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Global Markets Risk Manager

London, , United Kingdom;

Job Description:

Job Title: Global Markets Risk Manager

LOB: Global Risk / Global Equities Market Risk

Corporate Title: Assistant Vice President

Location: London or Paris

An excellent opportunity has become available for a highly motivated individual to join the Markets Risk team as a Risk Manager for EMEA Equities, based in London or Paris, reporting to the Co-Head of Global Equities Risk.

The EMEA Equities team is providing crucial risk management oversight and analysis for a broad range of trading activities within the Equity line of business such as Cash Equities, Derivatives, Structured Products, Financing, Emerging Markets Trading, etc.

The successful candidate is expected to be a Market Risk Manager helping cover one or more of these businesses in EMEA, as well as working across the entire Equity business with other colleagues globally. The successful candidate must be able to build professional relationships with the trading desk and other control partners while maintaining independence in order to enhance our overall risk management capabilities, uphold our risk framework and adhere to established governance.

Responsibilities will include but not limited to:

  • Produce accurate risk reports, analyse and interpret risk/stress results changes and monitor positions against Market Risk limits, with a solid understanding of modelling assumptions for each risk factors. Liaise closely with the business to resolve any overages and set limits

  • Identify and analyse potential significant risks across the equities line of businesses and ensure senior management is kept informed of these risks

  • Identify and evaluate scenarios under which a portfolio could incur material losses (point of weakness analysis)

  • Ensure risks are well captured by the Bank’s risk systems and methodologies. Assist the implementation and testing of new risk management systems

  • Communicate with traders (in Paris or London) on topics such as new market developments, exposure to limits, new trades, or any ad-hoc risk issue. Understand and be able to explain trading strategies and PL drivers

  • Review and challenge new trade proposals and new products and provide recommendations for senior management approval or rejection

  • Liaise closely other colleagues within Risk and in other areas (Legal, Compliance, MO, Finance...) on a variety of projects such as new products, regulatory topics, material P&L events, potential operational risks etc.

Core Skills:

  • Confident mathematical skills with an honours degree in engineering, math, physics or other numerate subject, with an interest for Financial Markets

  • Experience in Market Risk Management or in a related function in front office desirable

  • Self-motivated, intellectually curious and enthusiastic

  • Effective team player with proven interpersonal skills

  • Excellent attention to details

  • Able to build solid relationships with the front office while maintaining independence

  • Basic Derivatives product knowledge (in Equities or in another asset class) is highly desirable

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orienta

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requiretion, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.ments. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title: Global Markets Risk Manager

LOB: Global Risk / Global Equities Market Risk

Corporate Title: Assistant Vice President

Location: London or Paris

An excellent opportunity has become available for a highly motivated individual to join the Markets Risk team as a Risk Manager for EMEA Equities, based in London or Paris, reporting to the Co-Head of Global Equities Risk.

The EMEA Equities team is providing crucial risk management oversight and analysis for a broad range of trading activities within the Equity line of business such as Cash Equities, Derivatives, Structured Products, Financing, Emerging Markets Trading, etc.

The successful candidate is expected to be a Market Risk Manager helping cover one or more of these businesses in EMEA, as well as working across the entire Equity business with other colleagues globally. The successful candidate must be able to build professional relationships with the trading desk and other control partners while maintaining independence in order to enhance our overall risk management capabilities, uphold our risk framework and adhere to established governance.

Responsibilities will include but not limited to:

  • Produce accurate risk reports, analyse and interpret risk/stress results changes and monitor positions against Market Risk limits, with a solid understanding of modelling assumptions for each risk factors. Liaise closely with the business to resolve any overages and set limits

  • Identify and analyse potential significant risks across the equities line of businesses and ensure senior management is kept informed of these risks

  • Identify and evaluate scenarios under which a portfolio could incur material losses (point of weakness analysis)

  • Ensure risks are well captured by the Bank’s risk systems and methodologies. Assist the implementation and testing of new risk management systems

  • Communicate with traders (in Paris or London) on topics such as new market developments, exposure to limits, new trades, or any ad-hoc risk issue. Understand and be able to explain trading strategies and PL drivers

  • Review and challenge new trade proposals and new products and provide recommendations for senior management approval or rejection

  • Liaise closely other colleagues within Risk and in other areas (Legal, Compliance, MO, Finance...) on a variety of projects such as new products, regulatory topics, material P&L events, potential operational risks etc.

Core Skills:

  • Confident mathematical skills with an honours degree in engineering, math, physics or other numerate subject, with an interest for Financial Markets

  • Experience in Market Risk Management or in a related function in front office desirable

  • Self-motivated, intellectually curious and enthusiastic

  • Effective team player with proven interpersonal skills

  • Excellent attention to details

  • Able to build solid relationships with the front office while maintaining independence

  • Basic Derivatives product knowledge (in Equities or in another asset class) is highly desirable

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orienta

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requiretion, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.ments. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-21056444

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Veronique Derissaint

Referral Bonus:

0

Street Address

Primary Location:
2 King Edward St, London, EC1A 1HQ
Additional Locations: