1+ months

Finance/Risk Management - Stress Testing Consultant

Charlotte, NC 28230
**Job Description:**

The Enterprise Stress Testing (EST) group evaluates alternative scenarios (e.g., adverse macroeconomic environments, specific shock scenarios, and others) and is responsible for analyzing how these scenarios impact the companys projected earnings, balance sheet, capital and liquidity positions. EST works with business, finance, and risk leaders throughout the organization to analyze the impacts and ultimately report scenario results to senior executive management.

The Stress Testing Consultant will help support key aspects of the end-to-end EST process and will have specific responsibility for analyzing and reporting stress test results to executive management. This is a unique opportunity to join an enterprise-wide function, gain exposure to businesses and financial drivers across the companys products and businesses, and work with leaders across the organization.

Role Summary:

Contribute to EST efforts for certain forecasting work streams, including review and challenge function of forecast results, key assumptions, modeling enhancements, and other regulatory expectations as they arise

Review and analyze trends in stress results to best understand implications both internally and externally

Assist with end-to-end challenge documentation efforts

Build relationships with key business partners to fully understand their forecast process and results, while serving as a challenge function and providing guidance on expectations and deliverable's

Address regulatory expectations for continuous improvement, including addressing regulatory MRA's

Enhance EST documentation and understanding of key inputs

Support general analytics related to the execution of the quarterly EST cycle

Required Skills:

2-5 years of Finance / Risk Management experience

Experience analyzing and reporting stress test results preferred

Strong Excel and PowerPoint skills

Strong analytical skills

Detail oriented

Ability to translate business concepts to financial impacts

Strong communication skills

Strong relationship building and interaction skills


Strong teamwork skills

Self-starter with the ability to problem solve in both a team environment and in solo situations

Job Profile Summary

Responsible for building, consolidating and reporting stress testing results for EST management. Performs complex analysis related to earnings, balance sheet, capital and liquidity as well as associated risk exposures. Provides analytical support for explaining business/forecast strategies in the context of baseline and stress forecasts. Reviews and analyzes trends in stress results to best understand implications both internal and externally. Understands complex interactions between economic and operational factors and their resulting impact to product, business line and financial results & position of the company. Challenges assumptions and results and is comfortable communicating and influencing business partners based on these results. Can quickly build credibility with partners. Duties primarily include the regular use of discretion and independent judgment. Requires strong analytical, , influencing and communication skills. Comfortable with a dynamic, fluid work environment with tight deadlines. Experience with risk management, finance and/or accounting preferred.

**Posting Date** : 08/07/2019

**Location** :


- United States

**Travel** : No

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

**Hours Per Week** : 40

**Shift** : 1st shift

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**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.

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  • Banking / Finance
Posted: 2019-08-09 Expires: 2019-09-28

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Finance/Risk Management - Stress Testing Consultant

Bank of America
Charlotte, NC 28230

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