Senior Finance Analyst - Global Liquidity Management

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 an 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!

Job Description: 

Global Liquidity Management is part of the Corporate Treasury organization and responsible for measuring, monitoring, and analyzing the enterprise's liquidity utilization in order to ensure Bank of America and its subsidiaries can meet all contractual and contingent financial obligations through typical market cycles, as well as, periods of stress. The senior analyst will be a member of the Traded Products Liquidity Management team. Their primary focus with be providing product subject matter expertise for a global markets product (secured funding, derivatives or prime brokerage).

Responsibilities:

The senior analyst will support the Traded Products team covering US Broker Dealers, responsible for:

• Monitor and analyze US Broker Dealers’ liquidity and funding requirements, on both day to day and strategic basis
• Forecast ILST and LCR outflows for the US Broker Dealers, on both day to day and strategic basis
• Enhance and develop liquidity stress model assumptions for ILST and LCR forecasting process
• Engage with Global Markets line of business to understand how daily business flows will impact liquidity metrics across entities. Strategize with business partners for opportunities to increase efficiency in managing these impacts and develop or validate liquidity stress assumptions
• Monitor and trend liquidity risks relating to business activities, understand correlation between business drivers and liquidity usage and build out enhanced granularity on executive reporting for global markets usage.
• Analyze new business initiatives and products to assess their liquidity and funding risks
• Enhance processes to streamline reporting and build out additional analytic capabilities, with lean towards emerging technology (Alteryx, Tableau etc.)
• Provide input into monthly presentations for Risk Committees, Board of Directors, Enterprise and Local Regulators
• Support other ad hoc projects within Liquidity Management

Required Qualifications:

• 3+ years of industry experience working with financial products
• Energetic and self-motivated. Candidate should have a strong intellectual curiosity
• Strong quantitative background including excel modelling
• Excellent communication skills – both written and verbal
• Ability to drive project goals across functions with minimal oversight
• Analytical Thinking
• Financial Forecasting and Modeling
• Attention to Detail

Desired Qualifications:

• Prime Brokerage, derivatives or secured funding (either regulatory, reporting or business)
• Working knowledge of regulatory liquidity framework

Skills:

• Analytical Thinking
• Financial Forecasting and Modeling
• Liquidity Management
• Regulatory Compliance
• Reporting
• Attention to Detail
• Benchmarking
• Data and Trend Analysis
• Financial Analysis
• Scenario Planning and Analysis
• Business Acumen
• Financial Management
• Monitoring, Surveillance, and Testing
• Policies, Procedures, and Guidelines
• Risk Management

Shift:

Hours Per Week: