Bank of America Value at Risk Backtesting and Volcker Regulatory Reporting - Charlotte in Charlotte, North Carolina
As a member of the group you will be responsible fordelivering BAUandchangeacross the Value at Risk Backtesting (VBT) and Volcker Finance regulatory reporting program. This will support the implementation of VBT at a granular level across the Markets Business and ensure flawless and timely delivery of P&L Attribution required for VBT and Volcker, altogether with analysis of the returned results and remediation where required.
As a VP developing new processes to bridge the Product Control, Finance and Risk disciplines your responsibilities will include the following:
Managing the VBT Financial Central controls team both onshore (London) and offshore (India).
Point of contact for all VBT matters and especially during the month end PL reporting Volcker cycles (1st week of each month).
Risk and Issue identification, Management, and resolution.
Forming and communicating a change agenda and working with the BAU and Tech team involved with prioritisation and implementation.
Regular Status reporting and contributing to working grouping management and steering committees.
Involvement with complex design and delivery issues that impact multiple lines of business.
Liaison with Technology to oversee aspects of implementation.
Building sustainable processes that the candidate will then run after development.
Partnering with Trade support, Finance, Risk, quantitative services and Technology to define business processes and implement related technology solutions.
Will be expected to contribute to creating business cases, conceptual designs (business process and technical) and translate business priorities and requirements into actionable, structured, project plans.
7+ years related experience
Python Language Coding experience (skill required as the candidate will grow his knowledge on developing within the bank of America learning framework.)
Broad business experience defining business and system requirements for P&L and risk applications.
Ability to lead and drive change
Have proven requirement and process definition and documentation skills, with ability to handle diverse workload and tight schedules.
Demonstrate experience in or around the product control environment, including understanding of Greeks and awareness of VaR and Market risk activities.
Experience in MO office/finance/operation re-engineering initiatives.
VBA/Macro – strong level required.
Ability to work across business groups and in a team environment and across various levels within MO, Technology, Operations, CFO, & COO’s
Posting Date : 06/26/2018
Charlotte, NC, HEARST TOWER, 214 N TRYON ST,
- United States
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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