1 day old
2018-01-142018-02-13

Enterprise Capital Management- Sr Financial Analyst

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-17069459CharlotteNC
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Company Bank of America

Job Title Enterprise Capital Management- Sr Financial Analyst

Jobid bankofamerica-17069459CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



This role is predominately focused on: Capital Management



Capital is the foundation upon which Bank of America runs its business, invests, takes risk and generates returns for shareholders. The Enterprise Capital Management (ECM) team was formed in 2011 to provide expertise in the management of the Company’s capital position. The group was created in response to the evolving regulatory environment including the implementation of the Basel III capital framework. In addition, ECM was formed to execute the annual Comprehensive Capital Analysis and Review (CCAR) stress tests administered by the Federal Reserve Bank (FRB) on the largest Bank Holding Companies



The Capital Calculations & Line of Business Capital Management team is part of the Enterprise Capital Management organization. The primary focus of our team is to analyze and communicate Regulatory and Economic Capital, including calculation of pro forma capital for any upcoming regulations (e.g., Fundamental Review of the Banking Book (FRTB)). Our business partners include the lines of business, Market Risk, Finance and Middle Office, Technology



Key priorities for our team include the monthly reporting of Regulatory and Economic Capital, design and production of capital and RWA reports, variance commentary, ad-hoc impact analysis.



The candidate will join a dynamic environment that offers opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:



+ Be familiar with the capital requirements under different Basel regimes and their practical application for the Company and major U.S. Legal Entities

+ Be responsible for directing calculation, reporting and/or analysis activities to support the Bank's Capital Initiatives. Activities may include analyzing regulatory capital results; interpreting regulatory requirements in the context of a business problem; developing solutions; managing and/or executing implementation.

+ Be responsible for more complex finance activities around capital calculation, reporting and/or analysis to support the Bank's Capital Initiatives. Supports achievement of business goals by working on more complex activities or projects within the unit and with partners.

+ Be responsible for understanding line of business reporting for Global Markets businesses' covering a holistic view of regulatory capital, economic capital, capital return metrics and financial statement analysis

+ Be responsible for investigating and explaining period-over-period capital and balance sheet movements

+ Focus on team coordination and process improvements working with internal and external technology partners

+ Work closely with business partners and finance to resolve capital questions and communicate capital usage

+ Assist with estimating the capital utilization for new transactions and products and assisting the businesses in assessing the impact on return metrics. Liaise between the business and internal ECM policy on optimizing structures for appropriate return metrics



The team is composed of approximately 80 employees located mostly in New York, Charlotte and San Francisco.



_Enterprise Role Overview:_



Responsible for more complex finance activities around capital calculation, reporting and/or analysis to support the Bank's Capital Initiatives. Supports achievement of business goals by working on more complex activities and projects within the unit and with partners.



Required Skills & Experience:



+ Bachelor's Degree or equivalent experience

+ Minimum of 4-6 years of experience in a financial organization

+ 3+ years of strong financial analysis experience

+ Advanced Excel and data manipulation skills

+ Strong communication skills and ability to influence.

+ Ability to work independently and meet deadlines

+ Experienced with SQL and working with large datasets

+ Experience in preparing concise and effective presentations, including the ability to explain results of complex analysis at a level that resonates across many different audiences

+ Ability to multi-task and prioritize

+ Familiarity/experiencewith financial instruments and products traded within the Global Markets business and/or experience with Credit Risk/Market Risk, Traded Products from a capital perspective



Desired Skills & Experience:



+ Knowledge of Basel III regulatory capital rules

+ Experience with Credit Risk, Market Risk (sensitivities, VaR, FRTB rules), Traded Products from a capital perspective

+ Python experience



**Posting Date** : 10/13/2017



**Location** :

Charlotte, NC, 201 N TRYON ST (NC1022),

- United States



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



Categories

  • Financial Services

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Enterprise Capital Management- Sr Financial Analyst

Bank of America
Charlotte, NC

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Bank of America
Charlotte, NC

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