Senior Finance Analyst - Asset Liability Management

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:

This job is responsible for daily forecasting and analyzing of the bank's balance sheets, Net Interest Income (NII), Funds Transfer Pricing (FTP) and interest rate risk sensitivity. Key responsibilities include partnering with Line of Business (LOB) leaders and teammates across Corporate Treasury, Risk, and the Chief Financial Office (CFO) to deliver a dynamic, accurate, and disciplined forecast by product, LOB, and legal entity under baseline and/or stress scenarios.

Position Summary:

Analyst on the Funds Transfer Pricing team, with the primary focus on enhancing the Funds Transfer Pricing control environment.  The FTP analyst will work with the FTP Governance & Controls lead to review the FTP controls environment across all products and processes to ensure the FTP framework is correctly allocating NII to the LOBs. The analyst will help build a best-in-class control environment that encapsulates the entire framework from inbound data controls through issues reporting.   The analyst will need to report on progress and details of the current environment to the FTP executive.

Responsibilities:

• Delivers forecast analysis and reporting with accuracy, presenting results to senior management
• Applies subject matter expertise of the key drivers of the Line of Business, Product balance sheet and Net Interest Income (NII) forecasts, Funds Transfer Pricing (FTP), and FDIC expenses, challenging the forecast and highlighting potential risks
• Identifies opportunities to enhance or simplify processes, improving analytical capabilities for stakeholders
• Delivers forecasting, securitization, deposit pricing, and annual report disclosures with a high level of autonomy
• Create and produce FTP control reporting
• Assist in creating an appropriate monitoring routine for FTP Controls
• Assist in the Process Owner Portal signoffs and enterprise deliverables

Required Qualifications:

• Minimum 1 year related experience in Data analytics and reporting
• Advanced Excel, modeling, data manipulation
• SAP/eLedger experience
• Detail oriented and strategic thinker
• Ability to handle multiple deliverables at once while still adhering to deadlines
• Ability to summarize complex problems in clear, easy to explain language
• Ability to lead peers but also work autonomously

Desired Qualifications:

• 2 years related experience preferred
• Experience with Tableau and Alteryx, interest in AI solutions
• Data management and issues resolution experience

Skills:

• Analytical Thinking
• Data and Trend Analysis
• Financial Analysis
• Financial Forecasting and Modeling
• Reporting
• Adaptability
• Attention to Detail
• Regulatory Compliance
• Risk Analytics
• Scenario Planning and Analysis
• Benchmarking
• Business Acumen
• Business Analytics
• Financial Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40