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Assistant Vice President / Vice President, Global Market Risk Manager

Singapore, , Singapore

Job Description:

Your background

  • At least 7 years of relevant experience, preferably related to risk management within an international financial institution.
  • Good understanding of Global Market products and financial market infrastructure.  Prior experience in risk managing central clearing counterparties will be valuable.
  • Ability to independently conduct risk assessment of corporates and financial institutions with special focus in credit analysis and corporate governance.
  • Quantitative orientation in academics and comfortable with derivatives and structured transactions.
  • Good organization skills and ability to articulate and present risk issues both verbally and in writing. 
  • Have a positive orientation and the ability to work in a fast paced/multi-tasking environment under pressure.
  • Good academic record commensurate with an undergraduate and/or a postgraduate degree from recognized institutions.

What you can expect

Responsible for the analysis and monitoring of issuer/counterparty risks taken within a specific product area. The GMR Manager will primarily interface with the trading desk and other risk and support groups (i.e. Compliance, Finance, Operations, etc.). People in this job code will report to the GMR Senior Manager. Incumbents typically have over seven years of experience in issuer/counterparty credit risk management. Ability to independently assess the credit profile and analyze financial position of corporate and financial institutions. Familiar with Global Market products, especially derivatives

What you will do

  • Risk Management and governance of central clearing counterparty relationships, including new onboarding, changes in membership or products, or other risk management and control issues related to clearing activities.        
  • Conduct annual holistic due diligence review and qualification assessment of central clearing counterparty relationships for APAC.
  • Coordinate regular forums and lead discussions related to regional clearing activities.
  • Participate in new product / transaction approval forums with a view to highlight risk and approve deals from the counterparty credit risks’ perspectives.
  • Participate in equity commitment committees to review and approve equity underwriting activities in the region.
  • Keep abreast of the ongoing industry developments and regulatory changes, and contribute to the evolving risk management needs in the central clearing counterparty, counterparty credit risks and equity capital markets space. 

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Job Band:

H5

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background

  • At least 7 years of relevant experience, preferably related to risk management within an international financial institution.
  • Good understanding of Global Market products and financial market infrastructure.  Prior experience in risk managing central clearing counterparties will be valuable.
  • Ability to independently conduct risk assessment of corporates and financial institutions with special focus in credit analysis and corporate governance.
  • Quantitative orientation in academics and comfortable with derivatives and structured transactions.
  • Good organization skills and ability to articulate and present risk issues both verbally and in writing. 
  • Have a positive orientation and the ability to work in a fast paced/multi-tasking environment under pressure.
  • Good academic record commensurate with an undergraduate and/or a postgraduate degree from recognized institutions.

What you can expect

Responsible for the analysis and monitoring of issuer/counterparty risks taken within a specific product area. The GMR Manager will primarily interface with the trading desk and other risk and support groups (i.e. Compliance, Finance, Operations, etc.). People in this job code will report to the GMR Senior Manager. Incumbents typically have over seven years of experience in issuer/counterparty credit risk management. Ability to independently assess the credit profile and analyze financial position of corporate and financial institutions. Familiar with Global Market products, especially derivatives

What you will do

  • Risk Management and governance of central clearing counterparty relationships, including new onboarding, changes in membership or products, or other risk management and control issues related to clearing activities.        
  • Conduct annual holistic due diligence review and qualification assessment of central clearing counterparty relationships for APAC.
  • Coordinate regular forums and lead discussions related to regional clearing activities.
  • Participate in new product / transaction approval forums with a view to highlight risk and approve deals from the counterparty credit risks’ perspectives.
  • Participate in equity commitment committees to review and approve equity underwriting activities in the region.
  • Keep abreast of the ongoing industry developments and regulatory changes, and contribute to the evolving risk management needs in the central clearing counterparty, counterparty credit risks and equity capital markets space. 

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Learn more about this role

Full time

JR-21055185

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Mitesh Rathod

Referral Bonus:

0

Street Address

Primary Location:
2 HARBOURFRONT PLACE, #02-01, Singapore, 098499