Bank of America is seeking an experienced Global Markets CVA Risk Manager in Paris to provide independent oversight of market risks, assess risks across different portfolios, and drive improvements in risk frameworks and methodologies for the Global Markets division.
Responsibilities include reporting, analyzing, and monitoring market-related risks within specific product areas, with a focus on reviewing and challenging market risk and capital footprint associated with CVA (SA-CVA). The role involves identifying market risk exposures, developing mitigation strategies, managing risk parameters, and ensuring adherence to risk appetite and regulatory requirements.
The ideal candidate will have a strong academic background, preferably with a postgraduate qualification, solid understanding of financial markets, derivatives, and modeling. Candidates must demonstrate excellent communication skills, ability to multi-task, prioritize competing demands, and meet tight deadlines. Experience as a Risk Manager working directly with Front Line and performing risk analysis is highly desirable.
Bank of America offers competitive benefits including a retirement plan, mandatory medical plan, life and disability insurance, commuter pass reimbursement, nursery schemes, works council benefits, and opportunities for community volunteering and professional development in a diverse and inclusive workplace.