CFO Senior Finance Analyst - Asset Liability Management

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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
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 daily forecasting and analyzing of the bank's balance sheets, Net Interest Income (NII), Funds Transfer Pricing (FTP) and interest rate risk sensitivity. Key responsibilities include partnering with Line of Business (LOB) leaders and teammates across Corporate Treasury, Risk, and the Chief Financial Office (CFO) to deliver a dynamic, accurate, and disciplined forecast by product, LOB, and legal entity under baseline and/or stress scenarios.

Position Summary:

Responsible for baseline and stress forecasting and analyzing of the bank's balance sheets, Net Interest Income (NII) and Treasury Non- Interest income.  Key responsibilities include delivering dynamic, accurate, and disciplined forecast by product, LOB, and legal entity under baseline and/or stress scenarios, as well as Recovery and Resolution Planning. The analyst will be responsible for reporting, explaining variances and communicating storylines to business partners and senior management. They may also be responsible for preparing entries to GL and various ad hoc analysis and requests to support strategic decision making. The analyst will also be responsible for helping drive AI adoption and automation where applicable. They work with senior analysts and managers to escalate risks and communicate key reported items and storylines. Analysts partner with other analysts across BSM, Corporate Treasury, Risk, and the CFO group.

Responsibilities:

• Delivers forecast analysis and reporting with accuracy, presenting results to senior management
• Applies subject matter expertise of the key drivers of the Line of Business, Product balance sheet and Net Interest Income (NII) forecasts, Funds Transfer Pricing (FTP), and FDIC expenses, challenging the forecast and highlighting potential risks
• Identifies opportunities to enhance or simplify processes, improving analytical capabilities for stakeholders
• Delivers forecasting, securitization, deposit pricing, and annual report disclosures with a high level of autonomy
• Perform review and challenge across various Balance Sheet, NII and Treasury Income results across forecast and actuals
• Analysis and reporting implementations based on market activities
• Process automation/Operational excellence

Required Qualifications:

• Minimum 2 year related experience in analytics, forecasting and reporting the balance sheet and net interest income
• Advanced Excel, modeling, data manipulation
• SAP/eLedger experience
• Detail oriented and strategic thinker
• Ability to handle multiple deliverables at once while still adhering to deadlines
• Ability to summarize complex problems in clear, easy to explain language
• Ability to lead peers but also work autonomously
• Comfort working with complex Financial Products, strong analytical abilities and problem solving skills
• Financial statements, Balance Sheet product and Net Interest Income business acumen experience

Desired Qualifications:

• AI Curiosity and Prompting experience
• Knowledge of Balance Sheet and Financial Statements
• General Ledger Experience

Skills:

• Analytical Thinking
• Data and Trend Analysis
• Financial Analysis
• Financial Forecasting and Modeling
• Reporting
• Adaptability
• Attention to Detail
• Regulatory Compliance
• Risk Analytics
• Scenario Planning and Analysis
• Benchmarking
• Business Acumen
• Business Analytics
• Financial Management

Shift:

Hours Per Week: