Senior Finance Analyst - Asset Liability Management

Bank of America•Charlotte, NC

18h•Onsite

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 daily forecasting and analyzing of the bank's balance sheets, Net Interest Income (NII), Funds Transfer Pricing (FTP) and interest rate risk sensitivity. Key responsibilities include partnering with Line of Business (LOB) leaders and teammates across Corporate Treasury, Risk, and the Chief Financial Office (CFO) to deliver a dynamic, accurate, and disciplined forecast by product, LOB, and legal entity under baseline and/or stress scenarios. Role Specific Description: Funds Transfer Pricing (FTP) team is seeking a highly motivated, talented, and collaborative professional to join the group. The team is part of a broader Balance Sheet Management and Treasury Finance (BSMTF) team that resides within the overall Corporate Treasury organization. The FTP team develops and manages the end-to-end FTP Framework to develop the FTP methodologies, performs FTP processing, and produce related FTP reporting and analytics. The successful candidate must demonstrate the ability to review and understand business balance sheet and work with internal Treasury teams and the Banking Book LOBs to create and calculate, analyze the Banking Book FTP.

Requirements

2+ years of Banking Industry Balance Sheet knowledge
Detail-oriented with strong problem-solving skills
Proficiency with Microsoft Office (Excel, Word, PowerPoint) is required.
Excellent stakeholder relationship management abilities to establish and maintain collaborative partnerships across the organization
Ability to work in a fast-paced environment with rapidly changing needs.

Nice To Haves

Familiarity with Essbase, SQL queries a plus.

Responsibilities

Delivers forecast analysis and reporting with accuracy, presenting results to senior management
Applies subject matter expertise of the key drivers of the Line of Business, Product balance sheet and Net Interest Income (NII) forecasts, Funds Transfer Pricing (FTP), and FDIC expenses, challenging the forecast and highlighting potential risks
Identifies opportunities to enhance or simplify processes, improving analytical capabilities for stakeholders
Delivers forecasting, securitization, deposit pricing, and annual report disclosures with a high level of autonomy
Responsible for all facets of the Banking Book FTP process (incl., Daily LOB support and month end close activities)
Assisting front line Banking units in pricing new deals to ensure they have accurate information prior to entering into a transaction
Focus on operational efficiencies across all facets of the Banking Book FTP process
Run ad-hoc analyses on an as needed basis
Perform month-end activities to appropriately close the books each month