Bank of America | CFO - Senior Asset Liability Analyst ...

CFO - Senior Asset Liability Analyst (Analytics and Forecasting) 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. BSM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. These partnerships focus on the following: (1) balance sheet composition and interest rate risk strategy, (2) strategic planning for the company's three-year outlook with Corporate Planning and Finance, (3) setting the right strategy to accurately measure the profitability of assets and liabilities to ensure efficient usage of the balance sheet, (4) stress testing the balance sheet under adverse economic scenarios with the Global Stress Testing team and, (5) producing the balance sheet and NII forecast in coordination with the Line of Business and Global Liquidity Management for the Global Resolution and Recovery Planning exercise. The BSM Integrated Forecasting and Reporting (IFAR) team works with the broader finance team to support LOB and finance partners through analytics and reporting to communicate the story of Treasury's financial results to stakeholders. This team is responsible for coordinating, consolidating, analyzing, and reporting baseline and stress test balance sheet forecast results which include average/ending balances, net interest income (NII), treasury non-interest income and yield by line of business, legal entity, and product. The analyst role within Balance Sheet Management IFAR team will primarily focus on providingreporting for our corporate baseline and stress forecasting results. This reporting gauges performance for senior management and corporate planning, and tracks market-driven items and ensures they align with expectations. The analyst will be responsible for explaining variances and communicating storylines to business partners and senior management. The analyst will also be responsible for helping drive OpEx saves where applicable. They work with Senior Asset Liability Associates and Managers to escalate risks and communicate key reported items and storylines. Analysts partner with other analysts across BSM, Corporate Treasury, Risk, and the CFO group. Key Responsibilities Forecast analysis and reporting delivered with accuracy Analysis and reporting implementations based on market activities Process design/Operational excellence Presentations to Senior Leaders Skills and Qualifications: Minimum 1 year related experience in analytics, forecasting and reporting the balance sheet and net interest income Bachelor's degree or equivalent work experience Advanced Excel, modeling, data manipulation SAP/eLedger experience Detail oriented and strategic thinker Ability to handle multiple deliverables at once while still adhering to deadlines Ability to summarize complex problems in clear, easy to explain language Ability to lead peers but also work autonomously Comfort working with complex Financial Products, strong analytical abilities and problem solving skills Financial statements, Balance Sheet product and Net Interest Income business acumen experience 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: 2 years related experience preferred CFA, CPA and/or MBA preferred Experience with Tableau and Alteryx preferred 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 ( . To view the "EEO is the Law" Supplement, CLICK HERE ( . View the LA County Fair Chance Ordinance ( . 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.

Created: 2024-11-27