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Assistant Vice President, Global Liquidity Management

London, , United Kingdom

Job Description:

Job Title:  Vice President, Global Liquidity Management

Corporate Title:  Assistant Vice President

Location:  London

Company Overview:

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!

Role Description:

The Senior Analyst will be a member of the International Legal Entity team within Global Liquidity Management (GLM) team, a division of Corporate Treasury. The International Legal Entity team is responsible for managing the liquidity requirements of Bank of America’s International subsidiaries and branches, on both a day to day and strategic basis. The role will involve facing off to senior Treasury, Risk and Global Markets trading heads across a number of locations (London, Paris, Dublin, New York, Charlotte)

The role involves determining liquidity requirements, contractual obligations, contingent risks, as well as cash flow forecasting and stress testing. The team works closely with business and support partners to develop a culture of liquidity management across international jurisdictions.

Responsibilities:

  • Produce key liquidity dashboards and forecasts to manage day to day funding and liquidity

  • Monitor liquidity risks relating to the firm’s business activities

  • Engage with the Lines of Business to understand funding and liquidity drivers

  • Analyse new business initiatives and products to assess their liquidity and funding risks

  • Interpret and respond to new regulations impacting liquidity

  • Support dialogue with senior managers and regulators

  • Support other ad hoc projects within International GLM

  • Support management reporting processes

  • Develop and implement global and regional liquidity management policies

  • Support the annual documentation and governance processes (eg. ILAAP, CFP, Blueprint etc)

  • Support the International GLM strategic initiatives

What we are looking for:

•          Active experience liaising with business

•          Energetic and self-motivated. Candidate should have a strong intellectual curiosity

•          Strong quantitative background including excel modelling

•          Excellent communication skills – both written and verbal

Benefits of working at Bank of America
 

UK

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

  • 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum

  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc

  • Use of a flex fund to use towards benefits

  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services

  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

  • Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions

  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title:  Vice President, Global Liquidity Management

Corporate Title:  Assistant Vice President

Location:  London

Company Overview:

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!

Role Description:

The Senior Analyst will be a member of the International Legal Entity team within Global Liquidity Management (GLM) team, a division of Corporate Treasury. The International Legal Entity team is responsible for managing the liquidity requirements of Bank of America’s International subsidiaries and branches, on both a day to day and strategic basis. The role will involve facing off to senior Treasury, Risk and Global Markets trading heads across a number of locations (London, Paris, Dublin, New York, Charlotte)

The role involves determining liquidity requirements, contractual obligations, contingent risks, as well as cash flow forecasting and stress testing. The team works closely with business and support partners to develop a culture of liquidity management across international jurisdictions.

Responsibilities:

  • Produce key liquidity dashboards and forecasts to manage day to day funding and liquidity

  • Monitor liquidity risks relating to the firm’s business activities

  • Engage with the Lines of Business to understand funding and liquidity drivers

  • Analyse new business initiatives and products to assess their liquidity and funding risks

  • Interpret and respond to new regulations impacting liquidity

  • Support dialogue with senior managers and regulators

  • Support other ad hoc projects within International GLM

  • Support management reporting processes

  • Develop and implement global and regional liquidity management policies

  • Support the annual documentation and governance processes (eg. ILAAP, CFP, Blueprint etc)

  • Support the International GLM strategic initiatives

What we are looking for:

•          Active experience liaising with business

•          Energetic and self-motivated. Candidate should have a strong intellectual curiosity

•          Strong quantitative background including excel modelling

•          Excellent communication skills – both written and verbal

Benefits of working at Bank of America
 

UK

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

  • 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum

  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc

  • Use of a flex fund to use towards benefits

  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services

  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

  • Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions

  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Learn more about this role

Full time

JR-23009897

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Hannah Scullion

Referral Bonus:

0

Street Address

Primary Location:
2 KING EDWARD ST, London, EC1A 1HQ