Address
Form of workKey responsibility to oversee and co-ordinate risk management in BofAS, including the below:
- Management and direction of market risk management in the entity;
- Review and challenge of trading desk activity in the entity;
- Executive reporting to the CRO and the Management Risk Committee of the entity;
- Management of market-risk specific regulatory dialogue, including the approved IMA capital model, VaR Methodology and Regulatory Capital;
- Ensuring global consistency of policies, procedures, analysis, monitoring and reporting of market risk;
- Analysis of model risk, the implementation of the New/Complex Product Approval Process, limit approval authority and reporting of market risk.
- Leadership and development of the Market Risk team in NYC;
- Collaboration with the Market Risk teams in AMRS and Top of House to ensure alignment of approach and efficiencies of processes;
- Innovation of risk management capabilities
- A quantitative specialist, with hands-on skills in data analysis, manipulation and development of prototype risk reports
- Leadership, management, product knowledge and trading or quantitative skills are necessary.
- Incumbents typically have significant experience of market risk management or trading.
- Solid academic background, which may include a postgraduate qualification
- Strong people skills demonstrated across various communication styles (both written and verbal)
- Ability to multi-task and prioritize across several competing demands, managing to deadlines
Competencies:
- Effective team player
- Intellectual curiosity
- Excellent problem-solving skills
- Highly motivated with the drive and potential to learn from others
- Practical mindset
