EFR Global Markets Risk Sr Manager – Irr
| Company | Bank of America |
|---|---|
| Location | Charlotte, NC, USA, New York, NY, USA |
| Salary | $138000 – $215500 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Background in Finance, Engineering, Math, Statistics or Computer Science
- 3-4 years’ experience with industry standard Interest Rate Risk measures such as Earnings at Risk (EaR) and Economic Value of Equity (EVE)
- Experience with duration modeling approaches for banking products such as loans and deposits as well as traded products such as mortgage backed securities
- Ability to communicate effectively with senior stakeholders and independently lead initiatives
Responsibilities
- Provides oversight of identification of market risk exposures and mitigation strategies and resolutions in accordance with the bank’s risk appetite and risk limits identified, as well as regulatory requirements, as applicable
- Provides oversight of risk requests, breach remediations and providing risk effective challenges for front line units
- Oversees development of market risk coverage plans, execution of monitoring, testing and risk assessments, and market risk reporting for specific products
- Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk
- Ensures adherence to the policies and procedures established by the company
Preferred Qualifications
- Analytical Thinking
- Critical Thinking
- Portfolio Analysis
- Risk Analytics
- Collaboration
- Decision Making
- Oral Communications
- Presentation Skills
- Written Communications
- Issue Management
- Monitoring, Surveillance, and Testing
- Regulatory Compliance
- Technical Documentation
- Trading Strategy