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Bank Of America Enterprise Capital Management - Senior Financial Analyst 
United Kingdom, England, City of Westminster 
15282427

25.06.2024

Job Description:

Job Title:Enterprise Capital Management - Senior Financial Analyst


Corporate Title:Vice President

Partnering with other control functions, ECM manages external disclosures related to capital management including 10Q, 10K, Pillar 3 disclosures and other regulatory filings‎. ECM interfaces with banking regulators globally on all capital related matters.

Responsibilities:

  • Provide technical leadership in the evolving regulatory landscape, to drive a common understanding of where and why proposed regulations will impact capital requirements, this will require a good understanding of the relevant capital regulations for international jurisdictions where BAC has branches or subsidiaries, with specific focus on future regulations

  • Have a good understanding of prudential credit and counterparty risk and capital numerator concepts

  • Review new and changing requirements and be able to summarise the changes to senior management, risk teams and the business

  • Be involved in writing/reviewing business requirement documents.

  • Carry out impact assessment on new or changing prudential capital requirements, new product review and non-standard transactions.

  • Provide prudential regulatory technical advice through verbal and written responses, this will include interpretations, policy advise and trade advice to the business

  • Partner closely with the business lines, risk and CFO teams to support enterprise capital management objectives and/or legal entity strategy

  • Lead capital management activities and drive initiatives which optimise capital ratios and international regulatory strategy

  • Review compliance of new regulatory initiatives and support the integration into BAU capital management activities and disclosures

  • Help drive out the evolving nature of the team’s remit, including the development and delivery of high-quality bespoke capital regulatory analysis

What we are looking for:

  • Require knowledge and practical application of European and UK prudential rules and upcoming regulatory changes and be able to understand international regulations

  • The ability to analyse complex prudential regulations and report and produce executive level summaries

  • Strong organisational skills, ability to prioritise & manage multiple tasks and manage complex regulatory projects

  • The need to escalate in a timely manner and ensure adequate resolution of issues

  • knowledge and understanding of practical application of market, credit, operational risk is preferred

  • Detail-oriented, proactive in every approach and the ability to work under pressure in a fast-paced environments

  • Ability to be flexible and adapt to changing environments and priorities

  • Adapting your behaviour to build relationships with a wide range of people at different levels

  • You will need to be highly persuasive to get the information at the right time and influence others to achieve the right outcome

  • Monitoring progress against objectives/deliverables and responding to unforeseen events

UK

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

  • 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

  • Access to an Employee Assistance Program for confidential support and help for everyday matters

  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.