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Global Mkts Risk Manager - Global Mortgages and Securitized Products

New York, New York

Job Description:

Job Description

Analyze and monitor market risk associated with Structured Products (Agency and Non-Agency MBS, CMBS and ABS) originated and distributed in the Global Mortgages and Securitized Products platform. Think holistically to manage all risk types in the business. Be intellectually curious, and probe deeper into risks and mitigants to ensure that we fully understand the tail risks. Ability to adapt to constant changes in the business / regulatory environment, and be able to navigate through large change programs.


  • Compute risks across Trading desks and measure utilizations against limits that monitor various concentration including risk profiles to shifts in rates / spreads
  • Establish relationships with traders, bankers and other support partners and work in cross functional teams to assess trading and financing requests
  • Evaluate business proposals to ensure that strategies are in line with risk appetite, meets risk-return hurdles including other constraints
  • Design and perform scenario analysis on portfolios, including self-driven analysis of how specific economic, geo-political events could affect liquidity and PnL
  • Review and analyze new products / initiatives, including new hedging strategies


  • Prepare daily and other periodic risk reports, and present key exposure changes at various risk and business meetings / forums 
  • Test effectiveness of various controls, and design / implement new limits to ensure that there are no gaps in our risk management routines
  • Collaborate with traders and quants to review model performance and measures, and propose / drive model improvements to more accurately capture risks
  • Conduct mandated Comprehensive Capital Analysis and Review (CCAR) stress testing to aid in capital planning – including design of stress scenario narrative and shocks, render trades and perform full-revaluations, aggregate results, explain key drivers, and participate in regulatory exams

Required Job Skills
The ideal candidate will have at least 5 years of experience in a quantitative or analytical role, preferably with a focus on risk management or trading of structured products. Market knowledge is required, with an ability to easily attribute market changes to PnL within trading books.  Must have experience with and be familiar with Value-at-Risk (VaR) methodologies and/or use of model analytics (mortgage prepayment and credit risk models) to measure risk. Additionally, a candidate must be able to evaluate model performance, and be capable of utilizing tools to run stress scenarios. Familiarity with capital rules and standard / advanced RWA approaches would be useful. Strong communication and interpersonal skills are required, with an ability to understand and explain complicated concepts concisely. Must have acute attention to detail.

Required Qualifications

A preferred candidate should have experience with regulatory landscape in the Banking Industry. Familiarity with Bloomberg, Intex, Python, and SQL is useful, though not required.


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: Yes, 5% of the time


Talent Acquisition Contact:

Referral Bonus:

Check out the New York City office

Located in midtown Manhattan, we’re right across from Bryant Park and a short walk to Times Square, Broadway theaters, Grand Central Station, excellent shops and world-class restaurants.

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Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036