Vice President, Global Markets Risk Manager

Bank of America; Blandford Forum; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled analyst to enhance their market risk management team. In this role, you will engage in critical analysis and reporting of market-related risks, ensuring the integrity of financial operations. Your expertise in credit analysis and risk assessment will directly influence strategic decisions and contribute to the company's commitment to responsible growth. Join a diverse and inclusive workplace where your skills will be valued and your career can flourish. This is a fantastic opportunity to make a significant impact in a dynamic environment.

Qualifications

• 5+ years of credit analysis experience with corporates and financial institutions.
• Strong background in market risk management and distressed credit analysis.

Responsibilities

• Analyze financing proposals and monitor trading activity for risks.
• Prepare risk reports and provide updates to stakeholders regularly.

Skills

Credit Analysis

Market Risk Management

Presentation Skills

Spreadsheet Analysis

Writing Skills

Education

Graduate Degree

Post-Graduate Degree

Job description

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for the reporting, analysis, and monitoring applicable market related risks taken within a specific product area. Key responsibilities include analysis of model risk, analysis and reporting of market risk, distributing the market risk reports, and interfacing with the trading desk and other risk and support groups (i.e., Compliance, Finance, Operations, etc.).

Responsibilities:

• Analyze financing proposals put forth by the Asia Distressed and Special Situations Desk with independent views on credit/structure/collateral and other risks
• Analyze issuer risk limit proposals put forth by APAC Global Markets with independent views on the credit, market liquidity, trading velocity and other risks
• Monitor Asia Distressed and Special Situations Desk trading activity and act as an effective review and challenge function, while setting appropriate position/ portfolio level limits to manage credit and market risks
• Assess the credit risk exposure evolving with individual credits as well as the Asia Distressed and Special Situations Desk portfolio as a whole with a view to prepare Credit Memos/ Portfolio risk reports on a regular basis
• Prepare risk reports and provide updates to various forums/calls on a regular basis on the portfolio
• Provide timely analysis and commentary on issuer risk across APAC to various stakeholders including the front office, country risk executives and other Risk groups
• Work with GVG/Finance and other support departments to keep a strict vigil on the marks and furnish credit views in discussions
• Review the credit and market risk feeds and sign off to ensure accurate and timely reporting of credit and market risk in various bank systems. Participate in designing specifications and test new feeds/systems
• Participate in various New Product/Transaction approval forums
• Participate in review and approval of the credit risk and issuer risk policies and procedures
• Participate in various business control committees to highlight risk arising from the activities within the region

Skills:

• Candidates will typically have over 5 years of fundamental credit analysis experience, with wide coverage across corporates, financial institutions and sovereigns preferred. The position can be suitably upgraded to suit candidates with higher experience if there is genuine interest and there is a good fit
• Preference will be given to candidates with experience in analyzing distressed/special situation/structured credits and with a background in market risk management.
• Have excellent writing, presentation and spreadsheet analysis skills • Have a positive orientation and an ability to work in a fast paced environment/multi-task under pressure.
• Have a good academic record with commensurate graduate/post-graduate degrees from recognized institutions