

New York, New York, United States Bank of America Full time

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Job Description:
This job is responsible for the reporting, analysis, and monitoring applicable market related risks taken within a specific product area. Key responsibilities include analysis of model risk, analysis and reporting of market risk, distributing the market risk reports, and interfacing with the trading desk and other risk and support groups (i.e., Compliance, Finance, Operations, etc.).

Responsibilities:

Identifies and monitors market risk exposure and develops mitigation strategies and resolutions in accordance with the bank's risk appetite and risk limits identified, as well as regulatory requirements, as applicable Manages risk requests, breach remediations and providing risk effective challenges for front line units Sets managing risk parameters and guardrails for market risk, while ensuring adherence to risk appetite and limits, and actively designing risk scenarios to implement decisions Develops market risk coverage plans, oversees execution of monitoring, testing and risk assessments, conducts analysis and develops market risk reporting for specific products and communicates changes to senior management Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk Ensures adherence to the policies and procedures established by the company Market Risk Manager primarily covering FRTB deliverables for various Line of Businesses (LoBs), such as Global Credit, Mortgages, Rates, Equities, etc. Key responsibilities include (but not limited to) the following:
- Review and challenge FRTB sensitivities (such as delta, vega and curvature) to ensure completeness and accuracy, based on Front Line Unit (FLU)'s data quality analysis and Market Risk Management's BAU expertise.
- Conduct trading desk level stress testing:
Review desk level vulnerabilities, illiquid, one-way and concentrated risks on a quarterly basis and maintain a key risks inventory for major LEs at desk level
Design custom scenarios for more complex derivative / exotic desks to address their specific vulnerabilities
Enhance risk reports to include the recalculation of the individual stress scenario loss amounts for these desks on a daily basis
- Calibrate and monitor FRTB sensitivities limits and monitoring metrics for LoBs

In order to gain the expertise to be able to handle FRTB deliverables, the role also needs to contribute to managing BAU risk positions and performing quantitative and qualitative analysis. Key components include:
- Identifying, managing, and communicating risk exposures
- Risk reporting across a broad range of audiences ranging from individual traders, to senior management and regulators
- Ensuring robust procedures to maintain regulatory compliance

The market risk manager will additionally assess a broad spectrum of risks, liaising with other risk functions as necessary, including operational, credit, and counterparty risks.

Required Qualifications: There is no unique background defining a successful Risk Manager. However, a quantitative mind, natural curiosity, a desire to challenge the status quo while searching for gaps and trying to see the big picture are key requirements. One or more of the following qualities would be beneficial:
Previous experience as a Risk Manager working directly with the Front Line and performing risk analysis
Strong quantitative and technical/programing skills
Decent FRTB knowledge
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 solid understanding of Macroeconomics
Understanding of financial derivatives and modelling
Ability to multi-task and prioritise across several competing demands, meeting tight deadlines
Effective team player
Intellectual curiosity
Excellent problem-solving skills.
Highly motivated with the drive and potential to learn from others.

Skills:

Analytical Thinking Critical Thinking Portfolio Analysis Risk Analytics Data and Trend Analysis Decision Making Oral Communications Presentation Skills Written Communications Active Listening Issue Management Monitoring, Surveillance, and Testing Regulatory Compliance Technical Documentation Shift:1st shift (United States of America)Hours Per Week: 40