Bank of America · 5 days ago
Enterprise Financial Risk Capital Markets Risk Sr. Specialist
Rochester, NY
Full-time
Onsite
Mid Level
3+ years expBank of America is committed to helping make financial lives better through responsible growth and an inclusive workplace. The Enterprise Financial Risk Capital Markets Risk Sr. Specialist will manage the end-to-end Capital/Capital Risk management process, ensuring compliance with capital management policies and conducting independent risk assessments. This role involves reviewing capital management activities, supporting regulatory compliance, and enhancing the risk landscape through stress testing and risk identification.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Review and challenge key capital management activities, including Fundamental Review of the Trading Book (FRTB) and Basel 3 market risk rule implementation
Review and challenge market risk RWA models, methodologies and results, including analyzing key drivers and changes
Support EFR coverage of by executing capital calculation testing and performing review and challenge of regulatory rule interpretations and rule compliance documentation
Develop and demonstrate acumen for the identification of capital risks and mitigants (including market and economic environment and connectivity to other risk stripes)
Coordinate and conduct execution of risk framework activities that are the responsibility of EFR, including but not limited to independent review and risk assessment of front line owned processes (e.g. capital calculation, capital forecasting, etc.)
Conduct and ensure appropriate and adequate documentation for all independent risk reviews and risk points of view, including appropriate escalation and communication to Senior Management
Understand and document the capital impacts from new products and new transactions
Support corporate-wide risk related initiatives, including regulatory change
Enhance the Risk landscape, by ensuring our balance sheet and business model is appropriately stressed across a variety of scenarios, baseline to bankruptcy (resolution)
Provide subject matter expertise related to Capital risk management process and Capital stress testing to the Risk verticals teams, Corporate Treasury and other partners across the enterprise, in order to drive the execution of the stress testing framework and ensure Risks identified are reflected across all scenarios
Qualification
Required
3-5 years of Treasury, Finance, Accounting or Risk Management experience, including Market Risk related experience
Strong analytical skills, including both analysis of financial data and written reports
Proficiency with PowerPoint and Excel. Writes in a clear, concise, organized, and convincing manner for the intended audience
Experience with Python and SQL or other programming languages. Role requires querying databases and building and maintaining risk management tools
Strong business-centric mindset with ability to utilize sound business judgment and tailor approach to drive optimal business outcomes
Diverse backgrounds or experiences welcomed; however knowledge of capital rules and application of the rules and capital markets product knowledge a plus
Company
Bank of America
Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.
10001+ employees
H1B Sponsorship
Bank of America has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (780)
2024 (546)
2023 (590)
2022 (759)
2021 (715)
2020 (931)
Funding
Current Stage
Public CompanyTotal Funding
$3.59BKey Investors
Berkshire Hathaway
2025-02-20Post Ipo Debt· $386.79M
2024-11-26Post Ipo Debt· $2B
2020-07-28Post Ipo Equity· $400M
Leadership Team
Charissa Messer
Senior Vice President, Creative Agency Executive (Enterprise Creative Solutions)
Rami Salem
SVP Strategic Competitive Intelligence
Recent News
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