Charlotte, NC, 28230, USA
5 days ago
Senior Asset Liability Associate
Senior Asset Liability Associate Charlotte, North Carolina **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:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://u.go/0As7EN) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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