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Global Markets Risk Manager - Legal Entity and Supervisory Coverage

  • Job
    Full-time
    Senior & Expert Level
  • Legal
    Banking & Finance
  • Dublin

AI generated summary

  • You should have risk management experience, strong academic credentials, excellent communication skills, financial markets knowledge, understanding of derivatives, and the ability to prioritize under pressure.
  • You will track regulatory developments, communicate risks, support reporting, interact with regulators, present to committees, and manage market risk initiatives and projects.

Requirements

  • Previous experience as a Risk Manager working directly with the Front Line and performing risk analysis
  • Good academic background, which may include a postgraduate qualification
  • Good people skills demonstrated across various communication styles (both written and verbal)
  • Knowledge of financial markets, ideally with solid understanding of Macroeconomics
  • Understanding of financial derivatives and modelling
  • Ability to multi-task and prioritize across several competing demands, meeting tight deadlines

Responsibilities

  • - Communicating key regulatory risks and provide interpretation, guidance and advice on applicable regulations to the Head of Market Risk.
  • - Tracking the development of regulations and regulatory expectations applicable to Market Risk in the Legal Entity.
  • - Supporting the Head of Market Risk and provide regular and ad hoc reporting, as required.
  • - Interacting with key regulators, including the CBI, ECB, FRB and OCC.
  • - Presenting to governance committees may be required.
  • - Understanding of Legal Entity market risk reporting in light of regulatory requirements.
  • - Providing expertise and guidance on market risk ICAAP and EBA Stress Test submissions.
  • - Coordinating and managing initiatives and ad-hoc projects.

FAQs

What is the job title for this position?

The job title is Global Markets Risk Manager - Legal Entity and Supervisory Coverage.

Where is the job located?

The job is located in Dublin.

What is the corporate title associated with this position?

The corporate title is up to Director.

What kind of experience is required for this role?

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

What qualifications are preferred for candidates applying for this role?

A good academic background, which may include a postgraduate qualification, is preferred.

What specific regulatory knowledge is important for this role?

Knowledge of regulatory expectations applicable to Market Risk, including EBA Stress Testing and BCBS 239, is important.

Will the candidate need to interact with regulators?

Yes, the candidate will need to interact with key regulators, including the CBI, ECB, FRB, and OCC.

What are the key responsibilities of this position?

Key responsibilities include communicating key regulatory risks, tracking regulatory developments, supporting the Head of Market Risk with reporting, and providing expertise on market risk ICAAP and EBA Stress Test submissions.

What kind of benefits does Bank of America provide?

Bank of America offers various benefits including private healthcare, a competitive pension plan, backup childcare and adult care, flexible benefits, and access to an Employee Assistance Program.

Is Bank of America an equal opportunity employer?

Yes, Bank of America is an equal opportunities employer and ensures that no applicant is subject to less favorable treatment based on various characteristics including gender, race, religion, and more.

Does Bank of America support charity donations?

Yes, employees have the ability to donate to charities of their choice, and the bank will match their contributions.

Are there opportunities for professional development and community involvement?

Yes, employees have the opportunity to develop new skills and volunteer in their local community.

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Mission & Purpose

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

Culture & Values

  • Deliver together

    We believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. We strive to go the distance to deliver, with discipline and passion. We believe in connecting person-to-person, with empathy and understanding. We believe everything we do for our clients, teammates and the communities we serve is built on a solid business foundation that delivers for shareholders.

  • Act responsibly

    We believe that integrity and the disciplined management of risk form the foundation of our business. We are aware that our decisions and actions affect people’s lives every day. We believe in making decisions that are clear, fair and grounded in the principles of shared success, responsible citizenship and community building.

  • Realize the power of our people

    We strive to help all of our employees reach their full potential. We believe that diverse backgrounds and experiences make us stronger. We respect every individual and value our differences - in thought, style, sexual orientation, gender, gender identity and expression, race, ethnicity, culture, age, ability and experience.

  • Trust the team

    We believe great teams are built on mutual trust, shared ownership and accountability. We act as one company and believe that when we work together, we best meet the full needs of our clients, and deliver value to our shareholders.