Global Markets CVA Risk Manager

3 days ago

Dublin, Dublin City, Ireland Bank of America Full time

Job Description:

Job Title: Global Markets CVA Risk Manager

Corporate Title: up to VP

Location: Paris

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Location Overview:

Based in the 8th arrondissement and within the Parisian Golden Triangle, our beautiful Art-Deco era office benefits from luxury modern workspaces, an abundance of natural light and is easily accessible by public transport.

The Team:

This position is in the Market Risk Management team for a risk manager within the Rates and Counterparty Portfolio Management team. In addition to providing independent oversight of the market risks taken by the business, the market risk manager will assess a broad spectrum of risks for the desk, liaising with other risk functions as necessary, including operational, credit, and counterparty risks. This role requires close interaction with the trading desk and other risk and support groups (i.e. Finance, Quants, Technology, etc.)

Role Description:

This job is responsible for the reporting, analysis, and monitoring applicable market related risks taken within a specific product area. Key responsibilities include analysis of model risk, analysis and reporting of market risk, distributing the market risk reports, and interfacing with the trading desk and other risk and support groups (i.e., Compliance, Finance, Operations, etc.). This role specifically involves the review and challenge of the market risk and capital footprint associated with CVA (SA-CVA) and associated controls and reporting for Global Markets, drive projects to improve the CVA risk framework and methodology.

Responsibilities:

  • Identifies and monitors market risk exposure and develops mitigation strategies and resolutions in accordance with the bank's risk appetite and risk limits identified, as well as regulatory requirements, as applicable
  • Manages risk requests, breach remediations and providing risk effective challenges for front line units
  • Sets managing risk parameters and guardrails for market risk, while ensuring adherence to risk appetite and limits, and actively designing risk scenarios to implement decisions
  • Develops market risk coverage plans, oversees execution of monitoring, testing and risk assessments, conducts analysis and develops market risk reporting for specific products and communicates changes to senior management
  • Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk
  • Ensures adherence to the policies and procedures established by the company

What we are looking for:

  • Solid academic background, which may include a postgraduate qualification
  • Good people skills demonstrated across various communication styles (both written and verbal)
  • Knowledge of financial markets, ideally with solid understanding of Macroeconomics
  • Understanding of financial derivatives and modelling
  • Ability to multi-task and prioritize across several competing demands, meeting tight deadlines

What would help:

  • Previous experience as a Risk Manager working directly with the Front Line and performing risk analysis

Benefits of working at Bank of America:

France

  • Competitive retirement plan in addition to State plans
  • Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
  • Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers
  • Life and disability insurance
  • Time Savings Account ('CET') to save some of your leave days, cash them out or use them later
  • Reimbursement of 50% of your commuter pass
  • Nursery scheme for children under age 3
  • Works council benefits
  • Access to an Employee Assistance Programme for confidential support and help for everyday matters
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities
  • Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

#J-18808-Ljbffr

  • Market Risk Specialist

    3 days ago

    Dublin, Dublin City, Ireland Bank of America Full time

    Job Description:This role involves providing independent oversight of market risks taken by the business and assessing a broad spectrum of risks for the desk. The successful candidate will liaise with other risk functions as necessary, including operational, credit, and counterparty risks.The Market Risk Manager will be responsible for the reporting,...

  • Global Risk Management Leader

    2 days ago

    Dublin, Dublin City, Ireland Perrigo Full time

    We are proud to be a Top 10 player in the European Consumer Self-Care market and the largest U.S. store brand provider of over the counter and infant formula. As a dedicated team, we strive to provide The Best Self-Care for Everyone through our people behind the brands you trust.The Director of Global Quality Risk Management is responsible for ensuring that...

  • Global Markets Risk Governance

    3 days ago

    Dublin, Dublin City, Ireland Bank of America Full time

    Requirements:Solid academic background, which may include a postgraduate qualificationGood people skills demonstrated across various communication styles (both written and verbal)Knowledge of financial markets, ideally with solid understanding of macroeconomicsUnderstanding of financial derivatives and modelingAbility to multi-task and prioritize across...

  • Economic Recovery Project Manager

    2 weeks ago

    Dublin, Dublin City, Ireland PARETO SECURITIES AS Full time

    Economic Recovery Project Manager - ReannouncementDuty Station: Myitkyina with travel occasionally to BhamoReport to: Area ManagerDirect Report: EcRec Team Leader from Myitkyina Office and EcRec Officer from Bhamo OfficeOverall purpose of the role:Overall responsibility for the day-to-day management of DRC's sector projects within geographical area of...

  • Global Supply Risk Professional

    2 days ago

    Dublin, Dublin City, Ireland TN Ireland Full time

    About the Role:We are seeking a highly skilled Global Supply Risk Professional to join our team. As a key member of our global supply chain team, you will be responsible for managing governance assurance for Diageo's supply chain and procurement. This includes codifying processes, planning and developing risk performance standards and capabilities to improve...

  • Financial Risk Manager

    4 days ago

    Dublin, Dublin City, Ireland Capital Markets Recruitment Full time

    Capital Markets Recruitment is excited to partner with an International Financial Services firm who require a Compliance Manager for a 1 year fixed term contract.About the RoleThe successful candidate will report to the Head of Compliance and be responsible for providing expert guidance on compliance and financial crime matters.This includes advising staff...

  • Global Risk Strategist

    4 days ago

    Dublin, Dublin City, Ireland Northern Trust Corp Full time

    We are seeking a Global Risk Strategist to join our team at Northern Trust Corp. As a Global Risk Strategist, you will be responsible for developing and implementing our global risk strategy, including the oversight of investment risks associated with our EU domiciled fund ranges and SMAs across EMEA and APAC.The ideal candidate will have a strong background...

  • Market Risk and ESG Coordinator

    3 days ago

    Dublin, Dublin City, Ireland State Street Full time

    About the RoleThis is an exciting opportunity to join our Market Risk team as a Market Risk and ESG Coordinator. You will play a key role in ensuring the successful oversight, maintenance, and execution of the client service function for large Global Asset Managers.You will work closely with our Business Development teams in the region to deliver reporting...

  • Global Quality Risk Management Director

    5 hours ago

    Dublin, Dublin City, Ireland Tn Ireland Full time

    **Company Overview**Perrigo is a top 10 player in the European Consumer Self-Care market and the largest U.S. store brand provider of over-the-counter and infant formula.We are dedicated to providing The Best Self-Care for Everyone, fostering an inclusive, collaborative culture where each person can experience a sense of belonging.Job Description:The...

  • Senior Market Risk Analyst

    3 days ago

    Dublin, Dublin City, Ireland National Treasury Management Agency Full time

    About the Job:The National Treasury Management Agency is seeking an experienced Financial Risk Specialist to join its Risk unit. As a key member of the team, you will be responsible for providing support for the day-to-day running of the NTMA Risk unit, across various risk functions.Key Responsibilities:Provide expert advice on risk management frameworks and...

  • Director Global Quality Risk Management

    10 hours ago

    Dublin, Dublin City, Ireland Tn Ireland Full time

    Social network you want to login/join with: Director Global Quality Risk Management, Dublin Client: Perrigo Location: Dublin, Ireland Job Category: Other EU work permit required: Yes Job Reference: 75c8d478d601 Job Views: 2 Posted: Expiry Date: Job Description: At Perrigo, we are driven by our mission to Makes Lives Better Through Trusted Health and Wellness...

  • Risk Management Expert

    2 days ago

    Dublin, Dublin City, Ireland Strategic Risk Solutions Full time

    About the RoleWe are seeking a highly skilled actuary to join our team as a Senior Actuarial Consultant. The ideal candidate will have previously held Solvency II Actuarial Function roles and be familiar with the reserving and regulatory requirements of European domiciled non-life (re)insurance companies.Key ResponsibilitiesLead and manage Solvency...

  • Director Global Quality Risk Management

    3 weeks ago

    Dublin, Dublin City, Ireland Perrigo Full time

    At Perrigo, we are driven by our mission to Makes Lives Better Through Trusted Health and Wellness Solutions, Accessible to All. We are proud to be a Top 10 player in the European Consumer Self-Care market and the largest U.S. store brand provider of over the counter and infant formula. Dedicated to providing The Best Self-Care for Everyone, we are the...

  • Credit Risk Manager

    1 day ago

    Dublin, Dublin City, Ireland Capital Markets Recruitment Full time

    Key Responsibilities:The successful candidate will be responsible for assessment of corporate lending proposals, structuring appropriate loan terms & conditions from a risk/return perspective, making recommendations to senior management. Additionally, they will manage existing customer relationships and develop new customer opportunities in corporate...

  • Risk Management Professional

    3 days ago

    Dublin, Dublin City, Ireland Td Global Finance Unlimited Company Full time

    Job DescriptionAt Td Global Finance Unlimited Company, we're seeking a skilled Risk Management Professional to join our team. As an Esg Analyst, you'll play a vital role in supporting all TD Securities businesses globally in adherence to Environmental & Social Risk Frameworks and Policies.About the RoleThe primary responsibility of this position is to ensure...

  • Global Quality Risk Management Strategist

    2 days ago

    Dublin, Dublin City, Ireland Perrigouk Full time

    At Perrigo, we are driven by our mission to deliver exceptional quality and ensure the safety and efficacy of our products. As a Director of Global Quality Risk Management, you will play a crucial role in directing, consulting, developing, implementing, maintaining, and ensuring that our overall cGMP quality risk management program is robust and aligned to...

  • Market Risk Client Service Specialist

    5 days ago

    Dublin, Dublin City, Ireland State Street International (Ireland) Ltd Full time

    About the Role:The Market Risk Client Service AVP role at State Street International (Ireland) Ltd involves providing expertise in market risk and liquidity management services to Global Asset Managers. As a key member of the team, you will play a crucial role in planning and developing key client requirements.Responsibilities: Assist in specifying new...

  • Investment Risk Manager

    5 days ago

    Dublin, Dublin City, Ireland Northern Trust Full time

    Global Investment Risk RoleThis exciting opportunity is for an Investment Risk Specialist to join our global Risk team, based in our Dublin office. As a Designated Person PCF39 C (subject to CBI approval) for Fund Risk Management, you will act on behalf of Northern Trust Fund Managers Ireland Limited, which is authorized as a UCITS Management Company.Your...

  • Global ESG Risk Manager, Risk and Compliance

    3 days ago

    Dublin, Dublin City, Ireland Scotiabank Full time

    What We Offer:This is an exciting opportunity to join a purpose-driven winning team committed to results, in an inclusive and high-performing culture. As a Senior Manager, you will have the chance to work with supportive leaders who encourage your progression and development. Additionally, you will receive a comprehensive total compensation package,...

  • Risk Management Expert for Treasury Markets

    4 days ago

    Dublin, Dublin City, Ireland Elevate Partners Full time

    Treasury Markets & Group Trading Risk ManagerWe are seeking an experienced professional to join our team at Elevate Partners as a Treasury Markets & Group Trading Risk Manager.This is an excellent opportunity to work in a dynamic environment, managing treasury and trading risks at a group level while supporting strategic investment plans.Key...