Global Market Risk Stress Testing Specialist

Merrill; Charlotte (NC); On-site; USD 120,000 - 190,000; Full time

Job summary

Bank of America is seeking a senior GMIR stress testing professional to lead end-to-end scenario design, develop regulatory submission scenarios, and provide economic analysis across global risk teams.

You will prepare executive-level presentations, coordinate with risk partners, forecast teams, and support capital adequacy planning, stress testing, and risk appetite monitoring across international entities.

Qualifications

• 7+ years of work experience in banking, finance or economic research.
• Deep understanding of financial markets and macro-financial linkages.
• Capable of communicating complex economic and financial concepts to audiences with a broad range of technical sophistication.

Responsibilities

• Manage the end‑to‑end scenario design process by indirectly leading the design team.
• Effectively designing and communicating enterprise‑wide and GMIR requested scenarios to executive management and business partners.
• Partnering with Risk Managers, Counterparty Risk Partners, ESPE, and other forecast teams during the development of market shocks and scenario narratives.
• Understanding the Company's risk identification processes and inventory, as well as the GMIR points of weakness documents to design a customized internal specific scenario.
• Integrating requirements for capital adequacy planning, stress testing, and risk appetite monitoring as defined across key international legal entities.
• Learning and evaluating the stress methodologies using the mark shock projections, facilitating sensitivity analysis and understanding downstream impacts to losses.
• Identification of areas of improvement in the scenario design process and implementation of solutions.
• Drive the Scenario Generation governance requirements such as policy and procedure updates as well as quarterly control evidence and other requirements throughout the year

Skills

Business Acumen

Critical Thinking

Risk Modeling

Written Communications

Education

Bachelor's degree in Economics or Finance

Master's degree preferred

Tools

PowerPoint

Excel

Job description

Bank of America is seeking a senior GMIR stress testing professional to lead end-to-end scenario design, develop regulatory submission scenarios, and provide economic analysis across global risk teams.

You will prepare executive-level presentations, coordinate with risk partners, forecast teams, and support capital adequacy planning, stress testing, and risk appetite monitoring across international entities.