Analyst - Trading Strategist

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Job Description:

The primary objective of Global Markets Trading Risk (GMTR) is to facilitate effective risk dialogue with a responsible growth mindset. GMTR supports the review of new business and transactions, contributes to discussions on risk appetite, sets and owns risk limits, and drives strategic risk initiatives across Global Markets.

The team is responsible for limit setting and ongoing risk oversight across all lines of business, as well as real time risk monitoring and advising senior management on key risk positions, particularly during periods of macroeconomic and geopolitical stress. GMTR also plays a critical role in proactive risk identification and in supporting regulatory risk examinations.

We are seeking a front office, commercially minded risk manager to join the GMTR team based in Paris. The role will act as a risk management partner to trading desks, providing independent and constructive risk oversight while enabling business growth through effective risk controls. The position will be focused on the Bank of America European Union legal entities, while working closely with the wider global GMTR organisation. The role requires sound judgment, commercial awareness, and the confidence to challenge trading activity where appropriate.

Key Responsibilities

• Partner directly with trading desks to identify, measure, monitor, and mitigate market risk in order to achieve the best outcomes for the firm

• Perform independent risk analysis and stress testing across a range of products, including rates, credit, mortgages, FX, and commodities

• Provide real time risk guidance during market events and periods of elevated volatility

• Review and approve new product proposals, assessing associated risks and control frameworks

• Support regulatory compliance through robust and well designed risk control processes

• Contribute to ad hoc analyses and projects, including bespoke risk assessments and financial resource impact analyses

Qualifications

• Excellent academic background, including a postgraduate qualification or equivalent professional experience

• Demonstrated experience in finance

• Strong understanding of derivatives markets, particularly across equities, rates, FX, and credit products

• Proficiency with market risk metrics, including Greeks, VaR, and stress testing

• Familiarity with counterparty credit risk metrics, including potential exposure

• Advanced quantitative analysis skills and familiarity with statistical modelling techniques

• Sound Excel and data visualisation skills; experience with Python and GenAI tools is an advantage

• Ability to manage multiple priorities and meet tight deadlines in a fast paced environment

• Excellent communication skills, with the ability to convey complex risk concepts clearly to senior management and other stakeholders

Personal Attributes

• Ability to remain composed and make sound decisions during periods of market stress

• Collaborative approach, with the ability to work effectively with traders and a broad range of stakeholders

• Proactive mindset with a solutions oriented approach to risk identification and management