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CFO - Global Liquidity Management Senior Analyst

Hispanic Technology Executive Council
paid time off
United States, North Carolina, Charlotte
Nov 22, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Were devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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

Skills and Qualifications:

  • 5+ years of industry experience working with financial products ( including 2+ years of industry experience working in Liquidity)
  • Active experience liaising with business managers within a large Bank
  • 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
  • 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

Desired Skills and Qualifications:

  • Bachelors degree in Business preferred
  • Prime Brokerage, derivatives or secured funding (either regulatory, reporting or business) knowledge
  • Liquidity modelling experience
  • Knowledge of regulatory liquidity metrics (ILST, LCR, NSFR)

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$95,000.00 - $135,000.00 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, access to paid time off, 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.
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