Bank of America
CFO - Senior Analyst - Asset Liability Management Treasury Analytics and Forecas
Bank of America, Charlotte, North Carolina, United States, 28245
CFO - Senior Analyst - Asset Liability Management Treasury Analytics and Forecasting
Atlanta, Georgia;Charlotte, North Carolina
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
Oversee daily trend analysis on the balance sheet. Manage projects for executive management including, but not limited to forecasting, securitization, deposit pricing, and annual report disclosures. Works with a high level of autonomy and assists with training of junior staff.
Balance Sheet Management (BSM) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and Net Interest Income (NII). Another critical BSM function is the measurement and analysis of Interest Rate Risk (IRR) using various methods. This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates. BSM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. Coordination with Global Risk, Model Risk, Investment Securities Portfolio Managers, and other Treasury teams facilitates strategic ALM decisions within a controlled framework.
The Forecast Integration Treasury Analytics and Forecasting team partners with Treasury and non-Treasury functions to support dynamic forecasting approach with particular focus on legal entity, capital, and liquidity results; also works with ALM TAF and Funding TAF to ensure tight integration across portfolios given complementary mandates.
This role primarily focuses on forecasting, management reporting, and analysis.
What you can expect:
This is a role that will have end-to-end ownership of the other assets/other liabilities and intercompany forecast. The Analyst will work closely with business partners across balance sheet management and the broader treasury function. You will have the opportunity to deepen technical skills as we work to enhance our analytical capabilities through the use of a variety of tools. This is a Senior Analyst role where you will have the ability to lead projects and drive change within the organization.
The Analyst will deliver Operational Excellence via actions that promote simplicity, continuous improvement and innovation, e.g. generating ideas to improve work and data ownership, developing new tools to simplify and improve our analytical capabilities. Seek opportunities to reduce operational risk and by becoming more efficient.
Skills & Qualifications:
Minimum 2 years of experience in data analytics with emphasis on net interest income, cash flows, or risk analytics
Finance/Accounting knowledge - experience in balance sheet management, forecasting, or other Corporate Treasury functions
Ability to manage multiple priorities in a time sensitive environment
Ability to work across multiple teams in a collaborative environment
Proficient in MS Office tools, especially Microsoft Excel & SQL skills
Inquisitive, willing to challenge the status quo and strive to improve processes
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
Desired Skills & Qualifications:
Bachelor's degree in Finance, Business, Accounting, Quantitative, Economics
Experience analyzing fixed income securities, interest rate derivatives
Technical Business Analyst skills (SQL, VBA, Tableau, Alteryx, Python a plus)
CFA or pursuing CFA a plus
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Atlanta, Georgia;Charlotte, North Carolina
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
Oversee daily trend analysis on the balance sheet. Manage projects for executive management including, but not limited to forecasting, securitization, deposit pricing, and annual report disclosures. Works with a high level of autonomy and assists with training of junior staff.
Balance Sheet Management (BSM) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and Net Interest Income (NII). Another critical BSM function is the measurement and analysis of Interest Rate Risk (IRR) using various methods. This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates. BSM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. Coordination with Global Risk, Model Risk, Investment Securities Portfolio Managers, and other Treasury teams facilitates strategic ALM decisions within a controlled framework.
The Forecast Integration Treasury Analytics and Forecasting team partners with Treasury and non-Treasury functions to support dynamic forecasting approach with particular focus on legal entity, capital, and liquidity results; also works with ALM TAF and Funding TAF to ensure tight integration across portfolios given complementary mandates.
This role primarily focuses on forecasting, management reporting, and analysis.
What you can expect:
This is a role that will have end-to-end ownership of the other assets/other liabilities and intercompany forecast. The Analyst will work closely with business partners across balance sheet management and the broader treasury function. You will have the opportunity to deepen technical skills as we work to enhance our analytical capabilities through the use of a variety of tools. This is a Senior Analyst role where you will have the ability to lead projects and drive change within the organization.
The Analyst will deliver Operational Excellence via actions that promote simplicity, continuous improvement and innovation, e.g. generating ideas to improve work and data ownership, developing new tools to simplify and improve our analytical capabilities. Seek opportunities to reduce operational risk and by becoming more efficient.
Skills & Qualifications:
Minimum 2 years of experience in data analytics with emphasis on net interest income, cash flows, or risk analytics
Finance/Accounting knowledge - experience in balance sheet management, forecasting, or other Corporate Treasury functions
Ability to manage multiple priorities in a time sensitive environment
Ability to work across multiple teams in a collaborative environment
Proficient in MS Office tools, especially Microsoft Excel & SQL skills
Inquisitive, willing to challenge the status quo and strive to improve processes
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
Desired Skills & Qualifications:
Bachelor's degree in Finance, Business, Accounting, Quantitative, Economics
Experience analyzing fixed income securities, interest rate derivatives
Technical Business Analyst skills (SQL, VBA, Tableau, Alteryx, Python a plus)
CFA or pursuing CFA a plus
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.