Bank of America

Market Risk Manager

Bank of America

9660 Hillcroft St, Houston, TX 77096, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

The work of a Market Risk Manager is a blend of technical understanding of financial products, real-time monitoring of financial markets, and quantitative data analysis/modelling. Identify and analyze all significant risks for the Credit line of businesses and ensure Senior Management are kept informed. Work with the business and other support functions to assess the risks and ensure they are within the firm’s risk appetite. Identify risk concentration under which the business could incur material losses. Validate and produce information that is distributed to the regulators. Assist in ad-hoc risk related queries, drill down analysis, VaR/stress analysis or risk trends. Contribute to the development of the Market Risk team and to the positive working environment.

Where is this job?
This job is located at 9660 Hillcroft St, Houston, TX 77096, USA
Job Qualifications
  • 5-7 years Market Risk management or equivalent experience at a top financial institution is desired.

  • An understanding of market risk metrics, credit, the Greeks, VaR and stress scenarios.

  • An understanding of fixed-income markets, asset classes and products (structures, valuations, risk metrics, correlations, etc.).

Required Skills
  • Database management skills

  • Effective Time Management

  • Excel (VBA skills)

  • Market risk metrics

  • VaR/stress analysis

  • Drill down analysis

Soft Skills
  • Verbal communication

  • Prioritizing skills

  • written communication

  • Multitasking Skills

  • Attention to detail and accuracy

  • Flexibility and adaptability

Compensation

According to JobzMall, the average salary range for a Market Risk Manager in 9660 Hillcroft St, Houston, TX 77096, USA is between $83,000 and $103,000. This range may vary depending on the individual's experience level, qualifications, and additional skills.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMay 21st, 2021
Apply BeforeMay 10th, 2026
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About Bank of America

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.

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