Assistant Vice President / Vice President - Capital Management Finance Analyst

Job Description:

About Bank of America:

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the World

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Position Description

Corporate Treasury enables and executes well-informed management decisions that optimize earnings, capital and liquidity for the benefit of stakeholders - Enterprise Capital Management (“ECM”) is a team within Corporate Treasury that focuses on the efficient management of the Firm’s capital resources. We are looking for a candidate to join the International team within ECM, which is responsible for the overall management of capital for all entities outside of the US.  

The candidate will join a small team focusing on Asia and is expected to be a subject matter expert on capital management in the region - advising and working in partnership with the different Lines of Business, Risk Management, and in-country Treasury and Finance teams to build strong working relationships across functions and countries, as well as with different levels of the organization.

Key Responsibilities

• Provide Line of Business support to understand and respond efficiently to potential trades across all asset classes - advising on the capital impact of new products, structured trades and hedging strategies
• Subject matter expert with a strong knowledge of US capital regulations as well as keeping up to date of the various country specific capital regulations across Asia
• Work with Country Finance and Risk teams on legal entity capital management activities such as the Internal Capital Guidelines (“IGL”) and Internal Capital Adequacy Assessment Process (“ICAAP”) across Asia
• Review capital resources with country CFOs to ensure the most efficient capital management of legal entities in Asia - provide appropriate challenge and due diligence 
• Implement Enterprise Capital Management initiatives and capital training to the APAC region
• Provide Risk Weighted Assets (“RWA”) analyses and other capital management reporting as needed  

Key Requirements

• Strong interpersonal and communication skills, a team player
• Curious, proactive, and detailed
• Can work independently and under time constraints with live trades
• Experience and knowledge in legal entity accounting and rules in Asia
• Knowledge of financial products, risk (i.e. VaR), and pricing would be helpful
• Some knowledge of US Basel 3 (Standardized and Advanced) and BCBS capital regulations
• Experience with SQL/Programming knowledge/Excel VBA or Macros would be advantageous