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Capital Management - Sr Financial AnalystNew York, New York;Charlotte, North CarolinaJob Description:This role resides in the Enterprise & Legal Entity Capital Management group within Corporate Treasury. The group is responsible for the planning and forecasting of capital across different macro-economic and idiosyncratic scenarios varying in severity across the capital-planning continuum, ranging from business as usual to stress environments, including: CCAR/DFAST and Recovery and Resolution. Key business partners include: Balance Sheet Management, Corporate Planning, Global Funding, Global Liquidity Management, Enterprise Stress Testing, and Corporate Strategy.The candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:
Support the capital planning process across multiple legal entities by preparing capital forecasts for the purposes of capital adequacy assessments, recovery planning, resolution planning, etc.
Support weekly integrated financial outlook production process for the Parent Company
Support the assessment of the capital position of BAC and certain of its subsidiaries for the purposes of the Company's Resolution Plan
Support enhancement of the capital management process, including better connectivity across business areas and legal entities
Develop business partnering skills and cross-functional knowledge through interactions with other capital management teams as well as Risk teams, Balance Sheet Management, Corporate Strategy; Global Liquidity Management, Global Stress Testing and Global Recovery & Resolution Planning
Gain knowledge on various capital reporting regimes and their implications for the Company
Required Skills & Experience
BS/BA Finance/Accounting
5+ years experience in Corporate Finance
Highly motivated and enjoys taking initiative
Embraces challenges and change
Deep understanding of financial market dynamics, interest rates, accounting, and financial products
Strong financial analysis skills
Proficient in MS Office tools - Advanced Excel required
Excellent communication and business partnering skills
Ability to work well on a team
Desired Skills & Experience
Familiarity with financial services regulatory environment and capital planning supervisory expectations
Experience in Regulatory Capital, RWA, Stress Testing and related (FRTB, CCAR, Basel III, Basel III reforms, referred to as Basel IV) in a large systemically important bank or management consulting firm
CFA and/or CPA
Job Band:H5Shift:1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0Job Description:This role resides in the Enterprise & Legal Entity Capital Management group within Corporate Treasury. The group is responsible for the planning and forecasting of capital across different macro-economic and idiosyncratic scenarios varying in severity across the capital-planning continuum, ranging from business as usual to stress environments, including: CCAR/DFAST and Recovery and Resolution. Key business partners include: Balance Sheet Management, Corporate Planning, Global Funding, Global Liquidity Management, Enterprise Stress Testing, and Corporate Strategy.The candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:
Support the capital planning process across multiple legal entities by preparing capital forecasts for the purposes of capital adequacy assessments, recovery planning, resolution planning, etc.
Support weekly integrated financial outlook production process for the Parent Company
Support the assessment of the capital position of BAC and certain of its subsidiaries for the purposes of the Company's Resolution Plan
Support enhancement of the capital management process, including better connectivity across business areas and legal entities
Develop business partnering skills and cross-functional knowledge through interactions with other capital management teams as well as Risk teams, Balance Sheet Management, Corporate Strategy; Global Liquidity Management, Global Stress Testing and Global Recovery & Resolution Planning
Gain knowledge on various capital reporting regimes and their implications for the Company
Required Skills & Experience
BS/BA Finance/Accounting
5+ years experience in Corporate Finance
Highly motivated and enjoys taking initiative
Embraces challenges and change
Deep understanding of financial market dynamics, interest rates, accounting, and financial products
Strong financial analysis skills
Proficient in MS Office tools - Advanced Excel required
Excellent communication and business partnering skills
Ability to work well on a team
Desired Skills & Experience
Familiarity with financial services regulatory environment and capital planning supervisory expectations
Experience in Regulatory Capital, RWA, Stress Testing and related (FRTB, CCAR, Basel III, Basel III reforms, referred to as Basel IV) in a large systemically important bank or management consulting firm
CFA and/or CPA
Shift:1st shift (United States of America)Hours Per Week:40Learn more about this roleFull timeJR-23009797Band: H5Manages People: NoTravel: NoManager:Talent Acquisition Contact:Mona TaylorReferral Bonus:0New York City pay and benefits informationNew York City pay range:$76,700 - $140,000
annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible . We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .
Vacancy expired!