Bank of America India | Senior Analyst-R

Responsibilities

• The Global Market Risk Portfolio Analysis team within Market Risk is responsible for the implementation and management of cross-product processes and analysis to support the Global Markets business and senior Risk management.
• The team in India will support a broad set up of work in conjunction with employees located in Europe and the US.
• The position is to be a risk manager to cover various asset classes & LOBs.
• Identify and analyse all significant risks across the line of businesses and ensure Senior Management are kept informed.
• Liaising closely with the business and other support functions to ensure risks are within firm’s risk appetite and correctly captured.
• Identify risk concentration and determine the circumstances under which the business portfolio could incur material losses.
• Report and monitor positions against market risk metrics and limits. Liaise closely with the business to detail any overages and set limits.
• Drive regulatory projects working closely with other functions like Quants, Market Data etc. and regularly apprise updates to Senior management.
• Assist in the setup, configuration and implementation of new and upgraded risk management systems.
• Validate and produce information that is distributed to the relevant regulators.
• Assist in ad-hoc risk related queries, drill down analysis, specific risk analysis, VaR and risk trend analysis, reports and analysis for regulators.

Requirements

• Experience in a trading / market risk related field with a strong focus in Risk Management of multiple asset classes.
• Intellectually curious with the ability to investigate and develop root cause analysis for portfolio changes.
• Experience with Python or other similar languages.
• Experience with Tableau, Alteryx or other similar tools.
• High level of proficiency with Microsoft Excel.
• Adept at communication with ability to influence co-workers across our global team and all levels of the organization including escalation of issues.
• Ability to aggregate and synthesize complex data from multiple sources.
• Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously.
• Experience and understanding of common market risk metrics like Value at Risk (VaR).
• Experience with regulatory reporting, regulatory exams, and/or audit.
• Experience with Projects related to Regulatory Capital model (FRTB).
• Experience working with large data sets

Bank of America

Bank of America is one of the largest banks in the United States, serving individuals, businesses and institutions with banking, investing, asset management and risk-management products.

Its Indian operations and technology centres support the global bank. Finance professionals typically work in operations, financial reporting, regulatory, risk and audit roles.

• Industry: Banking and financial services
• Headquarters: Charlotte, North Carolina, USA
• In India: Corporate and investment banking, plus operations and technology centres in Mumbai, Hyderabad, Chennai and GIFT City (Gandhinagar)