1+ months

Bank Funding Analyst

Charlotte, NC 28230
**Job Description:**



**Role Overview**



This role is on the Strategic Asset and Liability Management (SALM) team within Treasury; specifically the US Bank and Parent Company Team. The role has responsibility for Position Management including the daily cash position, short-term liquidity forecasts, coordination with tactical and strategic funding efforts, internal funding execution, and ongoing analytics to optimize deployment and funding actions.



**Job Description**



SALM employees interact daily with internal and external constituents including business lines, other Treasury functions such as Balance Sheet Management (BSM), Finance, Capital Management and Global Liquidity Management, internal control partners, regulators, market participants and investors. SALM strives to utilize its global presence to provide efficient funding strategies across the enterprise in the most cost effective manner, while managing the risks associated with those strategies. The US Bank and Parent Team are tasked to forecast the sources and uses of funds across the US Bank and Parent (Holdco) taking into account business input and projected market conditions in order to manage effectively the Corporations key cash and liquidity positions. Implementation of our funding and hedging strategies necessitates flawlessly executing transactions with internal and external counterparties in accordance with liquidity constraints, internal guidelines, legal limitations and regulatory directives.



This role requires critical thinking about the many challenges facing our company and industry with an emphasis on attention to detail, teamwork and strong communication skills. The Treasury group provides an opportunity to gain broad knowledge about the company and its many businesses as well as the global markets in which we transact. Your day to day experience will be varied and challenging, and will allow you to extend your skills within various disciplines, such as market analysis, short term money markets & real time liquidity risk management.



Key Responsibilities:



+ Participate in BANA cash and liquidity forecasting routines to identify risks and ensure compliance with relevant liquidity risk metrics

+ Engage with business partners including BSM, GLM, and CFO Risk to analyze balance sheet changes, identify subsequent risks to the liquidity and cash position

+ Execute intercompany funding transactions, supporting USD funding needs of non-US branches and subsidiaries

+ Participate and drive Technology initiatives to integrate SALM capabilities (including integration across Treasury groups) and to further enhance tools to manage liquidity risk globally

+ Develop thorough understanding of Federal Reserve monetary policy. Analyze impacts to short-term money market rates and liquidity resulting from changes in Fed policy

+ Perform extensive ad-hoc financial analysis related to funding risks and opportunities

+ Assist in coordination and completion of both internal and external audits and regulatory related exams

+ Ensure that a robust control environment is maintained through compliance with all policies, procedures and directives



_Enterprise Role Overview_



_Accountable for a specific trading activity. Understanding of liquidity management, bank funding strategy, money markets, economic indicators and Federal Reserve programs. Works closely with the Senior Trader and Bank Funding Managers to make optimal trading decisions to execute the funding strategy set forth. Ability to appropriately balance; liquidity, price, risk and other key factors within established guidelines. Ability to make quick market decisions independently. Contribute knowledge and expertise regarding funding and liquidity to day to day Funding Desk responsibilities. Responsible for pricing, executing and recording trades, ensuring operational cohesiveness and performing investor and dealer analysis. Evaluate funding opportunities with partners across the companies and provide recommendations based on thorough analysis to senior management. Execute funding transactions across international entities._



**Required Skills and Experience:**



+ Undergraduate degree with quantitative focus / prefer finance, accounting or engineering major

+ Minimum two years treasury (asset liability management), finance (bond math, analytics, balance sheet, cash flows) or trading (traded or monitored/reported on trading strategies) experience

+ Strong analytical, investigative problem-solving, and decision making skills

+ Advanced Excel skills

+ Experience streamlining/improving processes

+ Ability to thrive in a fast paced, demanding environment, adapt to changing priorities and demonstrate initiative

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

+ Ability to work independently, with a team, with minimal supervision and efficiently prioritize tasks

+ Ability to communicate effectively across a broad range of constituents in verbal, written and presentation forms

+ Ability to build and maintain strong relationships across the Enterprise

+ Comfortable leading an initiative as well as playing a support role on a broader team



**Desired Skills and Experience:**



+ Familiarity with financial regulatory environment

+ Bloomberg and other market sources

+ SQL and/or other advanced data manipulation skills

+ CFA



**Posting Date** : 10/10/2018



**Location** :

Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,

- 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.

Industry

  • Banking / Finance
Posted: 2018-11-14 Expires: 2019-02-13

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Welcome to Careers at Bank of America.


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Bank Funding Analyst

Bank of America
Charlotte, NC 28230

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