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Liquidity Risk Analyst

Charlotte, North Carolina;

Job Description:

Enterprise Role Overview:
Assists in providing risk oversight and advice and counsel to the LOB. Establish risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards. Demonstrates ability to recognize all risk categories including credit, market, operational and compliance and bringing appropriate risk expertise as needed. Assists in conducting execution of risk framework activities including, but not limited to, independent monitoring and testing of controls and risk management processes for the LOB. Assists in establishing and overseeing the risk management governance structure for the LOB.

Role Summary:
The Liquidity Risk Analyst will understand the fundamentals of an effective stress testing program and ensure BAC’s process helps us appropriately manage risk. As a Risk horizontal team, it is our role to ensure that all elements of the Liquidity Risk Policy related to stress testing operate effectively across horizontal and vertical coverage team, as well as Lines of Business, Front Line Units and Control Functions. Key components of the Liquidity Risk Management program include appropriate risk identification, inclusion of material risks in liquidity stress models and scenarios, review of stress results to understand shifts in drivers, and connectivity of stress results to the risk appetite and risk metrics.

Job Responsibilities:
• Develop and demonstrate acumen for the identification of liquidity risks and mitigants
• Produce analysis and monitor trends on key risk measures
• Managing several critical reporting and governance routines, such as regulatory filings and board and committee input preparation
• Maintaining a strong control environment for all reporting processes
• Fielding ad-hoc questions on the report from regulators, internal senior risk leaders, and audit partners
• Developing new materials or analyses as needed
• Liaising with technology and data partners to correct issues, enhance functionality, and manage through upstream technology change
• Conduct risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards
• Assists in conducting execution of risk framework activities including, but not limited to, independent monitoring and testing of controls and risk management processes for the LOB
• Collaborate with Treasury to execute projects focused on evolving liquidity stress testing processes, governance and controls
• Identify and execute opportunities that further integrate liquidity and capital processes
• Ensure connectivity between U.S. and regional teams in approach to independent risk oversight of liquidity stress testing

Required Skills:
• 3+ years of Risk Management or other experience in the Banking industry
• Proficiency with PowerPoint and Excel. Must be able to write in a clear, concise, organized, and convincing manner for the intended audience
• Strong analytical mindset and effective problem-solving skills
• Attention to detail and ability to work with minimal supervision
• Ability to extract, analyze, and merge data from disparate systems
• Experience with data analytics and visualization tools (e.g., Alteryx, Tableau, MicroStrategy)
• Strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
• Demonstrates commitment to excellence by anticipating needs, mitigating risks and minimizing potential problems
• Ability to multi-task with excellent time management skills, manage projects and pivot between tactical and strategic tasks

Critical Success Measures:
• Demonstrate liquidity risks are appropriately monitored, measured and mitigated through program activities
• Ensure we are providing high quality insights from an independent risk perspective
• Connection to and execution of responsibilities of the independent review function, as it relates to core program requirements
• Deliver against the book of work for Enterprise Liquidity Risk Management

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Enterprise Role Overview:
Assists in providing risk oversight and advice and counsel to the LOB. Establish risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards. Demonstrates ability to recognize all risk categories including credit, market, operational and compliance and bringing appropriate risk expertise as needed. Assists in conducting execution of risk framework activities including, but not limited to, independent monitoring and testing of controls and risk management processes for the LOB. Assists in establishing and overseeing the risk management governance structure for the LOB.

Role Summary:
The Liquidity Risk Analyst will understand the fundamentals of an effective stress testing program and ensure BAC’s process helps us appropriately manage risk. As a Risk horizontal team, it is our role to ensure that all elements of the Liquidity Risk Policy related to stress testing operate effectively across horizontal and vertical coverage team, as well as Lines of Business, Front Line Units and Control Functions. Key components of the Liquidity Risk Management program include appropriate risk identification, inclusion of material risks in liquidity stress models and scenarios, review of stress results to understand shifts in drivers, and connectivity of stress results to the risk appetite and risk metrics.

Job Responsibilities:
• Develop and demonstrate acumen for the identification of liquidity risks and mitigants
• Produce analysis and monitor trends on key risk measures
• Managing several critical reporting and governance routines, such as regulatory filings and board and committee input preparation
• Maintaining a strong control environment for all reporting processes
• Fielding ad-hoc questions on the report from regulators, internal senior risk leaders, and audit partners
• Developing new materials or analyses as needed
• Liaising with technology and data partners to correct issues, enhance functionality, and manage through upstream technology change
• Conduct risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards
• Assists in conducting execution of risk framework activities including, but not limited to, independent monitoring and testing of controls and risk management processes for the LOB
• Collaborate with Treasury to execute projects focused on evolving liquidity stress testing processes, governance and controls
• Identify and execute opportunities that further integrate liquidity and capital processes
• Ensure connectivity between U.S. and regional teams in approach to independent risk oversight of liquidity stress testing

Required Skills:
• 3+ years of Risk Management or other experience in the Banking industry
• Proficiency with PowerPoint and Excel. Must be able to write in a clear, concise, organized, and convincing manner for the intended audience
• Strong analytical mindset and effective problem-solving skills
• Attention to detail and ability to work with minimal supervision
• Ability to extract, analyze, and merge data from disparate systems
• Experience with data analytics and visualization tools (e.g., Alteryx, Tableau, MicroStrategy)
• Strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
• Demonstrates commitment to excellence by anticipating needs, mitigating risks and minimizing potential problems
• Ability to multi-task with excellent time management skills, manage projects and pivot between tactical and strategic tasks

Critical Success Measures:
• Demonstrate liquidity risks are appropriately monitored, measured and mitigated through program activities
• Ensure we are providing high quality insights from an independent risk perspective
• Connection to and execution of responsibilities of the independent review function, as it relates to core program requirements
• Deliver against the book of work for Enterprise Liquidity Risk Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21052810

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Pamela Salvato

Referral Bonus:

0