Global Markets Risk Executive

4 weeks ago


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

Job Summary:

We are seeking a highly skilled Global Markets Risk Executive to join our team in New York. As a key member of our Global Markets Risk team, you will be responsible for evaluating new transactions in the trading and lending books, analyzing complex situations in trades, and negotiating/resolving issues with the business to ensure the best outcome for the firm.

Key Responsibilities:

  • Evaluate new transactions in the trading and lending books
  • Analyze complex situations in trades and negotiate/resolve issues with the business
  • Strategically apply analytical thinking and subject matter expertise to guide front-line units through the trade life cycle
  • Identify and monitor market risk and emerging themes across the existing portfolio
  • Liaise with senior leadership in both risk and trading desk on strategic direction
  • Review stress testing results and design new scenarios
  • Interact with external regulators on ad-hoc and periodic reviews
  • Provide guidance and training to develop junior members of the team

Requirements:

  • 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 while 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
  • The candidate should have a good understanding of IT systems and their development process
  • Ability to multi-task and prioritize, 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 the Finance industry and the impact on market risk
  • Experience working within Real Estate or Credit market risk
  • Motivation to deliver in a challenging fast-paced environment
  • Familiarity with Microsoft Excel essential

Shift: 1st shift (United States of America)

Hours Per Week: 40



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