Rates and CPM Market Risk Manager

Are you a highly experienced, detail-oriented professional with a passion for managing market risk? Look no further, because Bank of America is seeking a Rates and CPM Market Risk Manager to join our dynamic team. In this role, you will play a crucial role in identifying, assessing, and mitigating risk in our Rates and CPM market portfolio. We are looking for a self-motivated individual with a strong analytical mindset and excellent communication skills. If you have a proven track record in risk management and a deep understanding of market dynamics, we want you on our team. Join us now and be a part of our mission to provide exceptional risk management services to our clients.

1. Develop and implement market risk strategies and policies for the Rates and CPM market portfolio.
2. Monitor and analyze market trends, events, and conditions to identify potential risks.
3. Conduct risk assessments and stress tests to evaluate the impact of market events on the portfolio.
4. Collaborate with cross-functional teams to ensure effective risk management practices are in place.
5. Communicate risk analysis and recommendations to senior management and stakeholders.
6. Develop and maintain risk management tools and models to measure, monitor, and report on market risk.
7. Stay up-to-date with industry regulations and best practices to ensure compliance and mitigate risk.
8. Identify and implement improvements to existing risk management processes and procedures.
9. Train and mentor junior team members on risk management principles and practices.
10. Conduct regular reviews of risk management policies and procedures to ensure they are aligned with business objectives.
11. Develop and maintain strong relationships with internal and external stakeholders.
12. Stay informed and knowledgeable about global market trends, developments, and potential risks.
13. Conduct regular risk assessments and make recommendations to optimize risk-return trade-offs.
14. Actively participate in risk committees and provide insights and recommendations to support decision-making.
15. Collaborate with other risk management teams to ensure a holistic approach to risk management across the organization.

According to JobzMall, the average salary range for a Rates and CPM Market Risk Manager in New York, NY, USA is $110,000 - $160,000 per year. However, this can vary depending on factors such as the specific industry, company size, and the individual's experience and qualifications.

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.