Senior Finance Analyst - Capital Management

Bank of America • New York, NY

2d • 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 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 capital reporting and analytics, including calculating risk-weighted assets, measuring and monitoring Global Systematically Important Bank (G-SIB) scores, developing reports for Lines of Business (LOB) stakeholders, and implementing new models. Key responsibilities may also include developing LOB capital forecasts and producing peer analytics and impact assessments for new transactions, products and proposed rule changes.

Requirements

• Advanced Excel, modeling, data manipulation
• Detail oriented and strategic thinker
• Ability to handle multiple deliverables at once while still adhering to deadlines
• Ability to summarize complex problems in clear, easy to explain language
• Ability to lead peers but also work autonomously
• Comfort working with complex Financial Products, strong analytical abilities and problem-solving skills

Nice To Haves

• Analyzing and working on queries using SQL to create financial estimates, tables, views, fine tuning, and procedures
• Performing quantitative analysis, simplify and explain impacts of updates/ changes in complex technical calculations.

Responsibilities

• Analyzes business balance sheet and risk-weighted assets identifying optimization opportunities
• Ensures process, documentation, and procedures align with rule conformance of Basel capital requirements
• Consolidates and delivers monthly Basel III capital results, explaining key drivers of variances
• Provides transactional support for live transactions
• Assists and educates business partners about capital, regulatory requirements, providing recommendations on how to operate in a capital efficient manner
• Facilitates capital forecasting for strategic planning and capital planning purposes, including stress testing
• Monitors portfolios to anticipate capital needs and financial resource use

Benefits

• Discretionary incentive eligible
• This role is eligible to participate in the annual discretionary plan.
• Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
• This role is currently benefits eligible.
• We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
• Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed