Global Liquidity Management Senior Analyst - Traded Products Resolution Plan
New York, New York;Charlotte, North Carolina
**Job Description:**
Global Liquidity Management is part of the Corporate Treasury organization and responsible for measuring, monitoring, and analyzing the enterprise's liquidity utilization in order to ensure Bank of America and its subsidiaries can meet all contractual and contingent financial obligations through typical market cycles, as well as, periods of stress.
The senior analyst will be a member of the Traded Products Liquidity Management team. Their primary focus will be providing product subject matter and processing expertise for modeling the liquidity impacts of the derivatives and trading business unwind, a key component of the enterprises Resolution Plan capability. Associate will provide analysis and assessment of liquidity impacts of the business unwind based on counterparty profiles, contractual obligations, and contingent risks.
Specifically to this role, the responsibilities include:
+ Enhance and develop liquidity stress model assumptions for stress testing
+ Engage with Global Markets line of business and BFO teams to understand how business flows will impact liquidity metrics across entities. Strategize with business partners for opportunities to increase efficiency in managing these impacts and develop or validate liquidity stress assumptions
+ Monitor and trend liquidity risks relating to business activities, understand correlation between business drivers and liquidity usage and build out enhanced granularity on executive reporting for global markets usage.
+ Analyze new business initiatives and products to assess their liquidity and funding risks
+ Interpret liquidity regulation and ensure documentation for firms compliance with regulatory requirements are up to date
+ Provide input into frequent presentations for Risk Committees, Board of Directors, Enterprise and Local Regulators
+ Support other ad hoc projects within Liquidity Management
Required Skills:
+ Bachelors degree in Business or related work experience
+ 5+ years of industry experience working with financial products
+ Active experience liaising with business managers within a large Bank
+ Energetic and self-motivated. Candidate should have a strong intellectual curiosity
+ Strong quantitative background including excel modelling
**Job Band:**
H5
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
0
**Job Description:**
Global Liquidity Management is part of the Corporate Treasury organization and responsible for measuring, monitoring, and analyzing the enterprise's liquidity utilization in order to ensure Bank of America and its subsidiaries can meet all contractual and contingent financial obligations through typical market cycles, as well as, periods of stress.
The senior analyst will be a member of the Traded Products Liquidity Management team. Their primary focus will be providing product subject matter and processing expertise for modeling the liquidity impacts of the derivatives and trading business unwind, a key component of the enterprises Resolution Plan capability. Associate will provide analysis and assessment of liquidity impacts of the business unwind based on counterparty profiles, contractual obligations, and contingent risks.
Specifically to this role, the responsibilities include:
+ Enhance and develop liquidity stress model assumptions for stress testing
+ Engage with Global Markets line of business and BFO teams to understand how business flows will impact liquidity metrics across entities. Strategize with business partners for opportunities to increase efficiency in managing these impacts and develop or validate liquidity stress assumptions
+ Monitor and trend liquidity risks relating to business activities, understand correlation between business drivers and liquidity usage and build out enhanced granularity on executive reporting for global markets usage.
+ Analyze new business initiatives and products to assess their liquidity and funding risks
+ Interpret liquidity regulation and ensure documentation for firms compliance with regulatory requirements are up to date
+ Provide input into frequent presentations for Risk Committees, Board of Directors, Enterprise and Local Regulators
+ Support other ad hoc projects within Liquidity Management
Required Skills:
+ Bachelors degree in Business or related work experience
+ 5+ years of industry experience working with financial products
+ Active experience liaising with business managers within a large Bank
+ Energetic and self-motivated. Candidate should have a strong intellectual curiosity
+ Strong quantitative background including excel modelling
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-22081333
Band: H5
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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