Bank of America · 21 hours ago
Vice President; Global Markets Risk Manager
New York, NY
Full-time
Hybrid
Mid, Senior Level
5+ years expBank of America is committed to helping make financial lives better through every connection. They are seeking a Vice President; Global Markets Risk Manager to oversee market risk metrics, collaborate with trading desks, and ensure effective risk management strategies are in place.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Report and monitor positions against market risk metrics and limits
Liaise closely with trading desks to understand market trends in relation to portfolio changes
Review and challenge risks related to new products, structured transactions and business strategies
Assist in ad-hoc risk related queries and projects; specific risk analysis, reports and analysis for regulators
Provide quantitative analysis to provide explanation and issue root cause analysis in the rollout of large Markets business-wide initiatives that provide new functionality to market risk in terms of modelling capability
Understand the interplay between front office pricing models and the market risk models, and work with risk managers, FLU technology, FLU or risk Quantitative modelers as appropriate to explain and/or fix issues in the new infrastructure
Identify issues in both historical market data, security reference data, and front office pricing
Maintain and analyze market risk models, with an emphasis on VaR and Stress Testing models
Remote work may be permitted within a commutable distance from the worksite
Qualification
Required
Bachelor's degree or equivalent in Statistics, Mathematics, Computer Science, Engineering (any) or related
5 years of progressively responsible experience in the job offered or a related Quantitative occupation
5 years of experience in utilizing knowledge of financial products, market structure, equity or fixed income asset classes, Value at Risk (VaR) models, Stress Testing models, and their use in the market risk management area to document the key drivers of the risk model output
5 years of experience in utilizing computer programming programs, including, VBA, SQL, Python, and front office pricing libraries to implement risk models to automate risk model analysis
5 years of experience in leveraging data analytics and visualization tools to build easy access analytical capabilities and insightful reporting for the management
5 years of experience in analyzing and evaluating large and complex economic and financial datasets with analytical tools of Python and SQL
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
2026-01-13
Company data provided by crunchbase