Manager

Bank of America
Mumbai, Hyderabad
Workplace: OnsiteFull timeFunction: Capital Markets, Trading & QuantExperience: 6-8 yearsEducation: mastersSkills: ["Multitasking","Communication","Proactive risk escalation","Analytical skills","Reliability"]

Own and execute Value-at-Risk (VaR) backtesting controls and reporting within the Global Markets Business, handling production delivery and change for the VBT program. Partner with Finance, Risk, and Technology to complete due diligence when VaR overages are identified, ensuring documentation is accurate. Produce and maintain dashboards used by control teams, collaborate with key stakeholders, and support audit evidence collection for the regularly audited process.

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FursaFursa
Bank of America
Bank of America
9 hours ago

Manager

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Source: Company careers pageValidated by: Fursa AI
Last checked: 9 hours agoStatus: Live

Job Summary

Own and execute Value-at-Risk (VaR) backtesting controls and reporting within the Global Markets Business, handling production delivery and change for the VBT program. Partner with Finance, Risk, and Technology to complete due diligence when VaR overages are identified, ensuring documentation is accurate. Produce and maintain dashboards used by control teams, collaborate with key stakeholders, and support audit evidence collection for the regularly audited process.
Location: Mumbai, Hyderabad
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Run VBT controls as an individual contributor, including identifying VaR overages and completing due diligence with BFC teams.
  • •Partner with Finance, Risk, and Technology to implement technology solutions for the program.
  • •Ensure documentation is complete and accurate for control processes.
  • •Produce dashboards used by Finance teams to identify breaks and track items needing remediation.
  • •Work with VBT leads to collate audit evidence and support audit requirements, while identifying and escalating potential risks.

Key Requirements

  • •6-8 years of experience in Global Markets Product Control.
  • •Qualified FRM/ CFA/ MBA (Tier I/II) with relevant experience in a Global Markets, Product Control or Market Risk environment.
  • •Proficiency with tools such as Alteryx and Tableau, and an advantage for using AI tools like CoPilot.
  • •Strong written and verbal communication with English proficiency across different management levels.
  • •Ability to multitask, analyze issues independently, and proactively identify, escalate, and resolve risks.
Experience:6-8 yearsGlobal marketsProduct controlMarket risk
Education:Master's
Skills:MultitaskingCommunicationProactive risk escalationAnalytical skillsReliability
Certifications:CFAFRM
Languages:English
Tech Stack:AlteryxTableauAI toolsCoPilot

Company Brief

Bank of America
One of the largest banking institutions in the United States, providing consumer and commercial banking, wealth management, investment banking, and financial services to individuals, businesses, and institutions globally.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 1904
WebsiteLinkedIn