Finance Manager - Asset Liability Management

Bank of America•Charlotte, NC

1d•Onsite

About The Position

At Bank of America, the Finance Manager – Asset Liability Management manages balance sheets to balance risk and stabilize returns. The role determines and executes stakeholder business requirements and leverages discretionary assets, liabilities, and modern balance sheet instruments. It supports operational excellence, process improvement, reduced operational risk, and analytics such as Net Interest Income (NII) and yields. The position leads a team responsible for baseline and stress forecasting and analysis of the bank’s balance sheets, NII, and Treasury Non-Interest Income. The team delivers 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 manager oversees detailed analysis and reporting, communicates storylines to business partners and senior management, and may prepare general ledger entries and conduct ad hoc analysis to support strategic decisions. The role also helps drive AI adoption and automation where applicable and develops financial analysts. It works with stakeholders across BSM, Corporate Treasury, Risk, the CFO group, and other Enterprise groups.

Requirements

At least 5 years of related experience in financial reporting and analytics, forecasting, balance sheets, and Net Interest Income.
Advanced Excel skills and data manipulation ability.
Detail-oriented and strategic thinker.
Ability to handle multiple deliverables while meeting 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.
Experience with financial statements, balance sheet products, and Net Interest Income business acumen.

Nice To Haves

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

Responsibilities

Model an inclusive environment for employees and clients, aligned with company Great Place to Work goals.
Demonstrate process knowledge, operational excellence, and innovation through simplicity, data-based decision-making, and continuous improvement.
Communicate enterprise decisions, purpose, and results, connecting them to team strategy, priorities, and contributions.
Ensure appropriate risk discipline, controls, and culture are in place to identify, escalate, and debate issues.
Provide inspection, coaching, and feedback to motivate employees and improve performance.
Manage expenses and budgets in alignment with objectives and make sound financial decisions.
Assess talent and build bench strength for roles across the organization.
Deliver business results by prioritizing, inspecting, and appropriately delegating team work.
Oversee baseline and stress forecasting and analysis of balance sheets, Net Interest Income, and Treasury Non-Interest Income.
Lead delivery of forecasts by product, line of business, and legal entity for baseline and/or stress scenarios, including Recovery and Resolution Planning.
Oversee detailed analysis and reporting, and communicate forecast storylines to business partners and senior management.
Prepare general ledger entries and conduct ad hoc analysis and requests as needed to support strategic decision-making.
Help drive AI adoption and automation where applicable, and develop financial analysts.
Partner with BSM, Corporate Treasury, Risk, the CFO group, and other Enterprise groups to execute forecast results and communicate key reported items and storylines.
Manage balance sheets to balance risk and stabilize returns; determine and execute stakeholder business requirements and leverage balance sheet instruments.
Recommend process improvements, reduce operational risks, and provide analytics such as NII and yields.