Capital Management – Senior Finance Analyst

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!

The Team:
ECM is a global team of more than 100 professionals responsible for the efficient and prudent management of the Corporation's as well as its subsidiaries' capital across the enterprise globally. ECM implements the Board’s capital management strategy including issuance, redemption or repurchase of common stock and other capital instruments. ECM works closely with lines of business and guides them to manage the enterprise’s capital including design and implementation of capital allocation methodologies efficiently and proactively. ECM also recommends capital related financial resource limits to senior management.

In addition, ECM produces and monitors regulatory and internal economic capital metrics including capital adequacy ratios, leverage exposure and risk-weighted assets and oversees the end-to-end capital measurement process across the enterprise. Partnering with other control functions, ECM manages external disclosures related to capital management including 10Q, 10K, Pillar 3 disclosures and other regulatory filings‎. ECM interfaces with banking regulators globally on all capital related matters.

Role 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.

Responsibilities:

• Annual review and update of legal entity Capital Management Policies and Pillar 3 Disclosure Policies for material EMEA legal entities

• Deliver annual Pillar 3 disclosure reports for material EMEA legal entities, include co-ordination across working group level and preparation of governance materials

• Single Process Inventory (SPI) delegate for two SPIs, ensuing ongoing review and updates and tracking progress against CFO’s automation goals

• Responsible for the team’s monthly supervisory review process, encompassing status all key controls, risks and issues

• Responsible for compliance with relevant internal policies including Financial Regulatory Reporting, Risk Data Aggregation, Model Policies and ongoing maintenance of desktop procedures

• Team co-ordinator for Issues Management, including internal reporting on issues

• Supporting ICAAP delivery management for material EMEA legal entities

Skills:

• Analytical Thinking

• Data and Trend Analysis

• Financial Forecasting and Modelling

• Regulatory Compliance

• Business Acumen

• Interpret Relevant Laws, Rules, and Regulations

• Policies, Procedures, and Guidelines

• Reporting

• Risk Management

• Critical Thinking

• Financial Management

• Stakeholder Management