Finance Manager - Asset Liability Management

Bank of America•Charlotte, NC

2d•Onsite

About The Position

At Bank of America, the Finance Manager – Asset Liability Management role manages balance sheets to balance risk and stabilize returns. The role determines and executes stakeholder business requirements, leverages discretionary assets, liabilities, and modern balance sheet instruments, and provides analytics such as Net Interest Income (NII) and yields. It also promotes operational excellence, process improvement, and reduced operational risk. The team-specific focus is baseline and stress forecasting and analysis of the bank’s balance sheets, NII, and Treasury Non-Interest Income. The team lead oversees delivery of dynamic, accurate, and disciplined forecasts by product, line of business, and legal entity under baseline and/or stress scenarios, including Recovery and Resolution Planning. The role conducts detailed analysis, reports results, and communicates storylines to business partners and senior management. It may also prepare general ledger entries and perform ad hoc analyses to support strategic decision-making. The team lead helps drive AI adoption and automation where applicable and develops financial analysts. The role works with a broad range of stakeholders across BSM, Corporate Treasury, Risk, the CFO group, and other Enterprise groups. The manager is expected to foster inclusion, improve processes and data-driven decision-making, communicate enterprise priorities, maintain risk discipline and controls, coach and develop employees, manage expenses and budgets, build talent, and deliver business outcomes through effective prioritization and delegation.

Requirements

At least 5 years of related experience in financial reporting and analytics, forecasting, balance sheet, and net interest income.
Advanced Excel and data manipulation skills.
Detail-oriented and strategic thinker.
Ability to handle multiple deliverables while adhering to deadlines.
Ability to summarize complex problems in clear, easy-to-understand language.
Ability to lead peers and work autonomously.
Comfort working with complex financial products, with strong analytical and problem-solving skills.
Financial statements, balance sheet product, and Net Interest Income business acumen experience.

Nice To Haves

AI curiosity and prompting experience.
Knowledge of balance sheets and financial statements.
Experience leading and developing talent.
SAP/eLedger experience.

Responsibilities

Manage balance sheets to balance risk and stabilize returns.
Determine and execute stakeholder business requirements, leveraging discretionary assets, liabilities, and modern balance sheet instruments.
Provide analytics, including Net Interest Income (NII) and yields.
Oversee baseline and stress forecasts of balance sheets, NII, and Treasury Non-Interest Income by product, line of business, and legal entity, including Recovery and Resolution Planning.
Lead detailed analysis, reporting, and communication of forecast results and storylines to business partners and senior management.
Prepare general ledger entries and perform ad hoc analysis and requests to support strategic decision-making, as applicable.
Help drive AI adoption and automation where applicable.
Develop financial analysts and build talent within the organization.
Partner across BSM, Corporate Treasury, Risk, the CFO group, and other Enterprise groups to execute forecast results and communicate key reported items and storylines.
Promote operational excellence, process improvement, simplicity, and data-based decision-making.
Ensure risk discipline, controls, and culture are in place to identify, escalate, and debate issues.
Coach and provide feedback to employees, manage expenses and budgets, and prioritize and delegate team work effectively.
Model an inclusive environment for employees and clients and communicate enterprise decisions, purpose, results, and team contributions.