Senior Finance Analyst - Capital Management

Bank of America•Charlotte, NC

3d•Onsite

About The Position

At Bank of America, the Senior Finance Analyst – Capital Management is responsible for capital reporting and analytics. The work includes calculating risk-weighted assets, measuring and monitoring Global Systemically Important Bank (G-SIB) scores, developing reports for Lines of Business (LOB) stakeholders, and implementing new models. The role may also involve developing LOB capital forecasts and producing peer analytics and impact assessments for new transactions, products, and proposed rule changes. The analyst supports capital optimization, Basel capital reporting and compliance, live transactions, business partner education, strategic and capital planning, stress testing, and portfolio monitoring. The position is first shift and scheduled for 40 hours per week. Bank of America describes its workplace approach as committed to an in-office culture, with flexibility based on role-specific responsibilities and business needs.

Requirements

At least 2 years of financial analysis experience.
Bachelor’s degree in finance, engineering, computer science, math, or statistics.
High-level SQL and/or SAS and/or Python query-writing skills.
Advanced Excel skills, including mid-level VBA skills.
Skills in analytical thinking, data and trend analysis, financial forecasting and modeling, reporting, scenario planning and analysis, adaptability, attention to detail, policies and procedures, regulatory compliance, risk management, benchmarking, business acumen, critical thinking, financial management, and interpreting relevant laws, rules, and regulations.

Nice To Haves

At least 4 years of finance industry experience, preferably in Treasury.
Expert-level VBA knowledge and/or experience.
Master’s degree in computer or data science, math, or statistics.

Responsibilities

Analyze business balance sheets and risk-weighted assets to identify optimization opportunities.
Ensure processes, documentation, and procedures align with Basel capital requirements.
Consolidate and deliver monthly Basel III capital results, explaining key drivers of variances.
Provide transactional support for live transactions.
Assist and educate business partners about capital and regulatory requirements, and recommend ways to operate in a capital-efficient manner.
Facilitate capital forecasting for strategic planning and capital planning, including stress testing.
Monitor portfolios to anticipate capital needs and financial resource use.