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Risk Management Sr Specialist

Charlotte, North Carolina

Job Description:

The Banking coverage team is a vertical risk coverage team within Global Markets and Financial Risk (‘GMFR’), and is responsible for providing an independent perspective on the effective management of liquidity, capital and earnings risk within banking lines of business across the Company. GMFR is responsible for holistic liquidity, capital and interest rate risk management for the lines of business (including Corporate Treasury) to ensure they pursue strategic objectives within Bank of America’s stated risk appetite.

The candidate will be focused on risk identification, risk data aggregation and risk monitoring including reporting, data, and technology initiatives supporting capital and liquidity risk oversight of the Banking lines of business and will work closely with other GMFR functions, Line of Business (‘LOB’) Risk functions, LOB, and the CFO group. GMFR operates with a matrix structure, organized as vertical LOB risk teams (such as the banking coverage team) and horizontal risk teams. This structure will provide the successful candidate with varied opportunities to work on initiatives that have broad enterprise impacts as well as tactical business significance. 

Activities include:
•    Daily monitoring of liquidity risk metrics across banking LOBs and Legal Entities 
•    Daily, weekly and Quarterly risk related reporting, including materials for Board meetings, key routines and new climate change related initiatives
•    Support of risk metric calibration by providing quantitative component of calculations
•    Oversight of rule implementation related to regulatory rule interpretations
•    Day to Day oversight of data quality and controls related to all liquidity and capital risk reporting and processes
•    Continued build out and enhancement of analytical capabilities
•    Ad hoc reporting and analysis leveraging liquidity and capital risk reporting tools in support of day to day risk management coverage of the Banking LOBs

Required:
•    3-5 years of applicable/relatable experience
•    Ability to interact and communicate with business partners across the enterprise
•    Ability to work in an environment where capabilities are evolving
•    Strong analytical skills and presentation skills
•    Inquisitive nature with a strong attention to detail
•    Excellent verbal and written communication skills
•    Anticipates future consequences and trends, articulately communicates vision
•    Data querying and reporting experience with SQL, Tableau, and other database tools

Desired:
•    Knowledge of traditional banking products (deposits, loans)
•    Knowledge of enterprise risk framework, policies or procedures
•    Experience in working closely with multiple data/information providers and stakeholders across various departments
•    CPA or CFA, or progress toward either

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Banking coverage team is a vertical risk coverage team within Global Markets and Financial Risk (‘GMFR’), and is responsible for providing an independent perspective on the effective management of liquidity, capital and earnings risk within banking lines of business across the Company. GMFR is responsible for holistic liquidity, capital and interest rate risk management for the lines of business (including Corporate Treasury) to ensure they pursue strategic objectives within Bank of America’s stated risk appetite.

The candidate will be focused on risk identification, risk data aggregation and risk monitoring including reporting, data, and technology initiatives supporting capital and liquidity risk oversight of the Banking lines of business and will work closely with other GMFR functions, Line of Business (‘LOB’) Risk functions, LOB, and the CFO group. GMFR operates with a matrix structure, organized as vertical LOB risk teams (such as the banking coverage team) and horizontal risk teams. This structure will provide the successful candidate with varied opportunities to work on initiatives that have broad enterprise impacts as well as tactical business significance. 

Activities include:
•    Daily monitoring of liquidity risk metrics across banking LOBs and Legal Entities 
•    Daily, weekly and Quarterly risk related reporting, including materials for Board meetings, key routines and new climate change related initiatives
•    Support of risk metric calibration by providing quantitative component of calculations
•    Oversight of rule implementation related to regulatory rule interpretations
•    Day to Day oversight of data quality and controls related to all liquidity and capital risk reporting and processes
•    Continued build out and enhancement of analytical capabilities
•    Ad hoc reporting and analysis leveraging liquidity and capital risk reporting tools in support of day to day risk management coverage of the Banking LOBs

Required:
•    3-5 years of applicable/relatable experience
•    Ability to interact and communicate with business partners across the enterprise
•    Ability to work in an environment where capabilities are evolving
•    Strong analytical skills and presentation skills
•    Inquisitive nature with a strong attention to detail
•    Excellent verbal and written communication skills
•    Anticipates future consequences and trends, articulately communicates vision
•    Data querying and reporting experience with SQL, Tableau, and other database tools

Desired:
•    Knowledge of traditional banking products (deposits, loans)
•    Knowledge of enterprise risk framework, policies or procedures
•    Experience in working closely with multiple data/information providers and stakeholders across various departments
•    CPA or CFA, or progress toward either

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21081471

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Caroline Papp

Referral Bonus:

0

Street Address

Primary Location:
100 N TRYON ST, NC, Charlotte, 28255