Finance Manager - Capital Management

Bank of America • New York, NY

130d • $131,000 - $213,200

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for contributing to the efficient and effective management of the bank's capital to maintain capital adequacy needed for supporting responsible growth and return to shareholders. Key responsibilities include partnering with Lines of Business (LOBs), Global Technology, Chief Finance Officer, Group Data Management, Treasury Policy and Advocacy, Global Risk Analytics (GRA), Centralized Regulatory Reporting (CRR), and Investor Relations. Job expectations include applying expertise in capital regulations, reporting, and analysis to support the bank's capital initiatives.

Requirements

• 5+ years of experience with financial markets products or quantitative methods applied to finance and banking or similar type role
• Bachelor’s or advanced degree in finance, engineering, computer science, mathematics, or statistics – or related work experience
• Knowledge of SQL
• Strong data analysis skills
• Quick learner and detail oriented
• Ability to multi-task and prioritize
• Strong Excel and PowerPoint skills

Nice To Haves

• Proficiency in SQL
• Familiar with capital requirements under Basel 3 or FRTB
• Knowledge of derivative products and risk management
• Experience working with large databases, and identifying and correcting data problems

Responsibilities

• Produces and monitors market risk risk-weighted assets (RWA) metrics and reports
• Investigates and explains period over period capital movements
• Builds relationships with partners and ensures appropriate level of capital knowledge
• Fosters relationships with partners in capital management, business and finance to resolve capital questions
• Directs calculation, reporting and/or analysis activities to support the Bank's Capital Initiatives
• Analyzes regulatory capital results
• Works with technology team to implement solutions and perform testing

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support to employees
• Discretionary incentive eligible
• Annual discretionary award based on performance

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree