New York, NY, 10176, USA
6 days ago
Risk Analysis Sr. Manager
Risk Analysis Sr. Manager Charlotte, North Carolina;New York, New York **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! **BACKGROUND** Global Risk Management (GRM) leads bank-wide initiatives for management of all aspects of risk, including strategic, market, credit, compliance, liquidity, operational, model, and reputational risk matters to support sustainable, profitable corporate growth. In a data driven economy, strategic data asset management is foundational to add to the enterprise value. Within GRM, we have established the Data Strategy & Management (DSM) function. A key pillar of this function is a growing Strategic Coordination and Implementation (SCI) team. Under DSM Executive’s leadership, the SCI team will develop a holistic vision on how best to structure data sourcing and data quality control strategy for GRM so it can unlock business value. This role provides you with a broad platform to build partnerships with business and risk counterparts, a vantage point to explore end-to-end data ecosystems and technologies, and ability to co-develop solutions for GRM that drive the greatest value across the organization. **ROLE DESCRIPTION** This role will collaborate with the GRA & Markets Behaviors Surveillance team to help build different business cases and scenarios for identification of behaviors related to market manipulation. · Collaboration with G **RA & Markets Behaviors Surveillance team** within GRM to understand the business case problems. · Identification, evaluation and research on different use cases and scenarios for the trade surveillance – market disruption, market manipulation, financial or regulatory risks · Identification of key trends, patterns in trading behaviors and market activities · Work with the modeling team to provide market structure and regulatory expertise to build surveillance models. · Participate in model design, development, and testing. · Works in the development, execution, and enhancement of reporting to allow Risk and business partners to effectively identify and manage risk. · Oversees the analysis of trends and oversees the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies. · Serves as a liaison between the data, technology, and reporting teams in support of strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met. · Reviews database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data. · Manages communications related to complex ad-hoc requests for information from both internal and external parties, ensuring requests are addressed. · Leads cross-functional strategic efforts to remediate data quality issues. · Provides oversight of relevant systems and assures controls are operating effectively based on feedback received from the control checks and reviews. **Skills:** · Performance Management · Project Management · Regulatory Relations · Risk Management · Stakeholder Management · Business Acumen · Continuous Improvement · Issue Management · Risk Analytics · Technical Documentation · Adaptability · Attention to Detail · Business Intelligence · Data Visualization · Data and Trend Analysis **QUALIFICATIONS** · 4+ years of experience in global markets related to trading, controls, regulations or surveillance in one or more of these asset classes - **Equities, FX, Commodities, Interest Rates, Credits** · Bachelors or Masters in computer science, finance, Information Systems or related field or relevant work experience. · Understanding of financial markets and product · Ability to monitor tight deadlines and adapt to unexpected requirement changes. · Self-motivated with an ability to work on one’s own with a strong sense of ownership and accountability in high-pressure situations. **PREFERRED QUALIFICATIONS** · Experience of programming in one or more among SQL, C/C++, Java, python · Familiarity with one of the following areas – Trading, Consumer Banking, Wealth Management, Transaction Banking, Compliance Surveillance · Understanding of algorithmic trading, their impact on markets and controls · Experience inimplementation/designof basic controls in trade surveillance systems · Familiarity with different data types – orders, executions, market data **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 **Pay Transparency details** US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544) Pay and benefits information Pay range $125,500.00 - $172,200.00 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, access to paid time off, 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) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.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 America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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