VP, GM Capital and Funding

Bank of America

3.2

(114)

New York, NY

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-25014392

    Position summary

    funding requirements of Bank of America both at the top of the house and at the legal entity level. This understanding has to span the existing regulatory framework such as Basel 3 RWA under both advanced and standardized approaches and the liquidity coverage ratio (LCR), as well as pending regulations (e.g. fundamental review of the trading book - FRTB).

    Responsibilities:

    • Advise senior management about the current state of the financial resource and/or capital and funding related regulatory environment

    • Responsibility for analyzing and presenting to management the allocation and drivers of capital, balance sheet and liquidity utilization

    • Drive firm wide initiatives to improve financial metric reporting and optimization

    • Developing and implementing financial resource management strategy to achieve revenue goals

    • Advise business on financial resource and/or regulatory impact of specific transactions

    • Review model logic to ensure assumptions reflect market dynamics

    • Providing peer analysis, market color and generating optimization ideas

    • Work with key stakeholders within Global Markets and partners (Finance, Treasury, Risk, Operations, Compliance) to deliver improved returns on financial resources

    • Drive platform development with quantitative and technology teams, deliver tools to end user that enable improved financial performance, including transaction reviews and assessments

    Skills:

    • Excellent analytical, quantitative and problem solving skills are required

    • Technical skills to digest large data sets and deliver a concise story

    • Previous experience with the firms risk and booking systems is preferential

    • Good critical reading skills in order to digest regulation and understand business impact

    • Attention to detail in reviewing calculator and model logic

    • Ability to speak with senior trading staff about complex topics

    • Demonstrate previous experience managing projects and governance routines

    • Anticipating the financial resource requirement of trading businesses

    • Preference for existing funding and liquidity management experience

    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.