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 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

Responsible for forecasting and building analytics around resolution and recovery plans

Works across LOBs, Funding, Global Markets, etc. to coordinate different scenarios of liquidity events and simulate what the bank will do to get out of those liquidity events

Creates executive presentations to present results to the leadership team and explain what has changed since the last forecast

Opportunity to learn liquidity impacts and strategies on how to overcome extreme liquidity events

Interacts with various product teams across GLM, risk partners, stress testing partners, BSM, funding desk, etc.

Required Qualifications:

Minimum 2 years of financial and/or data analytics experience with a financial institution

OPEX mindset and the ability to redesign and improve current processes

Ability to analyze and manipulate large quantities of data with great attention to detail as well as understand the flow of data within database applications

Excellent time management skills, including the ability to meet deadlines, and manage multiple priorities without sacrificing quality or timelines

Strong analytical and presentation skills

Strong communication (written and oral)

Self-motivated, self-directed

Proficient with Microsoft tools (Excel, Word, PowerPoint)

Desired Qualifications:

Bachelor’s Degree in Finance, Accounting, Economics, Business or a related field

Experience developing, implementing, and maintaining reporting in a consistent manner

Solid understanding of Treasury / liquidity concepts and liquidity regulations

Experience in regulatory reporting

Experience at Bank of America (knowledge of the enterprise)

Ability to navigate complex data environments and manipulate large data sets

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

Shift:

Hours Per Week: