Bank of America Liquidity Risk Sr Analyst in Charlotte, North Carolina
Enterprise Liquidity Risk Management is a department within Treasury & Control Function Risk (TCF Risk). It is responsible for providing an independent assessment of Bank of America’s Liquidity risk. The department’s aim is to support Bank of America’s purpose in making financial lives better through responsible growth. This is accomplished by providing an independent perspective on the effective utilization of Bank of America’s Liquidity resources. The goal of the department is that a healthy and sustainable Liquidity profile is maintained through a business as usual environment and also during times of stress to support the Businesses Earnings Plans.
Provideenterprise liquidity risk management through risk identification, metrics development and analysis, reporting, and escalation.As an enterprise Risk horizontal team, it is our role to ensure that allelements of the Liquidity Risk Framework, Policy, and coverage model are implemented and operating effectively across horizontal and vertical coverage team, as well as Lines of Business and Front Line Units.
Theselected candidate will be responsible for LiquidityRisk Analysis and Insights for the Enterprise Liquidity Risk Management team withinTCFRisk team:
Ensure adherence to requirements of the Enterprise Liquidity Risk Framework
Understands liquidity risk associated with Subsidiary Governance and Recovery and Resolution Planning requirements and manages accordingly
Demonstrate and develop acumen for the identification of liquidity risks and mitigants
Partner with liquidity risk vertical teams to develop,align, and calibrate metrics to ensure that identified risks are appropriately measured
Provide insights and analysis of monitored metrics to manage liquidity risk
Keep abreast of emerging regulatory requirements for liquidity risk and provide guidance on the impact of these regulations to the 2ndLine of Defense
Deliver effective review and challenge of front line challenge processes intended to mitigate liquidity risk
Liaise with Audit, Compliance and other control functions
Prepare for, coordinate and conduct any regulatory reviews and responses of this function; ensure resolution of issues as identified
Support corporate-wide liquidity risk related initiatives
Critical Success Measures:
Approaches work witha can-do attitude
Meets required deadlines
Takes ownership•Identifies and provides solutions
Vision- Takes a long-term view and builds a shared vision with others; acts as a catalyst for organization change. Influences others to translate vision into action
Communication- Can articulately paint credible pictures & visions of possibilities and likelihoods
Resilience- Deals effectively with pressure; remains optimistic and persistent, even under adversity. Recovers quickly from setbacks. On occasion required to take an unpopular stand
Collaboration- Develops networks and builds alliances; collaborates across boundaries to build strategic relationships and achieve common goals. Influencing and negotiating across external stakeholders (regulators) as well as internal groups including LOB Risk teams, Corporate Treasury, GRRP, Audit & Compliance to drive execution
Interpersonal Skills- Treats others with courtesy, sensitivity, and respect. Considers and responds appropriately to the needs and feelings of different people in different situations
Leveraging Diversity- Fosters an inclusive workplace where diversity and individual differences are valued and leveraged to achieve the vision and mission of the organization. Exposure and involvement with Employee Engagement initiatives including supporting Diversity & Inclusion efforts
Developing Others- Develops the ability of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methods
2-5 years of Financial Risk Management experience working in an analytical role around finance within a large bank; NOTE:diverse backgrounds or experiences will be considered, incl. recent graduate
Excellent problem resolution skills
Proficient in MS Office tools, especially Microsoft Excel (v lookups, pivot tables)
Strong analytical skills, including both analysis of financial data and written reports
Experience drafting reports and aggregating data with an ability to, "tell the story"
Proactive and inquisitive; willing to challenge the status quo and strive to improve processes
Ability to work with a high level of autonomy; leverages initiative and sound judgment
Values talents and skills of others; leveragesthe power of the team
Strong communication/interpersonal skills
LIBRA and SQLskills a strong plus
Enterprise role overview:
Assists in providing risk oversight and advice and counsel to the LOB. Establish risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards. Demonstrates ability to recognize all risk categories including credit, market, operational and compliance and bringing appropriate risk expertise as needed. Assists in conducting execution of risk framework activities including, but not limited to, independent monitoring and testing of controls and risk management processes for the LOB. Assists in establishing and overseeing the risk management governance structure for the LOB.
Posting Date : 06/18/2018
Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,
- United States
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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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.
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