Senior Finance Analyst - Global Liquidity Management

Bank of America•Charlotte, NC

32d•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! Job Description: This job is responsible for influencing and driving optimal bank-wide liquidity strategies by Lines of Business (LOBs) and legal entity in business as usual (BAU) and stress scenarios. Key responsibilities include overseeing and influencing liquidity utilization across the organization and providing input into process and control designs, operational risk mitigation, issue management, automation, and other initiatives across the bank. This role will be a member of the Strategic Liquidity Management Team, primarily focused on Top-of-House liquidity metrics and analysis.

Requirements

Analytical Thinking
Financial Forecasting and Modeling
Liquidity Management
Regulatory Compliance
Reporting
Attention to Detail
Benchmarking
Data and Trend Analysis
Financial Analysis
Scenario Planning and Analysis
Business Acumen
Financial Management
Monitoring, Surveillance, and Testing
Policies, Procedures, and Guidelines
Risk Management
Minimum of 3-5 years industry experience working within a Treasury organization and/or with relevant financial products
Experience working with large data sets and data analytics experience
Energetic and self-motivated. Candidate should have a strong intellectual curiosity
High attention to detail
Financial analysis experience

Nice To Haves

Experience in liquidity, capital, or balance sheet analysis
Understanding of Bank regulations, including Basel, FDIC, FRB and OCC liquidity requirements
Business partnering experience across variety of groups
Experience with automation tools

Responsibilities

Measures, analyzes, monitors, and reports on the bank's spot and forecasted liquidity position, provides guidance to business units to improve liquidity position, and supports regulatory and management liquidity reporting
Oversees processes, risks, and controls and tracks and monitors issues to ensure adherence with policies, risk standards, and compliance with internal and regulatory liquidity reporting requirements
Partners with other Lines of Business (LOBs) to determine limits, guidelines, and direction, ensuring alignment with overall business objectives and the bank's risk framework
Monitors liquidity risk trends relating to business activities and correlations between business drivers and liquidity usage and builds out enhanced liquidity reporting
Reviews liquidity regulations and ensures documentation required for compliance is up to date with regulatory requirements
Streamlines reporting processes and builds out analytic capabilities using emerging technology (e.g., Alteryx, Tableau, etc.)
Provides input into monthly and quarterly reporting, disclosures, and presentations for Risk Committees, Board of Directors, and enterprise and local regulators
Engage with Global Funding, Line of Business and other stakeholders to understand and anticipate changes to BAC and BANA liquidity metrics, contingent funds transfer pricing and support metric optimization analysis
Perform annual calibration analysis of key liquidity risk appetite and non-risk appetite metrics, collaborating closely with Global Funding and Enterprise Financial Risk
Support other ad hoc projects within Strategic Liquidity Management