Senior Finance Analyst - Asset Liability Management

Bank of America•Charlotte, NC

7h•Onsite

About The Position

At Bank of America, this role supports the company’s Responsible Growth purpose and its in-office culture, which emphasizes collaboration, engagement, and career development, with flexibility based on role responsibilities and business needs. The Senior Finance Analyst is responsible for daily forecasting and analysis of the bank’s balance sheets, Net Interest Income (NII), Funds Transfer Pricing (FTP), and interest-rate risk sensitivity. The role partners with Line of Business (LOB) leaders and teammates across Corporate Treasury, Risk, and the Chief Financial Office (CFO) to produce accurate, disciplined forecasts by product, LOB, and legal entity under baseline and/or stress scenarios. The position has responsibility for all facets of the Trading Book FTP process, including daily LOB support and month-end close activities. It also supports front-line Trading units with pricing new transactions and products, helps improve operational efficiency across the Banking Book FTP process, performs ad hoc analyses, and completes month-end activities to close the books.

Requirements

At least 2 years of banking-industry balance-sheet knowledge.
Detail-oriented, with strong problem-solving skills.
Proficiency with Microsoft Office, including Excel, Word, and PowerPoint.
Excellent written and verbal communication skills.
Strong stakeholder relationship-management abilities to establish and maintain collaborative partnerships across the organization.
Ability to work in a fast-paced environment with rapidly changing needs.

Nice To Haves

Familiarity with Essbase.
Familiarity with SQL queries.
Analytical thinking, data and trend analysis, financial analysis, financial forecasting and modeling, reporting, adaptability, attention to detail, regulatory compliance, risk analytics, scenario planning and analysis, benchmarking, business acumen, business analytics, and financial management.

Responsibilities

Deliver accurate forecast analysis and reporting, and present results to senior management.
Apply subject matter expertise to key drivers of LOB and product balance-sheet and NII forecasts, FTP, and FDIC expenses; challenge forecasts and highlight potential risks.
Identify opportunities to enhance or simplify processes and improve analytical capabilities for stakeholders.
Deliver forecasting, securitization, deposit pricing, and annual report disclosures with a high level of autonomy.
Manage all facets of the Trading Book FTP process, including daily LOB support and month-end close activities.
Assist front-line Trading units with pricing new transactions and products to ensure they have accurate information before entering a transaction.
Focus on operational efficiencies across the Banking Book FTP process.
Run ad hoc analyses as needed.
Perform month-end activities to appropriately close the books each month.