Risk Validation Analyst  Global Middle Office Generally:  - Global Middle Office delivers control functions responsible for providing assurance over data and processes used to record risk, P/L, balance sheet and financial results in support of Global Markets, Corporate Treasury and Corporate Investments businesses.   - There are seven GMO core functions that are critical in ensuring business process control: New Business Development, Trade Capture Substantiation, P&L Validation, Risk/Position Validation, Balance Sheet Substantiation, Event Monitoring, and Front-Back Process Oversight.  Quantitative Middle Office:  The QMO or Quantitative Middle Office Team is part of the Global Middle Office (GMO) Team. The Risk validation team is responsible for assisting in the accurate computation & reporting of risk sensitivities for OTC derivatives which are used for risk calculations.   Job Overview:  Daily Risk validation and Analysis :  - Review and validate new risk measures to be used by the SBA model   - Explain the daily primary and secondary risk sensitivities for OTC derivatives  - Investigate discrepancies in the calculated number by performing independent trade valuation  - Communicate daily with FO and technology partners on issues and discrepancies discovered  Process Improvement :  - Identify issues and control gaps in existing infrastructure   - Work with technology team to streamline our processes and enhance data integrity and control  Project Management:  - Accountable for the success of small projects or sections of larger ones   - Responsible for the quality and timeliness of all project deliverables and well as the implementation of relevant project management practices (status reporting, issue tracking etc)   - Day to day responsibility for managing the project with line, technology and other partners   Qualifications:  Must Have :   - Masters Degree in Finance, Economics or Financial Quantitative Analysis  - Excellent communication skills   - Strong technical skills including experience using MS Office, SQL, and Visual Basic; Experience handling large amount of data   - Strong analytical skills  - Knowledge or experience with trading products in capital markets: Knowledge of: Fixed Income Modeling. Pricing derivative products like Futures, Options, Indexes, CDS, CDO, FRAs, SWAPs, SWAPTIONs, CAPs/FLOORs.   - Knowledge of Financial Risk Management: Credit Risk Model, Value at Risk. Knowledge of Interest Rates, Credit spreads, bond pricing, etc.   - Strong knowledge of market & credit risk

Delhi NCR

Hyderabad

BA Continuum - Manager/Sr Manager - Risk Validation Analyst    

BA Continuum - Manager/Sr Manager - Risk Validation Analyst     ,Job Description for BA Continuum - Manager/Sr Manager - Risk Validation Analyst     in Bank of America in  Delhi NCR Hyderabad for (8-11) years of experience. Apply Now!

Job Description for BA Continuum - Manager/Sr Manager - Risk Validation Analyst     in Bank of America in  Delhi NCR Hyderabad for (8-11) years of experience. Apply Now!