Senior Finance Analyst - Global Liquidity Management (CFO/Corporate Treasury)
Job Description:
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!
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.
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
- Coordinate and forecast stressed liquidity metrics as they relate to baseline, CCAR and Recovery and Resolution Planning
- Forecast liquidity position in baseline as well as stress scenarios
- Work with Risk partners to determine and calibrate appropriate risk triggers for liquidity metrics
- Maintain up to date governance steps and knowledge from Regulatory bodies as they relate to key liquidity metrics
Required Qualifications:
- 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
Desired Qualifications:
- 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
Skills:
- 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
Shift:
1st shift (United States of America)Hours Per Week:
40