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:
This job is responsible for capital reporting and analytics, including calculating risk-weighted assets, measuring and monitoring Global Systematically Important Bank (G-SIB) scores, developing reports for Lines of Business (LOB) stakeholders, and implementing new models. Key responsibilities may also include developing LOB capital forecasts and producing peer analytics and impact assessments for new transactions, products and proposed rule changes.

Responsibilities:

Analyzes business balance sheet and risk-weighted assets identifying optimization opportunities

Ensures process, documentation, and procedures align with rule conformance of Basel capital requirements

Consolidates and delivers monthly Basel III capital results, explaining key drivers of variances

Provides transactional support for live transactions

Assists and educates business partners about capital, regulatory requirements, providing recommendations on how to operate in a capital efficient manner

Facilitates capital forecasting for strategic planning and capital planning purposes, including stress testing

Monitors portfolios to anticipate capital needs and financial resource use

Required Qualifications

Minimum of 5 years industry experience working with financial products

Advanced Excel, Modeling, Data Manipulation

In-depth understanding of GSIB Recovery and Resolution Planning Requirements

Regulatory Capital experience

Effectively work with other business partners

Demonstrates effective written communication skill, taking complex information and information and communicating succinctly

Demonstrates effective oral communication skill

Comfortable communicating across various levels of the organization 

Demonstrates the ability to be a self-starter, with a desire to challenge the status quo and go beyond what is asked

Attention to detail, comfortable functioning in a highly-dynamic, ever-changing environment, always meets or beats deadlines, manages multiple responsibilities simultaneously

Acts with courage and conviction, speaks and acts with confidence, appropriately shares his/her opinion stands up for what is right even in challenges and able to make difficult decisions

Desired Qualifications:

BS/BA in Finance, Accounting, Economic, or Quantitative fields

MS Access

Forecast/Planning experience

Project Management experience

Financial Statement Analysis experience

Comfortable working with complex Financial Products

Project Management

Skills:

Analytical Thinking

Data and Trend Analysis

Financial Forecasting and Modeling

Reporting

Scenario Planning and Analysis

Adaptability

Attention to Detail

Policies, Procedures, and Guidelines

Regulatory Compliance

Risk Management

Benchmarking

Business Acumen

Critical Thinking

Financial Management

Interpret Relevant Laws, Rules, and Regulations

Shift:

Hours Per Week: