Senior Asset Liability Associate

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
Principal subject matter expert responsible for forecasting the firms balance sheet and net interest income and/or monitoring and reporting on the firms interest rate sensitivity. Leverage and oversee Senior Asset Liability Analysts to deliver a dynamic, accurate and disciplined forecast by product, LOB and Legal Entity under baseline and stress scenarios. Responsible for quality assurance and controls around pertinent external regulatory reporting and risk limits.

Funds Transfer Pricing (FTP) team is seeking a highly motivated, talented, and collaborative professional to join the group. The team is part of a broader Balance Sheet Management and Treasury Finance (BSMTF) team that resides within the overall Corporate Treasury organization. The FTP team develops and manages the end-to-end FTP Framework to develop the FTP methodologies, performs FTP processing, and produce related FTP reporting and analytics.  The role requires balance sheet knowledge, problem solving, Data and Data controls knowledge, analytical, communication skills and project management experience. The successful candidate must demonstrate the ability to review and understand business balance sheet and work with multiple teams to determine implications on FTP.

Key Responsibilities:

• Responsible for the creation and oversight of various controls across the FTP Framework to ensure accuracy and completeness
• Responsible for the documentation of the control framework
• Engage with the FTP teams on the execution of the FTP data projects
• Run ad-hoc analyses on an as needed basis
• Detail-oriented with strong problem-solving skills
• Proficiency with Microsoft Office (Excel, Word, PowerPoint) is required

Required Skills:

• Strong Banking Industry Balance Sheet knowledge
• Excellent communication skills – both written and verbal
• Excellent stakeholder relationship management abilities to establish and maintain collaborative partnerships across the organization

Preferred Skills:

• Project Management experience a plus
• Previous experience working a Data mgmt. team or a Controls organization a plus
• Familiarity with Essbase, SQL queries a plus
• Ability to work in a fast-paced environment with rapidly changing needs.
• Organized and able to work on multiples tasks with limited supervision

Skills:

• Analytical Thinking
• Attention to Detail
• Data and Trend Analysis
• Financial Analysis
• Financial Forecasting and Modeling
• Adaptability
• Regulatory Compliance
• Reporting
• Risk Analytics
• Scenario Planning and Analysis
• Benchmarking
• Business Acumen
• Business Analytics
• Financial Management

Shift:

Hours Per Week: