Full-Time

Risk Analysis Sr. Manager

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Compensation Overview

$125.5k - $172.2kAnnually

+ Discretionary Incentive Plan

Mid, Senior

Charlotte, NC, USA + 1 more

More locations: New York, NY, USA

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 4+ years of experience in global markets related to trading, controls, regulations or surveillance in one or more of these asset classes - Equities, FX, Commodities, Interest Rates, Credits
  • Bachelors or Masters in computer science, finance, Information Systems or related field or relevant work experience.
  • Understanding of financial markets and product
  • Ability to monitor tight deadlines and adapt to unexpected requirement changes.
  • Self-motivated with an ability to work on one’s own with a strong sense of ownership and accountability in high-pressure situations.
  • Performance Management
  • Project Management
  • Regulatory Relations
  • Risk Management
  • Stakeholder Management
  • Business Acumen
  • Continuous Improvement
  • Issue Management
  • Risk Analytics
  • Technical Documentation
  • Adaptability
  • Attention to Detail
  • Business Intelligence
  • Data Visualization
  • Data and Trend Analysis
Responsibilities
  • Collaboration with GRA & Markets Behaviors Surveillance team within GRM to understand the business case problems.
  • Identification, evaluation and research on different use cases and scenarios for the trade surveillance – market disruption, market manipulation, financial or regulatory risks
  • Identification of key trends, patterns in trading behaviors and market activities
  • Work with the modeling team to provide market structure and regulatory expertise to build surveillance models.
  • Participate in model design, development, and testing.
  • Works in the development, execution, and enhancement of reporting to allow Risk and business partners to effectively identify and manage risk.
  • Oversees the analysis of trends and oversees the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies.
  • Serves as a liaison between the data, technology, and reporting teams in support of strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met.
  • Reviews database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data.
  • Manages communications related to complex ad-hoc requests for information from both internal and external parties, ensuring requests are addressed.
  • Leads cross-functional strategic efforts to remediate data quality issues.
  • Provides oversight of relevant systems and assures controls are operating effectively based on feedback received from the control checks and reviews.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. One of its key strengths is its position as a leading wealth management firm, as well as its prominence in corporate and investment banking and trading. Unlike many of its competitors, Bank of America combines a vast network of services with a strong focus on both personal and corporate financial needs. The goal of Bank of America is to help clients achieve their financial goals through comprehensive financial solutions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-17%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

Help us improve and share your feedback! Did you find this helpful?