Reporting & Governance Sr. Analyst
Jersey City, New Jersey;New York, New York
**Job Description:**
Working closely with the Line of Business Risk Managers, Model Developers and Technology teams, the candidate will provide support for the implementation, testing and rollout of Full Revaluation VaR/S-VaR and Full Revaluation Stress market risk models. With a comprehensive working knowledge of market data infrastructure, data flows and market risk models, the candidate will be expected to play a significant role in the design and testing and integration of risk systems, ensuring the completeness and accuracy of all market risk models.
Responsibilities:
+ The candidate will liaise with Line of Business Risk Managers, Technology leads to provide quantitative risk implications of regulatory changes, new development etc. and enhance market risk models to reflect changes in the business environment.
+ The role requires a flexible approach that can deal with problems that require pragmatic solutions and innovative thinking.
+ The ability to manage, direct and co-ordinate multiple deliverables across multiple teams is essential to the role.
+ A track record of delivering robust process and working procedures to ensure the sustainability of new risk systems is ensured is required.
+ A thorough understanding of the key risk drivers at product, business and firm-wide levels is required.
+ The ability to communicate to Line of Business Risk Managers potential risks is required.
To be considered minimally qualified, candidates must possess the following
+ Masters Degree (MBA/MS) or equivalent degree with emphasis in finance, economics, accounting, computer science, or quantitative disciplines with minimum 3 years work experience in the position offered or related.
+ A broad knowledge across financial products, market structure, asset classes, and risk with an understanding of Value at Risk (VaR) and its use in the market risk management area.
+ Strong quantitative/analytical skills with understanding of capital regulations and how these apply to Market Risk is highly desirable.
+ Candidates must be high energy, be motivated to take initiative and ownership of projects, and multi task in a fast paced environment, while paying attention to detail.
+ Advanced desktop technology skills such as Excel and PowerPoint is a must (Bloomberg and Access skills are a plus but not required).
+ Excellent verbal and written communication skills, including well-developed presentation skills
+ Some experience in computer programming, VBA, SQL, Python.
**Job Band:**
H5
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
0
**Job Description:**
Working closely with the Line of Business Risk Managers, Model Developers and Technology teams, the candidate will provide support for the implementation, testing and rollout of Full Revaluation VaR/S-VaR and Full Revaluation Stress market risk models. With a comprehensive working knowledge of market data infrastructure, data flows and market risk models, the candidate will be expected to play a significant role in the design and testing and integration of risk systems, ensuring the completeness and accuracy of all market risk models.
Responsibilities:
+ The candidate will liaise with Line of Business Risk Managers, Technology leads to provide quantitative risk implications of regulatory changes, new development etc. and enhance market risk models to reflect changes in the business environment.
+ The role requires a flexible approach that can deal with problems that require pragmatic solutions and innovative thinking.
+ The ability to manage, direct and co-ordinate multiple deliverables across multiple teams is essential to the role.
+ A track record of delivering robust process and working procedures to ensure the sustainability of new risk systems is ensured is required.
+ A thorough understanding of the key risk drivers at product, business and firm-wide levels is required.
+ The ability to communicate to Line of Business Risk Managers potential risks is required.
To be considered minimally qualified, candidates must possess the following
+ Masters Degree (MBA/MS) or equivalent degree with emphasis in finance, economics, accounting, computer science, or quantitative disciplines with minimum 3 years work experience in the position offered or related.
+ A broad knowledge across financial products, market structure, asset classes, and risk with an understanding of Value at Risk (VaR) and its use in the market risk management area.
+ Strong quantitative/analytical skills with understanding of capital regulations and how these apply to Market Risk is highly desirable.
+ Candidates must be high energy, be motivated to take initiative and ownership of projects, and multi task in a fast paced environment, while paying attention to detail.
+ Advanced desktop technology skills such as Excel and PowerPoint is a must (Bloomberg and Access skills are a plus but not required).
+ Excellent verbal and written communication skills, including well-developed presentation skills
+ Some experience in computer programming, VBA, SQL, Python.
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-22078743
Band: H5
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Maida Salihovic
Referral Bonus:
0
Jersey City pay and benefits information
**Jersey City pay range:**
$90,000 - $130,000
annualized salary, offers to be determined based on experience, education and skill set.
**Discretionary incentive eligible**
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
**Benefits**
This role is currently benefits eligible . We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .
