Bank Of America Enterprise Capital Management - Finance Manager 

United States, New York, New York 

735544149

Line of Business Responsibilities:

• Serve as the subject matter expert on risk-weighted assets for these business
• Solid knowledge of current Basel capital rules, including counterparty credit risk calculations,CVA and market risk rules
• Solid knowledge of new Basel capital rules, including SACCR and FRTB
• Identify and drive execution of RWA optimization opportunities (both advanced and standardized); evaluation and monitoring GSIB capital surcharge
• Collaborate with business partners including line of business, risk, legal and finance and data/calculations teams to ensure appropriate RWA calculations and represent capital on cross-functional initiatives
• Provide detailed / technical analysis of the impact of new or changing regulations and develop options for potential advocacy, including QIS work
• Build relationships with partners and ensure appropriate level of capital knowledge

General Responsibilities:

• Produces and monitors regulatory and internal capital metrics including capital adequacy ratios, leverage exposure, total loss-absorbing capacity (TLAC), and risk-weighted assets (RWA)
• Oversees capital measurement and model implementation for RWA calculations, baseline, and stress forecasts and works with Global Risk Analytics (GRA) and Technology and Data Management to propose, design, and test enhancements on the capital and model implementation process
• Provides key metrics and data to Centralized Regulatory Reporting (CRR) and Investor Relations for external regulatory filings, releases, and disclosures, including Federal Financial Institutions Examination Council (FFIEC) 101/102, HC-R, Pillar 3, 10-Q/K, and Y-14A
• Partners with Lines of Business (LOBs) to integrate capital considerations into the LOBs' strategic plans and to advise and execute on RWA optimization strategies
• Develops Capital Plans, Internal Capital Adequacy Assessment Processes (ICAAPs), Resolution Plans, and Recovery Plans, creates capital content, and monitors ongoing capital adequacy
• Serves as a subject matter expert on regulatory requirements and calculations for capital and/or RWA including exposure areas, such as Market Risk, Counterparty Credit Risk, Retail, Securitization, and Securities
• Maintains capital management processes and controls and addresses inquiries from Risk, Corporate Audit, and external auditors

Required Qualifications:

• 8+ years of experience with financial markets products and businesses
• Technical background, including Engineering or Technical Sciences
• Proficiency in SQL
• Experience working with large databases, and identifying and correcting data problems
• Solid analysis, communication, organization, and presentation skills

Qualifications:

• Experience in Capital Management, or Credit or Market Risk Management
• Proficiency in Python and Excel VBA
• Knowledge of derivative products and risk management
• Project management experience

Skills:

• Analytical Thinking
• Data and Trend Analysis
• Financial Forecasting and Modeling
• Regulatory Compliance
• Scenario Planning and Analysis
• Business Acumen
• Interpret Relevant Laws, Rules, and Regulations
• Policies, Procedures, and Guidelines
• Reporting
• Risk Management

1st shift (United States of America)