CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Global Markets Risk Senior Manager - America Equities Business
Bank of America Corporation
August 8, 2018
New York, New York
Job Description The role is as a senior market risk manager for oversight of Market Risk within the Americas Equity Business. It covers both Equity Cash, Derivatives and Capital Markets activity. The role also requires a holistic approach to risk across all risk types, to highlight these risks and engage with other risk functions as needed.
The role will monitor risk exposures, approve risk limits, new products and new transactions. They will engage in with regulators in order to support routine regulatory information requests and exams as applicable. They will understand regulatory change and how it may impact the business and engage in projects affecting development in internal models.
Bachelor or graduate degree in Finance, Engineering or Computer Science
Minimum 8+ years of experience in related fields such as risk management or front office
A track record of managing Equity risk at a leading financial institution
An understanding of regulatory environment affecting the financial industry and the impact on market risk.
Understanding of capital modeling in relation to market risk.
Excellent verbal and written communication skills, including well-developed presentation skills
Prior Equity trading experience
A good understanding of another product class
Experience of interacting with banking regulators
General Job Description Responsible for the local and/or global management and direction of market risk management functions within a Product Area or several Product Areas (Credit, Equities, Rates, Mortgages, Commodities and Derivatives etc). In conjunction with the GMR Executive, establishes market risk management policies, procedures and standards. Additional responsibilities include analysis of model risk, the implementation of the New/Complex Product Approval Process, limit approval authority, analyzing & reporting of market risk. The GMR Senior Manager will primarily interface with Senior Traders and Business Heads/Marketing Managers and the managers of other risk and support groups (i.e. Compliance, Finance, Operations, etc). Incumbents typically have over 10 years of experience in market risk management or trading. Product knowledge and trading or quantitative skills are necessary.