What are the responsibilities and job description for the Capital Management - Finance Manager position at Bank of America?
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:
This job is responsible for contributing to the efficient and effective management of the bank's capital to maintain capital adequacy needed for supporting responsible growth and return to shareholders. Key responsibilities include partnering with Lines of Business (LOBs), Global Technology, Chief Finance Officer, Group Data Management, Treasury Policy and Advocacy, Global Risk Analytics (GRA), Centralized Regulatory Reporting (CRR), and Investor Relations. Job expectations include applying expertise in capital regulations, reporting, and analysis to support the bank's capital initiatives.
Responsibilities:
- Serves as a subject matter expert on Basel 3 regulatory requirements for macro impacts from GSIB, SLE, RWA, CCAR and Basel 3 Endgame proposals
- Understand changing regulatory capital framework and its impact on the Global Markets business, including the management of capital, capital return metrics and financial statement analysis
- Activities may include analyzing regulatory capital results; interpreting regulatory requirements in the context of a business problem; providing and presenting peer analysis
- Foster relationships with partners in capital management, business and finance to resolve capital questions, provide strategic guidance and communicate capital usage
Required Qualifications:
- Minimum of 10 years of experience with financial markets products and businesses
- Quick learner and detail oriented
- Strong communication skills and ability to influence.
- Strong Excel and PowerPoint skills
- Familiar with capital requirements under Basel 3
- Strong financial analysis skills
- Ability to multi-task and prioritize
Desired Qualifications:
- Bachelor's Degree
Skills:
- Analytical Thinking
- Data and Trend Analysis
- Financial Forecasting and Modeling
- Regulatory Compliance
- Scenario Planning and Analysis
- Business Acumen
- Interpret Relevant Laws, Rules, and Regulations
- Policies, Procedures, and Guidelines
- Reporting
- Risk Management
Shift:
1st shift (United States of America)Hours Per Week:
40
