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:

The Capital and Funding team is responsible for understanding, advising on, and optimizing the capital and funding requirements of Bank of America both at the top of the house and at the legal entity level. This understanding has to span the existing regulatory framework such as Basel 3 RWA under both advanced and standardized approaches and the liquidity coverage ratio (LCR), as well as pending regulations (e.g. fundamental review of the trading book - FRTB).

Responsibilities:

Advise senior management about the current state of the financial resource and/or capital and funding related regulatory environmentResponsibility for analyzing and presenting to management the allocation and drivers of capital, balance sheet and liquidity utilizationDrive firm wide initiatives to improve financial metric reporting and optimizationDeveloping and implementing financial resource management strategy to achieve revenue goalsAdvise business on financial resource and/or regulatory impact of specific transactionsReview model logic to ensure assumptions reflect market dynamicsProviding peer analysis, market color and generating optimization ideasWork with key stakeholders within Global Markets and partners (Finance, Treasury, Risk, Operations, Compliance) to deliver improved returns on financial resourcesDrive platform development with quantitative and technology teams, deliver tools to end user that enable improved financial performance, including transaction reviews and assessments

Skills:

Excellent analytical, quantitative and problem solving  skills are requiredTechnical skills to digest large data sets and deliver a concise storyPrevious experience with the firms risk and booking systems is preferentialGood critical reading skills in order to digest regulation and understand business impactAttention to detail in reviewing calculator and model logicAbility to speak with senior trading staff about complex topicsDemonstrate previous experience managing projects and governance routinesAnticipating the financial resource requirement of trading businessesPreference for existing funding and liquidity management experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40