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:
Principal subject matter expert responsible for forecasting the firms balance sheet and net interest income and/or monitoring and reporting on the firms interest rate sensitivity. Leverage and oversee Senior Asset Liability Analysts to deliver a dynamic, accurate and disciplined forecast by product, LOB and Legal Entity under baseline and stress scenarios. Responsible for quality assurance and controls around pertinent external regulatory reporting and risk limits.
Funds Transfer Pricing (FTP) team is seeking a highly motivated, talented, and collaborative professional to join the group. The team is part of a broader Balance Sheet Management and Treasury Finance (BSMTF) team that resides within the overall Corporate Treasury organization. The FTP team develops and manages the end-to-end FTP Framework to develop the FTP methodologies, performs FTP processing, and produce related FTP reporting and analytics. The role requires balance sheet knowledge, problem solving, Data and Data controls knowledge, analytical, communication skills and project management experience. The successful candidate must demonstrate the ability to review and understand business balance sheet and work with multiple teams to determine implications on FTP.
Key Responsibilities:
Responsible for the creation and oversight of various controls across the FTP Framework to ensure accuracy and completenessResponsible for the documentation of the control frameworkEngage with the FTP teams on the execution of the FTP data projectsRun ad-hoc analyses on an as needed basisDetail-oriented with strong problem-solving skillsProficiency with Microsoft Office (Excel, Word, PowerPoint) is requiredRequired Skills:
Strong Banking Industry Balance Sheet knowledgeExcellent communication skills – both written and verbalExcellent stakeholder relationship management abilities to establish and maintain collaborative partnerships across the organizationPreferred Skills:
Project Management experience a plusPrevious experience working a Data mgmt. team or a Controls organization a plusFamiliarity with Essbase, SQL queries a plusAbility to work in a fast-paced environment with rapidly changing needs.Organized and able to work on multiples tasks with limited supervisionSkills:
Analytical ThinkingAttention to DetailData and Trend AnalysisFinancial AnalysisFinancial Forecasting and ModelingAdaptabilityRegulatory ComplianceReportingRisk AnalyticsScenario Planning and AnalysisBenchmarkingBusiness AcumenBusiness AnalyticsFinancial ManagementShift:
1st shift (United States of America)Hours Per Week:
40