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Consumer Investments Platform Risk Oversight Analyst - Intraday Equity Risk Management

Location
Pennington, New Jersey
Job Type
Permanent
Posted
2 Sep 2022
Consumer Investments Platform Risk Oversight Analyst - Intraday Equity Risk Management

Jacksonville, Florida;Hunt Valley, Maryland; Lincoln, Rhode Island; Rolling Meadows, Illinois; Pennington, New Jersey; Chandler, Arizona

Job Description:

The candidate will support the Preferred Controls & Supervision organization to create a best-in-class overall client experience and risk controls environment. The role will focus on supporting the Platform Risk & Oversight team with identifying escalated risk derived from volatility and real time market movement while prioritizing and driving strategic initiatives to mitigate risk. The candidate will specifically focus on risk mitigation for key areas within the team, including intraday market monitoring, options exercise, and other functions pertaining to Margin. This role focuses on supporting proactive and real time risk mitigation, requiring a strong background in Equities and Options.

The candidate will also help to identify trends via reporting and quality control analysis, produce reporting and specify areas of improvements/solutions to mitigate operational risk. The candidate will help establish communication forums with internal business partners, identify opportunities to improve internal processes and the client experience. The candidate will also help establish action plans for initiatives/projects to help move the business forward. The desired candidate will possess a committed focus on meeting client needs and always exceeding expectations.

Required Skills:

Understanding of Consumer Investments clients and business

Demonstrates leadership, leading through change and process improvements to deliver results

Strong analytical capability to drive root cause analysis, demonstrate attention to detail, deliver concise and value added reporting

Demonstrated creative resolution development, problem solving, and follow up skills.

Self-starter able to work independently, with minimal oversight and guidance

Ability to quickly develop subject matter expertise across a broad spectrum of issues

Strong organization skills, including the ability to manage multiple responsibilities, prioritize and meet deadlines

Strong communication and presentation skills

3 or more years work experience in financial services

Must be proficient in advanced MS Excel functions, PowerPoint, Word

Provide statistical analysis to identify trends and outlier metrics

Desired Skills:

Series 7

3+ years of brokerage experience

Ability to shift priorities on a daily basis with short notice

Experience in key areas outlined: Margin, Equities and Options

VBA/Python knowledge

Job Band:

H6

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The candidate will support the Preferred Controls & Supervision organization to create a best-in-class overall client experience and risk controls environment. The role will focus on supporting the Platform Risk & Oversight team with identifying escalated risk derived from volatility and real time market movement while prioritizing and driving strategic initiatives to mitigate risk. The candidate will specifically focus on risk mitigation for key areas within the team, including intraday market monitoring, options exercise, and other functions pertaining to Margin. This role focuses on supporting proactive and real time risk mitigation, requiring a strong background in Equities and Options.

The candidate will also help to identify trends via reporting and quality control analysis, produce reporting and specify areas of improvements/solutions to mitigate operational risk. The candidate will help establish communication forums with internal business partners, identify opportunities to improve internal processes and the client experience. The candidate will also help establish action plans for initiatives/projects to help move the business forward. The desired candidate will possess a committed focus on meeting client needs and always exceeding expectations.

Required Skills:

Understanding of Consumer Investments clients and business

Demonstrates leadership, leading through change and process improvements to deliver results

Strong analytical capability to drive root cause analysis, demonstrate attention to detail, deliver concise and value added reporting

Demonstrated creative resolution development, problem solving, and follow up skills.

Self-starter able to work independently, with minimal oversight and guidance

Ability to quickly develop subject matter expertise across a broad spectrum of issues

Strong organization skills, including the ability to manage multiple responsibilities, prioritize and meet deadlines

Strong communication and presentation skills

3 or more years work experience in financial services

Must be proficient in advanced MS Excel functions, PowerPoint, Word

Provide statistical analysis to identify trends and outlier metrics

Desired Skills:

Series 7

3+ years of brokerage experience

Ability to shift priorities on a daily basis with short notice

Experience in key areas outlined: Margin, Equities and Options

VBA/Python knowledge

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-

Band: H6

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

PAYAL PATEL

Referral Bonus:

0

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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Details

  • Job Reference: 702620663-2
  • Date Posted: 2 September 2022
  • Recruiter: Bank of America
  • Location: Pennington, New Jersey
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent