Senior Finance Analyst Capital Management and Treasury Recovery and Resolution Planning

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 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 Treasury Recovery and Resolution Planning (RRP) and will provide the opportunity to work across Treasury to deliver Recovery and Resolution Plans build acumen across capital liquidity funding and balance sheet disciplines and gain exposure to Treasury leadership.

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 Treasury to deliver high-priority regulatory deliverables including Financial Contingency and Recovery Plans and Resolution Plans
• Manages quarterly Capital and Liquidity Positioning Framework working across ECM and GLM to confirm positioning at each material entity reviewing with ECM Executive
• Participates in design and execution of RRP simulations working across Treasury gaining exposure to TSLT members and their peers across the enterprise

Required Qualifications:

• 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

Desired Qualifications:

• Bachelors degree in Finance Accounting Business or related field
• Familiarity with financial services regulatory environment and capital planning recovery planning and resolution planning supervisory expectations
• 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

Skills:

• Analytical Thinking
• Data and Trend Analysis
• Financial Forecasting and Modeling
• Reporting
• Scenario Planning and Analysis
• Adaptability
• Attention to Detail
• Policies Procedures and Guidelines
• Regulatory Compliance
• Risk Management
• Benchmarking
• Business Acumen
• Critical Thinking
• Financial Management
• Interpret Relevant Laws Rules and Regulations
• Coordination across multiple stakeholders to deliver enterprise-wide deliverables

Shift:

Hours Per Week: