Senior Finance Analyst - Global Liquidity Management
Charlotte, North Carolina
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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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description :
Global Liquidity Management is part of the Corporate Treasury organization and responsible for measuring, monitoring, and analyzing the enterprise's liquidity utilization in order to ensure Bank of America and its subsidiaries can meet all contractual and contingent financial obligations through typical market cycles, as well as, periods of stress. The senior analyst will be a member of the Traded Products Liquidity Management team. Their primary focus with be providing product subject matter expertise for a global markets product (secured funding, derivatives or prime brokerage).
Responsibilities :
The senior analyst will support the Traded Products team covering US Broker Dealers, responsible for:
Monitor and analyze US Broker Dealers' liquidity and funding requirements, on both day to day and strategic basis
Forecast ILST and LCR outflows for the US Broker Dealers, on both day to day and strategic basis
Enhance and develop liquidity stress model assumptions for ILST and LCR forecasting process
Engage with Global Markets line of business to understand how daily business flows will impact liquidity metrics across entities. Strategize with business partners for opportunities to increase efficiency in managing these impacts and develop or validate liquidity stress assumptions
Monitor and trend liquidity risks relating to business activities, understand correlation between business drivers and liquidity usage and build out enhanced granularity on executive reporting for global markets usage.
Analyze new business initiatives and products to assess their liquidity and funding risks
Enhance processes to streamline reporting and build out additional analytic capabilities, with lean towards emerging technology (Alteryx, Tableau etc.)
Provide input into monthly presentations for Risk Committees, Board of Directors, Enterprise and Local Regulators
Support other ad hoc projects within Liquidity Management
Required Qualifications:
3+ years of industry experience working with financial products
Energetic and self-motivated. Candidate should have a strong intellectual curiosity
Strong quantitative background including excel modelling
Excellent communication skills - both written and verbal
Ability to drive project goals across functions with minimal oversight
Analytical Thinking
Financial Forecasting and Modeling
Attention to Detail
Desired Qualifications:
Prime Brokerage, derivatives or secured funding (either regulatory, reporting or business)
Working knowledge of regulatory liquidity framework
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
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, 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.
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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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
