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Global Markets Risk Senior Manager

Bank of America

Bank of America

Tokyo, Japan · United States · Remote
Posted on Tuesday, June 25, 2024

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description and Role Responsibilities::

Responsible for risk management of the APAC Linear Rates Volcker Trading Desk, Vanilla Interest Rate Options (VIRO) and GFF desks, with specific focus on the JGB Trading and JPY Swaps desks in Tokyo. The role entails understanding and challenging the desks trading positions, keeping track of market developments and client activity, close liaison with other control functions and escalation of key risks/concerns to senior trading and risk management. In addition the role covers regulatory requirements such as CCAR/stress testing, backtesting, and oversight of the regulatory capital model in Japan. The person will also provide detailed support to the Japan CRO for risk management oversight of BofASJ (a Tier 2 entity) and Bana-Tokyo as Rates trading is the predominant driver of the risk profile of these entities.

Skills:

  • Solid academic background, biased towards quantitative skills.

  • Deep knowledge of financial markets.

  • Strong understanding of financial derivatives and risk modelling.

  • Have a good understanding of IT systems and their development process.

  • Ability to communicate clearly and concisely with good people skill.

  • Previous experience as a Risk Manager working directly with the Front Line Unit and performing risk analysis.

  • Ability to multi-task and prioritise across several competing demands.