Senior Finance Analyst - Capital 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 capital reporting and analytics, including calculating risk-weighted assets, measuring and monitoring Global Systematically Important Bank (G-SIB) scores, developing reports for Lines of Business (LOB) stakeholders, and implementing new models. Key responsibilities may also include developing LOB capital forecasts and producing peer analytics and impact assessments for new transactions, products and proposed rule changes. The primary responsibilities of the Regulatory Capital Reporting and Consolidations (RCRC) team within Enterprise Capital Management (ECM) are to calculate and produce timely and accurate reporting of the company’s Supplementary Leverage Exposure and Operational Risk risk-weighted assets. This includes working with key stakeholders to coordinate variance analysis to explain key drivers on a monthly basis. Success requires understanding of regulatory capital and accounting rules, regulatory reporting requirements, partnership with various stakeholders, problem-solving ability, ability to work under tight deadlines, and strong attention to detail. RCRC is looking for a motivated self-starter who wants to learn how leverage exposure and operational risk capital is calculated and reported both internally and externally. Responsibilities: Analyzes business balance sheet and risk-weighted assets identifying optimization opportunities Ensures process, documentation, and procedures align with rule conformance of Basel capital requirements Consolidates and delivers monthly Basel III capital results, explaining key drivers of variances Provides transactional support for live transactions Assists and educates business partners about capital, regulatory requirements, providing recommendations on how to operate in a capital efficient manner Facilitates capital forecasting for strategic planning and capital planning purposes, including stress testing Monitors portfolios to anticipate capital needs and financial resource use Develop business partner relationships with within ECM, e.g. various workstreams, ECMT, and various LOBs. Develop knowledge and skills related to the following: knowledge of Basel capital rules, capital reporting, management reporting and presentations, as well as project coordination. Required Qualifications: 2 + years of experience in Advanced Excel, Modeling, Data Manipulation Financial Statement Analysis Experience Desired Qualifications: Experience in SAP/eLedger Project Management Experience Comfortable working with complex Financial Products SQL Regulatory Capital experience Skills: Analytical Thinking Data and Trend Analysis Financial Forecasting and Modeling Reporting Scenario Planning and Analysis Adaptability Attention to Detail Policies, Procedures, and Guidelines Regulatory Compliance Risk Management Benchmarking Business Acumen Critical Thinking Financial Management Interpret Relevant Laws, Rules, and Regulations Minimum Education Qualification: BS/BA Finance/Accounting/Economic/Quantitative degree Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544) Pay and benefits information Pay range $95,000.00 - $135,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - Privacy Statement -