Compliance and Operational Risk Manager- Electronic Trading

3 months ago


New York, United States Bank of America Full time

Description

Summary:

Coordinated risk oversight of electronic trading for FICC, Equities and/or Futures and Options flows focused primarily on AMRS. Working with business & control partners to build uniform standards of execution controls across various platforms so as to mitigate reputational risk and monetary loss. 
 
Some Key Responsibilities Include: 
· Identifying and categorizing the risks associated with all electronically traded flow. 
· In coordination with the Business, technology and control partners establish and/or validate that oversight exists for all identified risks. 
· Ensuring risk oversight feeds into the appropriate governance model. 
· Reviewing intraday trading limits structure/controls and establishing/validating limit setting logic where necessary. 
· Development of metrics and identification of key performance metrics quantifying the effectiveness of the risk framework. 
· Reviewing electronically traded flow in the context of system capacity constraints and the operational environment. 
· Reviewing the use of execution algorithms and the associated risk & control framework. 
· Working with Execution Services Technology to identify and manage control risks. Contribute to test planning and deployment as appropriate. 

Required Qualifications:
· 5 years of prior experience in Compliance and Operational Risk, Market Risk, Technology, or Product Management; supporting electronic trading activities
· Understanding of market structure. 
· Familiarity with electronic trading strategies and algorithms. 
· Data analysis skills and ability to work with large datasets / spreadsheets. 
· An understanding of Operational Risk issues. 
· Ability to multi-task effectively and manage stakeholder expectations 
· An understanding of electronic trading regulatory trends and future requirements

Shift:

1st shift (United States of America)

Hours Per Week: 

40

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