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Senior Asset Liability Analyst - Balance Sheet Management

Bank of America
Charlotte, NC
  • Job Code
Company Bank of America

Job Title Senior Asset Liability Analyst - Balance Sheet Management

Jobid bankofamerica-17083480CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**

This role is predominately focused on: Balance Sheet Management.

Balance Sheet and Management (BSM) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and net interest income (NII). Another critical BSM function is the measurement and analysis of Interest Rate Risk (IRR) using various methods. This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates.

BSM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. These partnerships focus on the following: (1) balance sheet composition and interest rate risk strategy, (2) strategic planning for the company’s three-year outlook with Corporate Planning and Finance, (3) setting the right strategy to accurately measure the profitability of assets and liabilities to ensure efficient usage of the balance sheet, (4) stress testing the balance sheet under adverse economic scenarios with the Global Stress Testing team and, (5) producing the balance sheet and NII forecast in coordination with the Line of Business and Global Liquidity Management for the Global Resolution and Recovery Planning exercise.

The Global Markets Group (GMG) Forecast team within Balance Sheet Management primarily focuses on analyzing data, reviewing LOB balance forecasts, and producing an empirically based independent forecast for the net interest income (NII) for Global Markets. The specific role will involve data analysis, working with GMG finance to generate baseline and stress forecasts, leveraging data and LOB feedback to improve forecast assumptions and analyzing forecast trends and interest rate risk results.

_Enterprise Role Overview_

Oversee daily trend analysis on the balance sheet. Approves post-closing entries. Manage projects for executive management including, but not limited to forecasting, securitization, deposit pricing, and annual report disclosures. Works with a high level of autonomy and assists with training of junior staff.

**Required Skills & Experience:**

+ Bachelor’s degree

+ Excellent analytical and complex problem resolution skills

+ Understanding of financial market dynamics, interest rates, accounting, and financial products

+ Proficient in MS Office tools, especially Microsoft Excel (v look ups, pivot tables)

+ Inquisitive, willing to challenge the status quo and strive to improve processes

+ Ability to work with a high level of autonomy and make well-reasoned decisions

+ 2-5 years working in an analytical role around finance

+ Understand balance sheet

+ Team oriented

+ Strong communication/interpersonal skills

**Desired Skills & Experience:**

+ Global Markets Experience



**Posting Date** : 01/02/2018

**Location** :


- United States

**Travel** : No

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**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.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

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Senior Asset Liability Analyst - Balance Sheet Management

Bank of America
Charlotte, NC

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Senior Asset Liability Analyst - Balance Sheet Management

Bank of America
Charlotte, NC

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