Posted:
12/17/2024, 11:01:23 AM
Location(s):
Atlanta, Georgia, United States ⋅ Georgia, United States ⋅ Charlotte, North Carolina, United States ⋅ North Carolina, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
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 a diverse and 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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Oversee daily trend analysis on the balance sheet. Manage projects for executive management including, but not limited to forecasting, securitization, deposit pricing, and annual report disclosures. Works with a high level of autonomy and assists with training of junior staff.
Balance Sheet Management (BSM) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and Net Interest Income (NII). Another critical BSM function is the measurement and analysis of Interest Rate Risk (IRR) using various methods. This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates. BSM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. Coordination with Global Risk, Model Risk, Investment Securities Portfolio Managers, and other Treasury teams facilitates strategic ALM decisions within a controlled framework.
The Forecast Integration Treasury Analytics and Forecasting team partners with Treasury and non-Treasury functions to support dynamic forecasting approach with particular focus on legal entity, capital, and liquidity results; also works with ALM TAF and Funding TAF to ensure tight integration across portfolios given complementary mandates.
This role primarily focuses on forecasting, management reporting, and analysis.
What you can expect:
This is a role that will have end-to-end ownership of the other assets/other liabilities and intercompany forecast. The Analyst will work closely with business partners across balance sheet management and the broader treasury function. You will have the opportunity to deepen technical skills as we work to enhance our analytical capabilities through the use of a variety of tools. This is a Senior Analyst role where you will have the ability to lead projects and drive change within the organization.
The Analyst will deliver Operational Excellence via actions that promote simplicity, continuous improvement and innovation, e.g. generating ideas to improve work and data ownership, developing new tools to simplify and improve our analytical capabilities. Seek opportunities to reduce operational risk and by becoming more efficient.
Skills:
Desired Skills:
Shift:
1st shift (United States of America)Hours Per Week:
40Website: https://bankofamerica.com/
Headquarter Location: Charlotte, North Carolina, United States
Employee Count: 10001+
Year Founded: 2007
Last Funding Type: Seed
Industries: Asset Management ⋅ Banking ⋅ Finance ⋅ Financial Services ⋅ FinTech