Job Description:

　　Market Risk Manager primarily covering the GFX & LCT trading desk in Bank of America's Global Markets Fixed Income Currencies and Commodities (FICC) businesses in AMRS.

　　Responsible for identifying, managing, and communicating market risk exposures, and independent oversight of the market risks taken by the GFX desks. Additionally responsible for assisting with regulatory requirements, queries and exams.

　　The role involves managing significant risk positions and performing quantitative and qualitative analysis for the GFX business. Key component include:

　　Working closely with trading desk and other risk and support groups (i.e. Finance, Quants, Technology, etc.) to enhance the overall risk management capabilitiesIdentifying, managing, and communicating risk exposuresRisk reporting across a broad range of audiences ranging from individual traders, to senior management and regulatorsEnsuring robust procedures to maintain regulatory compliance in terms of capital calculations and reportingAccountability for the accuracy of risk reporting for assigned desks, and performing quality checks prior to submissionComparing expected P/L based on risk and market movements

　　The market risk manager will additionally assess a broad spectrum of risks for the desk, liaising with other risk functions as necessary, including operational, credit, and counterparty risks.

　　Core Skills:

　　There is no unique background defining a successful Risk Manager. However, a quantitative mind, natural curiosity, a desire to challenge the status quo while searching for gaps and trying to see the big picture are key requirements. One or more of the following qualities would be beneficial:

　　Previous experience as a Risk Manager working directly with the Front Line and performing risk analysisSolid academic background, which may include a postgraduate qualificationGood people skills demonstrated across various communication styles (both written and verbal)Knowledge of financial markets, ideally with solid understanding of MacroeconomicsUnderstanding of financial derivatives and modellingAbility to multi-task and prioritise across several competing demands, meeting tight deadlines

　　Competencies:

　　Effective team playerIntellectual curiosityExcellent problem-solving skills.Highly motivated with the drive and potential to learn from others.

　　Shift:

　　1st shift (United States of America)

　　Hours Per Week:

　　40