Senior Finance Analyst - Asset Liability Management

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 daily forecasting and analyzing of the bank's balance sheets, Net Interest Income (NII), Funds Transfer Pricing (FTP) and interest rate risk sensitivity. Key responsibilities include partnering with Line of Business (LOB) leaders and teammates across Corporate Treasury, Risk, and the Chief Financial Office (CFO) to deliver a dynamic, accurate, and disciplined forecast by product, LOB, and legal entity under baseline and/or stress scenarios.

Responsibilities:

• Delivers forecast analysis and reporting with accuracy, presenting results to senior management
• Applies subject matter expertise of the key drivers of the Line of Business, Product balance sheet and Net Interest Income (NII) forecasts, Funds Transfer Pricing (FTP), and FDIC expenses, challenging the forecast and highlighting potential risks
• Identifies opportunities to enhance or simplify processes, improving analytical capabilities for stakeholders
• Delivers forecasting, securitization, deposit pricing, and annual report disclosures with a high level of autonomy

Team Specific Responsibilities:

• Responsible for all facets of the Trading Book FTP process (incl., Daily LOB support and month end close activities)
• Assisting front line Trading units in pricing new transactions & Products to ensure they have accurate information prior to entering a transaction
• Focus on operational efficiencies across all facets of the Banking Book FTP process
• Run ad-hoc analyses on an as needed basis
• Perform month-end activities to appropriately close the books each month

Required Qualifications:

• 2+ years of Banking Industry Balance Sheet knowledge
• Detail-oriented with strong problem-solving skills
• Proficiency with Microsoft Office (Excel, Word, PowerPoint) is required. Familiarity with Essbase, SQL queries a plus.
• Excellent communication skills – both written and verbal
• Excellent stakeholder relationship management abilities to establish and maintain collaborative partnerships across the organization
• Ability to work in a fast-paced environment with rapidly changing needs.

Desired Qualifications:

• Excellent stakeholder relationship management abilities to establish and maintain collaborative partnerships across the organization
• Ability to work in a fast-paced environment with rapidly changing needs.

Skills:

• Analytical Thinking
• Data and Trend Analysis
• Financial Analysis
• Financial Forecasting and Modeling
• Reporting
• Adaptability
• Attention to Detail
• Regulatory Compliance
• Risk Analytics
• Scenario Planning and Analysis
• Benchmarking
• Business Acumen
• Business Analytics
• Financial Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40