Global Mkts Risk Executive

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

• Talent Development
• Production mindset to design process and controls to deliver under tight tightlines in a heavily audited area
• Analytical and process design skills to proactively monitor and remediate market data issues used in production risk measurement and reporting
• Control mindset to ensure the completeness, validity, and accuracy of market data daily. Work with business data users to define the use of data within various risk systems
• Collaboration skills especially with technology (Business Analysts, Project Managers, Developers)
• Participate in user acceptance testing of data control processes
• Business partnering skills with Reporting, Back Testing, Enterprise Stress Testing and various Technology groups to ensure effective controls over market data for GM
• Experience working with model risk and risk analysts to implement required changes and produce impact analysis for review
• Change management

• At least ten year's work experience in Finance with a strong preference for candidates with a Market Risk infrastructure background
• Master's Degree or equivalent with emphasis in financial engineer or quantitative disciplines
• A thorough understanding of Market Risk models including Value at Risk, Stress Test models and related economic capital regulations is required. An advanced understanding of the mathematical principles underlier these risk models and how these principles are implemented and controlled in large scale risk systems is highly desirable
• Extensive history of conducting large scale time series market data analysis in the context of VaR modeling, covering all asset classes and products. A thorough knowledge across fixed income financial products including Equity, Commodity, FX, interest rate and credit products is required
• Experience in quantitative computer programming (Python, SQL) with practical application to financial time series a plus
• Advanced desktop technology skills such as Excel and PowerPoint are a must (Bloomberg and Access skills are a plus but not required)
• Excellent verbal and written communication skills, including well-developed presentation skills.

• Critical Thinking
• Decision Making
• Executive Presence
• Talent Development
• Issue Management
• Oral Communications
• Performance Management
• Risk Analytics
• Written Communications
• Analytical Thinking
• Change Management
• Fiscal Responsibility
• Presentation Skills
• Regulatory Compliance