This role is predominately focused on: Treasury / Global Liquidity Risk Management

The Global Liquidity Risk Management (GLRM) team is part of the Corporate Treasury within the CFO organization. The primary focus of our team is to measure, monitor and control Liquidity Risk at Bank of America. Liquidity risk is now a key focus among management and regulators, particularly in light of market events over several of years. Our business partners include External Regulators, BAC executive management, Enterprise Capital Management, Treasury Funding and lines of business.
The Basel III Liquidity Readiness is a group within GLRM responsible for leading Bank of America’s efforts to prepare for full implementation of Basel III liquidity standards including:
  • Regulatory Affairs: Analysis and response to Basel III standards and national regulatory proposals to implement such standards.
  • Basel III Reporting: Development of systems and controls necessary to efficiently and effectively aggregate and report data required for Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR)
  • Implementation: Implementation and integration of Basel III into Enterprise BAU activities
  • Program Management: Dedicated program management office to support foregoing work streams, ensure efficient coordination with broader efforts
A liquidity risk senior analyst within the Basel III Readiness team would support the group’s ongoing efforts in each of the areas described above.
Duties and responsibilities may include assisting with the following:
  • Developing, testing and reporting for the U.S. NPR version of the Basel III LCR which goes into effect January 2015.
  • Working with the GLRM Regulatory Reporting and Management Reporting teams, Data Management, Technology and Program Management to build a reporting process and establish controls
  • Calculation and analysis of a monthly LCR estimate including drivers by product, line of business and similar as well as reporting it to executive management
  • Linking of business interpretation to systems development
Generally, the work routine occurs along the following timeline: Daily, Weekly, Monthly and Quarterly. Throughout the tenure of the role, the teammate should gain exposure and acumen in the Liquidity Risk area of the organization, and develop or improve their skills in Liquidity management and Risk management.
 
Enterprise Role Overview

Produce, monitor, and review liquidity reports. Develop processes to meet reporting requirements. Comply with and enhance documentation and control processes. Assist in data sourcing and analytics to improve liquidity risk reporting. Investigate reporting issues as they arise and escalate accordingly. Assist in defining technology requirements to enhance liquidity risk management capabilities. Participate in development of liquidity risk metrics, forecasting tools and early warning indicators. Assist in implementing new regulatory liquidity risk requirements. Develop and provide expertise in the liquidity risk drivers for specific businesses or products. Lead liquidity related projects. Create management presentations.

Qualifications

 Required Skills

  • BS/BA (Finance/Accounting Preferred)
  • Advanced Power Point and Excel including pivot tables
  • Comfort working with complex Financial Products
  • 2+ years of analytical experience with a large internationally active financial institution
  • High-attention to detail
  • Experience managing aspects of long-term projects
 
Desired Skills
  • Prior experience in Finance Team a plus
  • Experience with secured funding and/or prime brokerage services a plus
  • Advanced Modeling and Data Manipulation
  • Experience in preparing presentations for executive management and/or financial regulators,
  • CPA and/or MBA
  • FP&A experience
  • SEC and/or Regulatory Reporting experience
Additional Desired Skills
Analytical Abilities/Financial Acumen/Problem Solving
Effectively Work with Others/Business Partnering
Communication-Written
Communication-Oral
Initiative
Business Mastery
Leadership
 
2+ Years of Experience

Liquidity Risk Sr. Analyst

Charlotte, NC; New York, NY; - United States

Job number: 1400027345

See more at: http://careers.bankofamerica.com/job-detail/1400027345/global/global/liquidity-risk-sr-analyst#sthash.Af0ivINZ.dpuf

 

Posting Date: 14/04/2014

Location: US-NC-Charlotte, US-NY-New York

Travel: No

Full / Part-time: Fulltime

Hours Per Week: 40.00

Shift: 1st Shift

- See more at: http://careers.bankofamerica.com/job-detail/1400027345/global/global/liquidity-risk-sr-analyst#sthash.Af0ivINZ.dpuf

Please apply here.

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