Assistant Vice President; Bank Funding Trader

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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

RESPONSIBILITIES:

• Conduct cash and liquidity forecasting for the US Bank, Parent Company, and Broker-dealers to manage daily cash positions and ensure compliance with liquidity risk metrics.

• Execute intercompany funding trades, supporting funding needs for US and non-US branches and subsidiaries.

• Monitor Federal Reserve monetary policy and assess impacts on short-term money market rates and liquidity.

• Perform trade execution, pricing verification, and valuation of financial instruments to ensure strategic alignment.

• Collaborate with Treasury groups (Balance Sheet Management, Global Liquidity Management) and CFO Risk to analyze balance sheet changes and identify potential risks to liquidity and funding.

• Drive technology initiatives to enhance Treasury systems for liquidity risk management, including automation and integration across global funding platforms.

• Provide detailed financial analysis of funding risks and opportunities, presenting recommendations to senior management.

• Maintain compliance with internal policies and regulatory directives, contributing to audits and regulatory exams.

• Develop and maintain liquidity and cash forecasting models and perform complex quantitative analyses to support funding strategy and cash management decisions.

• Monitor risk metrics under US regulations, including Liquidity Coverage Ratio (LCR) and Internal Liquidity Stress Test (ILST), to ensure regulatory compliance and funding efficiency.

• Conduct research using Bloomberg, Oracle, and Python (advanced proficiency including modeling, macros) to analyze market trends and liquidity risk.

• Execute intercompany funding transactions and optimize funding and capital structures across multiple legal entities and assisting in coordinating information flow and execution with various internal partn Contribute to technology initiatives aimed at enhancing tools and processes including data analytics tool and desk’s funding dashboard for Monitoring liquidity risks efficiently.

• Remote work may be permitted within a commutable distance from the worksite.

REQUIRED SKILLS & EXPERIENCE:

• Bachelor's degree or equivalent in Finance, Economics, Mathematics, or related: and

• 2 years of experience in the job offered or a related Finance occupation.

• Must include 2 years of experience in each of the following:

• Developing and maintaining liquidity and cash forecasting models and performing complex quantitative analyses to support funding strategy and cash management decisions;

• Monitoring risk metrics under US regulations, including Liquidity Coverage Ratio (LCR) and Internal Liquidity Stress Test (ILST), to ensure regulatory compliance and funding efficiency;

• Conducting research using Bloomberg, Oracle, and Python (advanced proficiency including modeling, macros) to analyze market trends and liquidity risk;

• Executing intercompany funding transactions and optimizing funding and capital structures across multiple legal entities and assisting in coordinating information flow and execution with various internal partners; and,

• Contributing to technology initiatives aimed at enhancing tools and processes including data analytics tool and desk’s funding dashboard for monitoring liquidity risks efficiently.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

EMPLOYER:  Bank of America N.A.

Shift:

Hours Per Week: