Senior Finance Analyst - Capital Management

Bank of America•Charlotte, NC

3d•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 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. The Capital Forecasting and Analysis Team is responsible for leading integrated capital management strategy, which includes Enterprise-level capital planning and optimization. This team is responsible for the Capital Plan under CCAR, for the capital components of the Recovery and Resolution plans, and top of house capital strategy. The team is responsible for compiling the capital forecast and assessing capital adequacy relative to targets and requirements.

Requirements

2-4 years’ experience in the financial industry
Strong communication and business partnering skills
Attention to detail
Highly motivated and enjoys taking initiative
Embraces challenges and change
Advanced proficiency in MS office tools such as Excel and PowerPoint
Ability to work well in a team environment

Nice To Haves

Familiarity with Basel III rules/regulations
Knowledge/understanding of CCAR requirements and processes
Basic Excel VBA skills with specific application to process automation

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
Support capital planning and integrated financial outlook processes, including preparation of regulatory capital ratio forecasts for capital adequacy, recovery, and resolution planning
Contribute to enhancements of capital management processes by improving connectivity across business areas and legal entities.
Build cross‑functional expertise through partnership with capital management, Risk, Balance Sheet Management, Corporate Strategy, Liquidity, Stress Testing, and Recovery & Resolution teams, while developing knowledge of regulatory capital calculation and reporting frameworks.