Capital Risk Strategist - Enterprise Oversight

Bank of America; New York (NY); On-site; USD 115,000 - 184,500; Full time

Job summary

Bank of America in New York is seeking a risk oversight professional responsible for providing risk guidance to the Line of Business. The role focuses on identifying risks across credit, market, operational and compliance areas, directing risk staff, and helping establish risk management procedures and standards.

Key duties include leading risk framework activities, monitoring controls, and assessing capital and liquidity risk across the enterprise.

Qualifications

• Strong analytical skills, including analysis of financial data and written reports.
• Knowledge of SEC broker dealer net capital rules and/or FINRA rules.
• 8-12 years of Treasury, Finance, Accounting or Risk Management experience.
• Proficiency with PowerPoint and Excel. Writes in a clear, concise, organized, and convincing manner for the intended audience.
• Strong business-centric mindset with ability to utilize sound business judgment and tailor approach to drive optimal business outcomes.

Responsibilities

• Participates in establishing risk management procedures and standards
• Conducts execution of risk framework activities including independent monitoring and testing of controls and risk management processes for the Line of Business (LOB)
• Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to risk categories
• Ensures adherence to the policies and procedures established by the company
• Manages risk requests, breach remediations and provides risk effective challenges for front line units
• Develops risk management analyses, reports, and approval procedures and guidelines on risk limits by type of product and/or transaction

Skills

Analytical Thinking

Oral Communications

Written Communications

Presentation Skills

Regulatory Compliance

Portfolio Analysis

Monitoring, Surveillance, and Testing

Collaboration

Trading Strategy

Issue Management

Coaching

Job description

Bank of America in New York is seeking a risk oversight professional responsible for providing risk guidance to the Line of Business. The role focuses on identifying risks across credit, market, operational and compliance areas, directing risk staff, and helping establish risk management procedures and standards.

Key duties include leading risk framework activities, monitoring controls, and assessing capital and liquidity risk across the enterprise.