Bank of America Risk Analysis Sr Analyst - IMM Listed Futures & Options implementation in NEW YORK, New York

Risk Analysis Sr Analyst - IMM Listed Futures & Options implementation

Description

This position falls within GRA (Global Risk Analytics), and more specifically within the Global Markets GRA team. This role is part of a team leading the IMM Listed Futures & Options implementation.

This would involve knowledge of the clearing business, products and all the related components (trade sourcing, risk exposures, credit risk, collateral, capital etc). This requires driving implementation of various front-to-back components with business (Risk, FO, Capital and Operations) and technology teams in leading definition of functional solution and execution. This would require knowledge of strategic infrastructure, SME knowledge, business analysis and development of approach/resolution, execution, and project management

Generic Job Description:

Responsible for performing data management, complex analysis, and modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides data / IM, analytical support on various product strategies to ensure company goals are met. Coordinates the production of databases, performance reports for senior mgt. Manages the review and analysis of trends in current population distributions and recommends strategies. Directs the development of more complex databases, program models to extract data and use databases to provide statistical and financial modeling. Oversees the data design, analysis of portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Integrates the analysis team with other corporate units to insure alignment of analysis with business strategies and objectives. Responsible for hiring and training Risk Analysis Specialist and Risk Analysis Analyst. PhD, Master's degree, or large data experience preferred; Programming experience like SQL, SAS preferred; 7 years experience.

Qualifications

Requirements:

  • 8-10 years of Risk Management experience working for a Financial Services firm

  • Knowledge and experience with Global Markets Risk

  • Solid SQL skills and experience using SQL Server

  • Advanced Excel skills, including data import, pivot tables, lookups and data analysis.

  • Solid analytical skills - must be able to learn how to navigate systems, access data, reconcile numbers from different sources, identify discrepancies and understand drivers of change within data.

  • Ability to handle multiple competing priorities in a fast-paced environment.

  • Ability to work effectively with technical and non-technical business teams.

  • Excellent interpersonal and communication skills.

  • Understanding of Risk Management Practices and Policies

  • In-Depth understanding and use of Business Intelligence applications and reporting tools.

Job: QA-Risk Modeling and Analytics

Primary Location: US-NY-NEW YORK

Work Locations: NY1050 50 Rockefeller Plaza New York 10020

Organization: 4338530-GLOBAL RISK ANALYTICS

Travel: No

Job Posting Date: Nov 29, 2016

Unposting Date: Jan 6, 2017

Full/Part-time: Fulltime

Hours Per Week: 40.00

Shift: 1st Shift

Req ID: 16058287