Capital Management - Capital Forecasting Manager
New York, New York
**Job Description:**
This role resides in the Enterprise & Legal Entity Capital Management group within Corporate Treasury. The group is responsible for the planning and forecasting of capital across different macro-economic and idiosyncratic scenarios varying in severity across the capital-planning continuum, ranging from business as usual to stress environments, including: CCAR/DFAST and Recovery and Resolution. Key business partners include: Balance Sheet Management, Corporate Planning, Global Funding, Global Liquidity Management, Enterprise Stress Testing, and Corporate Strategy.
This role requires a highly motivated individual skilled in strategic thinking and project management, with the following key responsibilities:
+ Execute strategic capital projects and initiatives to aid capital planning and decision making process
+ Perform key capital planning responsibilities such as maintenance and update of capital plan and policies
+ Participate in assessment of capital adequacy across the capital-planning continuum, including support of weekly and quarterly capital processes
+ Design and produce presentations for Senior Management and the Board of Directors
+ Support capital planning and stress testing process enhancements and internal control initiatives
+ Manage and execute ad hoc requests/inquiries from senior management, regulators and other stakeholders
**Required Skills:**
+ Bachelors degree in Finance, Accounting, Business or related field, MBA is a plus
+ 10+ years' experience of working in Financial Services industry
+ 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
+ Ability to work independently in a fast-paced environment while multitasking and meeting strict deadlines
+ Project management skills; able to quickly structure an approach to address new problems
+ Robust problem solving and analytical skills, with diligence and superior attention to detail
+ Strong influencing, facilitation, and partnering skills
**Desired Skills:**
+ Familiarity with financial services regulatory environment and capital planning supervisory expectations
+ Experience in Regulatory Capital, RWA, Stress Testing and related (FRTB, CCAR, Basel III, Basel III reforms, referred to as Basel IV) in a large systemically important bank or management consulting firm
**Job Band:**
H4
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
0
**Job Description:**
This role resides in the Enterprise & Legal Entity Capital Management group within Corporate Treasury. The group is responsible for the planning and forecasting of capital across different macro-economic and idiosyncratic scenarios varying in severity across the capital-planning continuum, ranging from business as usual to stress environments, including: CCAR/DFAST and Recovery and Resolution. Key business partners include: Balance Sheet Management, Corporate Planning, Global Funding, Global Liquidity Management, Enterprise Stress Testing, and Corporate Strategy.
This role requires a highly motivated individual skilled in strategic thinking and project management, with the following key responsibilities:
+ Execute strategic capital projects and initiatives to aid capital planning and decision making process
+ Perform key capital planning responsibilities such as maintenance and update of capital plan and policies
+ Participate in assessment of capital adequacy across the capital-planning continuum, including support of weekly and quarterly capital processes
+ Design and produce presentations for Senior Management and the Board of Directors
+ Support capital planning and stress testing process enhancements and internal control initiatives
+ Manage and execute ad hoc requests/inquiries from senior management, regulators and other stakeholders
**Required Skills:**
+ Bachelors degree in Finance, Accounting, Business or related field, MBA is a plus
+ 10+ years' experience of working in Financial Services industry
+ 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
+ Ability to work independently in a fast-paced environment while multitasking and meeting strict deadlines
+ Project management skills; able to quickly structure an approach to address new problems
+ Robust problem solving and analytical skills, with diligence and superior attention to detail
+ Strong influencing, facilitation, and partnering skills
**Desired Skills:**
+ Familiarity with financial services regulatory environment and capital planning supervisory expectations
+ Experience in Regulatory Capital, RWA, Stress Testing and related (FRTB, CCAR, Basel III, Basel III reforms, referred to as Basel IV) in a large systemically important bank or management consulting firm
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-22057278
Band: H4
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Pam Birlet
Referral Bonus:
0
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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