New York, New York

Job Description:

The Global Markets and Financial Risk Organization is seeking a Market Risk Manager covering a trading desk in Bank of America's Fixed Income Currencies and Commodities (FICC) businesses. In addition, to providing independent oversight of the market risks taken by the Global FICC businesses. The market risk manager will assess a broad spectrum of risks for the desk, liaising with other risk functions as necessary, including operational, credit, and counterparty risks. This role requires close interaction with the trading desk and other risk and support groups (i.e. Finance, Quants, Technology, etc.). Product knowledge and quantitative skills are necessary.

Responsibilities:
  • Review market risk positions, particularly under potential risk scenarios, and raise challenges to the desk if necessary. Liaise closely with the businesses to understand market trends and to report exposure under different market conditions.
  • Propose to senior management appropriate market risk limits for the trading desk within the firm's risk appetite.
  • Help enhance the firm's risk management capabilities.
  • Review risks related to non-standard or structured trades and new products. Liaise closely with the business and other support functions to determine the nature and size of risks and ensure they are within the firm's risk appetite.
  • Provide detailed explanations of the market risk of the desk, both internally to senior management and the trading desk, and externally to the Bank's regulators.

The candidate must have a keen interest in financial markets and risk management and should have the following attributes:
  • Strong quantitative skills
  • Strong written and oral communications, interpersonal, and organizational skills
  • Strong work ethic and the ability to drive results
  • Willing to analyze exposure and risk reports in-depth daily and follow-up on significant changes
  • Knowledge of interest rate options and credit products is beneficial
  • The team is located on the trading floor. The successful candidate must be able to build strong relationships with the business while maintaining independence.
  • 3-5 years financial market experience required
  • Bachelor's Degree in Finance, Economics or other quantitative discipline


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

The Global Markets and Financial Risk Organization is seeking a Market Risk Manager covering a trading desk in Bank of America's Fixed Income Currencies and Commodities (FICC) businesses. In addition, to providing independent oversight of the market risks taken by the Global FICC businesses. The market risk manager will assess a broad spectrum of risks for the desk, liaising with other risk functions as necessary, including operational, credit, and counterparty risks. This role requires close interaction with the trading desk and other risk and support groups (i.e. Finance, Quants, Technology, etc.). Product knowledge and quantitative skills are necessary.

Responsibilities:
  • Review market risk positions, particularly under potential risk scenarios, and raise challenges to the desk if necessary. Liaise closely with the businesses to understand market trends and to report exposure under different market conditions.
  • Propose to senior management appropriate market risk limits for the trading desk within the firm's risk appetite.
  • Help enhance the firm's risk management capabilities.
  • Review risks related to non-standard or structured trades and new products. Liaise closely with the business and other support functions to determine the nature and size of risks and ensure they are within the firm's risk appetite.
  • Provide detailed explanations of the market risk of the desk, both internally to senior management and the trading desk, and externally to the Bank's regulators.

The candidate must have a keen interest in financial markets and risk management and should have the following attributes:
  • Strong quantitative skills
  • Strong written and oral communications, interpersonal, and organizational skills
  • Strong work ethic and the ability to drive results
  • Willing to analyze exposure and risk reports in-depth daily and follow-up on significant changes
  • Knowledge of interest rate options and credit products is beneficial
  • The team is located on the trading floor. The successful candidate must be able to build strong relationships with the business while maintaining independence.
  • 3-5 years financial market experience required
  • Bachelor's Degree in Finance, Economics or other quantitative discipline


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

The Global Markets and Financial Risk Organization is seeking a Market Risk Manager covering a trading desk in Bank of America's Fixed Income Currencies and Commodities (FICC) businesses. In addition, to providing independent oversight of the market risks taken by the Global FICC businesses. The market risk manager will assess a broad spectrum of risks for the desk, liaising with other risk functions as necessary, including operational, credit, and counterparty risks. This role requires close interaction with the trading desk and other risk and support groups (i.e. Finance, Quants, Technology, etc.). Product knowledge and quantitative skills are necessary.

Responsibilities:
  • Review market risk positions, particularly under potential risk scenarios, and raise challenges to the desk if necessary. Liaise closely with the businesses to understand market trends and to report exposure under different market conditions.
  • Propose to senior management appropriate market risk limits for the trading desk within the firm's risk appetite.
  • Help enhance the firm's risk management capabilities.
  • Review risks related to non-standard or structured trades and new products. Liaise closely with the business and other support functions to determine the nature and size of risks and ensure they are within the firm's risk appetite.
  • Provide detailed explanations of the market risk of the desk, both internally to senior management and the trading desk, and externally to the Bank's regulators.

The candidate must have a keen interest in financial markets and risk management and should have the following attributes:
  • Strong quantitative skills
  • Strong written and oral communications, interpersonal, and organizational skills
  • Strong work ethic and the ability to drive results
  • Willing to analyze exposure and risk reports in-depth daily and follow-up on significant changes
  • Knowledge of interest rate options and credit products is beneficial
  • The team is located on the trading floor. The successful candidate must be able to build strong relationships with the business while maintaining independence.
  • 3-5 years financial market experience required
  • Bachelor's Degree in Finance, Economics or other quantitative discipline


Shift:
1st shift (United States of America)

Hours Per Week:
40
Learn more about this role

New York, New York

You’ve led troops, now help lead your community 

As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all. 

First you fought for the American dream, now you can guide its future

You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.

Similar jobs