Associate - R

Bank of America; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Health insurance

Job summary

Bank of America in Hyderabad, India, is seeking a Market Risk professional to support cross-region risk management activities. You will work on reporting, VaR analysis, limits, and stress testing in collaboration with teams in Europe and the US.

You should have 2–7 years in trading or market risk, strong Excel and Python skills, and the ability to communicate with senior risk leaders. This is an excellent entry into a global risk organization with exposure to senior management.

Qualifications

• Experience in a trading or market risk related field.
• Proficiency with Python and Excel for data analysis.
• Strong attention to detail and data-driven decision making.
• Bachelor's or Master's degree in Engineering, Commerce, CA, or MBA.

Responsibilities

• Participate in production of routine reports and analysis.
• Manage critical reporting and governance routines incl. regulatory filings and board inputs.
• Answer ad-hoc questions from regulators and senior risk leaders.
• Implement and monitor new limits.
• Develop new materials or analyses as needed.
• Automate processes using Python, Excel, or similar.
• Maintain documentation on processes.
• Coordinate with technology and data partners to resolve issues.
• Support a strong control environment and participate in control routines.

Skills

Python

Excel

Data analysis

Market risk

Communication

Regulatory reporting

Education

Bachelor/Master degree

Tools

Regulatory reporting tools

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

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

Process Overview*

Market Risk management serves as independent risk oversight of the Firm’s trading activities across the various trading desks and trading portfolios. The Global Market Risk Portfolio Analysis team within Market Risk is responsible for the implementation and management of cross‑product processes and analysis to support the Global Markets business and senior Risk management.

Job Description*

The team in India will support a broad set up of work in conjunction with employees located in Europe and the US. These workstreams include critical central process integral to Market Risk management at Bank of America, such as Reporting, VaR Analysis, Limits, and Stress Testing. The Portfolio Analysis teams owns these processes end‑to‑end, managing production, analysis, governance, and related technology. The role offers an excellent entry point to the Risk organization, with the opportunity to interact with a broad cross section of teams across the bank. This is a high visibility role and would entail regular exposure to senior management.

Responsibilities*

• Participating in the production of routine including review and analysis of report output
• Managing several critical reporting and governance routines, such as regulatory filings and board and committee input preparation
• Fielding ad-hoc questions on the report from regulators, internal senior risk leaders, and audit partners
• Implementation and monitoring of new limits
• Developing new materials or analyses as needed
• Automate processes where needed via Python coding, excel, or other similar
• Maintain and develop documentation on processes where needed
• Liaising with technology and data partners to correct issues discovered as part of the analysis process
• Ensuring a strong control environment and participating in the execution of control routines
• Maintain and develop documentation on processes where needed

Requirements*

Education*

• Bachelors/Masters degree in Engineering, Commerce, CA, MBA

Certifications If Any

• CFA, FRM etc. will be an added advantage

Experience Range*

• 2 – 7 years

Foundationalskills*

• Experience in a trading / market risk related field
• Intellectually curious with the ability to investigate and develop root cause analysis for portfolio changes
• Experience working with large data sets
• Experience with Python or other similar languages
• High level of proficiency with Microsoft Excel
• Adept at communication with ability to influence co-workers across our global team and all levels of the organization including escalation of issues
• Ability to aggregate and synthesize complex data from multiple sources
• High level of attention to detail

Desired skills*

• Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
• Experience and understanding of common market risk metrics like Value at Risk (VaR)
• Experience with regulatory reporting, regulatory exams, and/or audit

Bank of America is a global financial institution offering comprehensive banking, investment, and asset management services to individuals, businesses, and corporations.

Banking Credit Intermediation Financial Services

100 North Tryon Street, Charlotte, NC 28202, US 16001 Dallas Pkwy, Addison, TX 75001, US 3123 N Scottsdale Rd, Scottsdale, AZ 85251, US 135 S La Salle St, Chicago, IL 60603, US 500 W 7th St, Fort Worth, TX 76102, US 333 S Hope St, Los Angeles, CA 90071, US 7105 Corporate Dr, Plano, TX 75024, US 115 W 42nd St, New York, NY 10036, US