Global Market Risk & Stress Testing Analyst

Bank of America; Jersey City (NJ); On-site; USD 110,000 - 183,000; Full time

Job summary

Bank of America in Jersey City seeks an experienced risk professional to support market risk stress testing, including regulatory mandated analyses and scenario testing. This role requires coordinating production processes and driving initiatives with Technology and risk partners.

You will monitor health metrics, contribute to planning, and become a subject matter expert on market risk and counterparty stress testing.

Qualifications

• Incumbents typically have 7 - 10 years of experience in the financial industry, ideally with market risk concepts and stress testing knowledge
• Technology related Project Management experience
• Highly motivated individual who fully understands the demands of a market risk professional with ability to work in a fast-paced environment
• Highly proficient at communication with ability to influence co-workers across our global team and all levels of the organization
• Intellectually curious with the ability to investigate and develop root cause analysis for issues and propose corresponding process or technology changes
• Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
• Experience with regulatory exams and audit

Responsibilities

• Coordinate stress testing requests across various stakeholders, including Technology
• Investigate and elevate production issues in collaboration with Technology
• Manage initiative requests across the team for prioritization in the annual cycle
• Drive business requirements for funded technology initiatives for the team
• Support adoption of firm-wide strategic initiative impacting trading and counterparty stress testing and reporting
• Monitor and report on key health metrics in the stress testing processes

Skills

Coaching

Collaboration

Continuous Improvement

Process Design

Risk Management

Analytical Thinking

Data Quality Management

Problem Solving

Regulatory Relations

Reporting

Business Process Analysis

Controls Management

Data and Trend Analysis

Prioritization

Written Communications

Job description

Bank of America in Jersey City seeks an experienced risk professional to support market risk stress testing, including regulatory mandated analyses and scenario testing. This role requires coordinating production processes and driving initiatives with Technology and risk partners.

You will monitor health metrics, contribute to planning, and become a subject matter expert on market risk and counterparty stress testing.