Structured Finance Market Risk Lead

National Black MBA Association; New York (NY); On-site; USD 110,000 - 158,000; Full time

Job summary

Bank of America is seeking a highly analytical risk professional to join Global Markets Risk. The role focuses on independent oversight of market risk for the Global Mortgages & Securitized Products (GMSP) portfolio, including RMBS, CMBS, ABS, securitized lending, and related trading activities.

You will work with senior risk managers, traders, and business partners to assess risks and deliver insights for decision-making.

Qualifications

• Bachelor's degree in a quantitative field.
• 2-3 years of experience in Market Risk, Credit Risk, Capital Markets, Structured Finance, Trading Support, or a related function.
• Strong analytical and problem-solving skills with the ability to evaluate complex financial products and large datasets.
• Knowledge of fixed income, mortgage-backed securities, structured products, or securitized markets is preferred.
• Experience with Excel and data analysis tools; familiarity with Python, SQL, Tableau, or similar technologies is a plus.
• Strong written and verbal communication skills with the ability to clearly articulate risk concepts and analytical findings.

Responsibilities

• Identifies and monitors market risk exposure and develops mitigation strategies and resolutions.
• Sets managing risk parameters and guardrails for market risk and designs risk scenarios.
• Develops market risk coverage plans and oversees monitoring, testing and risk assessments.
• Liaises with businesses to understand market trends and impacts on portfolios.
• Adheres to company policies and regulatory requirements.

Skills

Analytical Thinking

Critical Thinking

Portfolio Analysis

Risk Analytics

Data and Trend Analysis

Decision Making

Oral Communications

Presentation Skills

Written Communications

Active Listening

Issue Management

Monitoring, Surveillance, and Testing

Regulatory Compliance

Technical Documentation

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, or a related quantitative field

Tools

Excel

Python

SQL

Tableau

Job description

Bank of America is seeking a highly analytical risk professional to join Global Markets Risk. The role focuses on independent oversight of market risk for the Global Mortgages & Securitized Products (GMSP) portfolio, including RMBS, CMBS, ABS, securitized lending, and related trading activities.

You will work with senior risk managers, traders, and business partners to assess risks and deliver insights for decision-making.