Senior Finance Analyst - Capital Management
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. More specifically, this job is aligned to the Capital Adequacy, Governance, and Treasury RRP team, focused on governance activities across ECM. This role provides the opportunity to build acumen across capital, and gain exposure to ECM and Risk leadership, and regulatory deliverables.
Requirements
- Bachelor’s degree in Finance, Accounting, Business, or related field
- 2+ years’ experience in Corporate Finance
- High degree of technical proficiency in Microsoft Office – particularly PowerPoint (senior management presentation decks), Word (business writing) and Excel (metrics and data analysis)
- Excellent communication skills, both written and verbal, including ability to summarize complex business problems and detailed analysis with clarity and brevity
- Robust problem solving and analytical skills, with superior attention to detail
- Ability to work independently in a fast-paced environment while multitasking and meeting strict deadlines
- Highly motivated and enjoys taking initiative
- Embraces challenges and change
Nice To Haves
- Familiarity with financial services regulatory environment and capital planning
- Experience in Regulatory Capital, RWA, Stress Testing and related topics (e.g., CCAR/DFAST, Basel III, Basel III ERBA, RRP) in a large systemically important bank or management consulting firm
- Strong financial analysis skills
- Project management experience
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
- Coordinates across Capital, broader Treasury, Risk, and control partners, to deliver and ensure all governance activities are completed, including facilitation of the Capital Control Council (CCC) and Capital Measurement and Allocation Committee (CMAC)
- Understanding and facilitation of regulatory notification requirements and deliverables for model changes and capital Interpretations
- Subject matter expert in capital governance as well as committee governance across Treasury, Risk, and CFO
Benefits
- access to paid time off
- resources and support to our employees
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
