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!

Location Overview:

Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Team:

The team offers an excellent entry point to the Market Risk organization, with the opportunity to interact with a broad cross-section of groups within the bank. The team frequently works alongside senior executives, supporting them with regulatory and governance deliverables. This provides a unique opportunity to gain insights and learn directly from experienced stakeholders. The environment is supportive and collaborative, with an excellent team spirit.

Role Description:

Market Risk management serves to independently oversee the Firm's trading activities across the various trading desks and portfolios. The Global Market Risk Portfolio Analysis team within Market Risk is responsible for the implementation and management of cross-product processes and analyses to support Enterprise Market Risk requirements and senior Risk management. The team is seeking a highly-motivated individual to join the Market Risk Portfolio Analysis team. The candidate will support both ongoing routine activities and initiative work in the reporting work-stream. This includes supporting the end-to-end daily report production process, fielding ad-hoc questions from senior leaders and regulators, and developing and enhancing new and existing reports/reporting functionality. The role is ideal for a collaborative individual who likes being challenged, is able to quickly adapt to change, and has a keen eye for detail.

Responsibilities:

• Managing several critical reporting and governance routines for stakeholders such as external regulators and internal committees
• Fielding ad-hoc questions and requests from regulators, internal senior risk leaders, and audit partners
• Developing new reports and analyses for a wide range of activities
• Maintaining a good and robust control environment for all processes
• Working with Technology and relevant supporting partners to correct issues and enhance functionality
• Maintaining, developing and reviewing documentation on processes, continuously looking to make improvements where possible
• Coordinating ad-hoc critical updates on key market events, engaging with colleagues across Global Markets Risk

What we are looking for:

• Demonstrable financial experience
• High level of Microsoft Excel proficiency
• Ability to work in a fast-paced environment
• Intellectually curious with the ability to investigate and develop root cause analysis
• Adept at communication with ability to influence co-workers across our global team and all levels of the organization
• Attention to detail

Skills that will help:

• Familiarity with market risk metrics like Value-at-Risk (VaR)
• Academic achievement in numerical disciplines would be advantageous
• Familiarity with coding, Python or SQL

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.