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Global Markets Risk Sr Manager - Mortgages and Securitized Products

New York, New York;

Job Description:

Bank of America is looking for a Market Risk Manager to work within the Global Markets and Financial Risk team. The primary focus of this role is to provide analytical insights to FICC Market Risk Executives and the Global Markets CRO on portfolios managed by the Global Mortgages and Securitized Products Group. This individual will monitor and analyze market risk associated with structured products (Agency and Non-Agency MBS, CMBS and ABS) originated and distributed across the platform, and think holistically to manage all risk types in the business. Responsibilities will include conducting strategic risk assessments and reviewing financial and market trends to identify emerging risks. The ideal candidate has a background in quantitative-based analytic techniques with direct experience in a variety of securitized product instruments.

Job Description:

Bank of America is looking for a Market Risk Manager to work within the Global Markets and Financial Risk team who will provide in depth analysis on portfolios managed by the Mortgages and Securitized Products Group. This individual will monitor and analyze market risk associated with structured products (Agency and Non-Agency MBS, CMBS and ABS) originated and distributed across the Global Mortgage platform, and think holistically to manage all risk types in the business. The ideal candidate has a background in quantitative-based analytic techniques with direct experience in a variety of securitized product instruments.

Required Skills & Experience:

  • 5+ years of experience in a quantitative or analytical role, preferably with a focus on risk management or trading of structured products

  • Demonstrate a combination of intellectual curiosity, quantitative skills, strategic and creative thinking, strong written and oral communications skills, and a passion for mentoring junior teammates

  • Experience with Value-at-Risk (VaR) methodologies and/or use of model analytics (mortgage prepayment and credit risk models) to measure risk. The 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

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Bank of America is looking for a Market Risk Manager to work within the Global Markets and Financial Risk team. The primary focus of this role is to provide analytical insights to FICC Market Risk Executives and the Global Markets CRO on portfolios managed by the Global Mortgages and Securitized Products Group. This individual will monitor and analyze market risk associated with structured products (Agency and Non-Agency MBS, CMBS and ABS) originated and distributed across the platform, and think holistically to manage all risk types in the business. Responsibilities will include conducting strategic risk assessments and reviewing financial and market trends to identify emerging risks. The ideal candidate has a background in quantitative-based analytic techniques with direct experience in a variety of securitized product instruments.

Job Description:

Bank of America is looking for a Market Risk Manager to work within the Global Markets and Financial Risk team who will provide in depth analysis on portfolios managed by the Mortgages and Securitized Products Group. This individual will monitor and analyze market risk associated with structured products (Agency and Non-Agency MBS, CMBS and ABS) originated and distributed across the Global Mortgage platform, and think holistically to manage all risk types in the business. The ideal candidate has a background in quantitative-based analytic techniques with direct experience in a variety of securitized product instruments.

Required Skills & Experience:

  • 5+ years of experience in a quantitative or analytical role, preferably with a focus on risk management or trading of structured products

  • Demonstrate a combination of intellectual curiosity, quantitative skills, strategic and creative thinking, strong written and oral communications skills, and a passion for mentoring junior teammates

  • Experience with Value-at-Risk (VaR) methodologies and/or use of model analytics (mortgage prepayment and credit risk models) to measure risk. The 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

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21001779

Band: H4

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Pamela Salvato

Referral Bonus:

0