Capital Management - Senior Financial Analyst

Bank of America

3.2

(114)

Charlotte, NC

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-24048171

    Position summary

    ort the Bank's Capital Initiatives. Must have a thorough understanding of Basel III. Can work independently. May provide supervision to a small staff. Supports achievement of business goals by working on more complex activities or projects within the unit and with partners.

    The Capital Management Finance Analyst is part of the Enterprise Capital Management (ECM) team and assists in the timely and accurate preparation of the company's regulatory capital results; research causes of unanticipated capital changes; end-to-end review, analysis, and implementation of new capital regulations; and ad-hoc analytical reporting to senior management and regulatory agencies. Success requires understanding of regulatory capital and accounting rules and the ability to formulate means by which answers may be derived from large sets of data.

    ECM is a global team of more than 100 professionals responsible for the efficient and prudent management of the Corporation's as well as its subsidiaries' capital across the enterprise globally. ECM implements the Board's capital management strategy including issuance, redemption or repurchase of common stock and other capital instruments. ECM works closely with lines of business and guides them to efficiently and proactively manage the enterprise's capital including design and implementation of capital allocation methodologies. ECM also recommends capital related financial resource limits to senior management. In addition, ECM produces and monitors regulatory capital metrics including capital adequacy ratios, leverage exposure and risk-weighted assets and oversees the end-to-end capital measurement process across the enterprise. Partnering with other control functions, ECM manages external disclosures related to capital management including 10Q, 10K, Pillar 3 disclosures and other regulatory filings‎. ECM interfaces with banking regulators globally on all capital related matters.

    You will focus on driving complex calculations and reporting of capital for Wholesale loans, including consideration of any new regulations.

    Required Qualifications:

    • Project management and issue resolution

    • SQL query writing (TOAD, Tableau)

    • Experienced in analyzing big datasets

    • Relationship Building (influencing)

    • Policy/procedure writing

    • Oral and written presentations

    • Attention to detail

    • Excel (VBA), PowerPoint

    Desired Qualifications:

    • Advanced degree in finance, engineering, computer science, math, or statistics - or related work experience

    • Minimum 2 years of experience with quantitative methods applied to finance and banking

    • Proficient in SQL and working with large databases, experience with data mining Report analysis, design and development

    • Strong written communication skills, including presenting technical information, writing procedures and controls

    • Experience in regulatory capital and capital reporting is a plus

    • Attention to detail coupled with ability to simplify the complex

    • Strategic thinker that can understand complex business challenges and potential solutions

    • Advanced knowledge of Excel and VBA is a plus

    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

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.