Sr Operations Manager

Job Description:

About us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

• Define the methodology for IPV and associated Liquidity/Model/Deal Specific Valuation Adjustments (VA).
• Create the standard process to execute the methodology in line with compliance requirements. Implementation should be largely in python-based infrastructure.
• Perform reviews and approval of all market data constructions, functions and models used in production to value transactions.
• Review and Challenge the IPV processes conducted by Business Finance and Control (BFC).
• Review of material, new deals and changes to models and market data configurations.
• Assist with implementation of strategic projects, such as key risk management and system enhancements.
• Working closely with Traders, Market Risk Management, Model Risk Management, FO Quants, BFC, senior managers on new product, model development, model sign-off etc.
• Define Fair Value Hierarchy categorization and justification and create the framework of a given product, risk, or portfolio as appropriate.
• Define Liquidity (covered/non-covered) and create the framework of a given product, risk, or portfolio as appropriate
• Lead the team from the front.

• 12-15 years of Banking and Financial Services experience with extensive knowledge of working in a Global Markets environment.
• Strong quantitative modeling skills and programming skills in Python.
• Line experience coupled with a demonstrated ability to lead technology-based change.
• Proven experience of providing thought leadership to overcome challenges and lead without direct authority.
• Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues.
• Has the gravity to interact at all levels of management to support resolution of complex business issues.
• Demonstrated ability to work in a global matrix organization and significantly multi-geography, multi-cultural offshore service delivery environment.
• A convincing executive presence which conveys composure and confidence in all situations, the credibility and stature to carry stakeholders through influence rather than via the hierarchy.
• Individual should have the resilience to handle internal pressures and conflicts in dealing with multiple stakeholders.

• Must be proactive and be a highly motivated self-starter
• Demonstrated ability to work in a high-pressure environment
• Takes initiative and challenges existing processes and procedures in a proactive manner
• Strong leadership skills with ability to face-off with Senior global stakeholders and auditors
• Ability to analyze issues independently and drive solutions
• Analytical skills