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!

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. More specifically, this job is aligned to the Capital Adequacy, Governance, and Treasury RRP team, focused on governance activities across ECM. This role provides the opportunity to build acumen across capital, and gain exposure to ECM and Risk leadership, and regulatory deliverables.

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
• Coordinates across Capital, broader Treasury, Risk, and control partners, to deliver and ensure all governance activities are completed, including facilitation of the Capital Control Council (CCC) and Capital Measurement and Allocation Committee (CMAC)
• Understanding and facilitation of regulatory notification requirements and deliverables for model changes and capital Interpretations
• Subject matter expert in capital governance as well as committee governance across Treasury, Risk, and CFO

Required Qualifications:

• Bachelor’s degree in Finance, Accounting, Business, or related field
• 2+ years’ experience in Corporate Finance
• High degree of technical proficiency in Microsoft Office – particularly PowerPoint (senior management presentation decks), Word (business writing) and Excel (metrics and data analysis)
• Excellent communication skills, both written and verbal, including ability to summarize complex business problems and detailed analysis with clarity and brevity
• Robust problem solving and analytical skills, with superior attention to detail
• Ability to work independently in a fast-paced environment while multitasking and meeting strict deadlines
• Highly motivated and enjoys taking initiative
• Embraces challenges and change

Desired Qualifications:

• Familiarity with financial services regulatory environment and capital planning
• Experience in Regulatory Capital, RWA, Stress Testing and related topics (e.g., CCAR/DFAST, Basel III, Basel III ERBA, RRP) in a large systemically important bank or management consulting firm
• Strong financial analysis skills
• Project management 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
• Coordination across multiple stakeholders to deliver required governance

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 informationPay range$95,000.00 - $135,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.