Director, Global Markets Risk — US Rates Non-Linear

ProfilHQ; New York (NY); On-site; USD 139,000 - 213,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Industry-leading benefits

Job summary

Bank of America is seeking a Director-level Risk Manager for the US Rates Non-Linear business in New York. The role requires deep market expertise in non-linear rates derivatives, complex structured products, and robust risk governance.

The candidate will lead risk, valuation, and reporting, partnering with Front Office, Legal, Finance, and Operations to ensure adherence to risk appetite and regulatory expectations. This is a hands-on leadership position with global scope.

Qualifications

• Postgraduate qualification preferred.
• Strong knowledge of financial markets, macroeconomics, and risk concepts.
• Experience with risk management and front-office interaction is desirable.

Responsibilities

• Provide authoritative oversight of market risk exposures and mitigation in the US Non-Linear portfolio.
• Lead risk limit enforcement and escalation of breaches with clear remediation expectations.
• Oversee risk reporting, stress testing, and risk governance aligned with risk appetite.
• Collaborate with Front Office, Legal, Finance, and Operations to ensure transparency, valuation and risk controls.
• Mentor team members and drive improvements in risk infrastructure and data quality.

Skills

Analytical Thinking

Critical Thinking

Portfolio Analysis

Risk Analytics

Collaboration

Decision Making

Oral Communications

Presentation Skills

Written Communications

Issue Management

Monitoring, Surveillance, and Testing

Regulatory Compliance

Technical Documentation

Trading Strategy

Education

Postgraduate qualification

Job description

Bank of America is seeking a Director-level Risk Manager for the US Rates Non-Linear business in New York. The role requires deep market expertise in non-linear rates derivatives, complex structured products, and robust risk governance.

The candidate will lead risk, valuation, and reporting, partnering with Front Office, Legal, Finance, and Operations to ensure adherence to risk appetite and regulatory expectations. This is a hands-on leadership position with global scope.