Rates and CPM Market Risk Manager

Welcome to Bank of America, a leading financial institution committed to providing exceptional services to our clients. We are currently seeking a highly skilled and experienced Rates and CPM Market Risk Manager to join our dynamic team. In this role, you will play a crucial role in managing and monitoring the market risk associated with the bank's Rates and CPM products. As a key member of our risk management team, you will have the opportunity to utilize your expertise and contribute to the overall success of the organization. If you are a driven individual with a strong understanding of financial markets and possess excellent analytical and problem-solving skills, we encourage you to apply for this exciting opportunity.

1. Develop and implement risk management policies and procedures for the bank's Rates and CPM products.
2. Monitor and analyze market trends and developments, and assess potential impact on the bank's portfolio.
3. Conduct regular risk assessments and stress tests to identify potential areas of risk exposure.
4. Collaborate with traders and other stakeholders to ensure proper understanding and communication of market risk.
5. Utilize various risk management tools and techniques to identify, measure, and mitigate risk.
6. Prepare and present risk reports to senior management and make recommendations for risk mitigation strategies.
7. Stay up-to-date with industry regulations and best practices related to market risk management.
8. Lead and mentor junior team members to ensure a strong understanding of market risk and its impact on the bank's operations.
9. Develop and maintain relationships with external vendors and industry experts to stay informed of market trends and best practices.
10. Work closely with internal audit and compliance teams to ensure adherence to risk management policies and procedures.
11. Conduct training and educational sessions for other departments to increase awareness of market risk and its potential impact.
12. Collaborate with other departments to ensure alignment of risk management strategies with overall business objectives.
13. Continuously assess and improve upon existing risk management processes and procedures.
14. Provide guidance and support during regulatory audits and examinations.
15. Communicate effectively with stakeholders at all levels to ensure a thorough understanding of market risk and its impact on the organization.

According to JobzMall, the average salary range for a Rates and CPM Market Risk Manager in Atlanta, GA, USA is $106,000 - $130,000 per year. However, this can vary depending on factors such as experience, education, and the specific company and industry in which the individual is employed.

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.