The Interest Rate Risk and CFO Price Risk team under the Enterprise Financial Risk group within Global Risk Management is looking for a risk analyst to be responsible for independent risk oversight of the price risks created through hedging activities performed by the CFO organization. Through this role, the candidate will need to develop a strong understanding of how the CFO organization within Bank of America manages the hedging strategies and the associated price risks they generate. Key responsibilities will include reviewing and challenging the daily activities in these portfolios, researching new and emerging risks to which this portfolio is exposed and supporting critical requirements to report these risks to senior executives and regulators.
Required Skills
- Incumbents typically have less than 5 years of experience in the financial industry, ideally with exposure to market risk concepts
- Ability to communicate effectively with senior stakeholders and independently lead initiatives
- Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
- Highly motivated individual who fully understands the demands of a market risk professional with ability to work in a fast-paced environment
- Intellectually curious with the ability to investigate and develop root cause analysis for issues and propose corresponding process or technology changes
Preferred Skills
- Background in Finance, Engineering, Math, Statistics or Computer Science
- Understanding of implications associated with security and derivative accounting elections
Shift:1st shift (United States of America)
Hours Per Week: 40
