Develop strategies for funding execution, assessing market capacity, diversification, and financial impacts based on qualitative and quantitate analysis
Manage real-time deal execution process of debt and capital instrument offerings and communicate relevant deal updates to internal leadership and regulators
Analyze, propose, and execute strategic liability management actions to achieve targeted optimization of key metrics (P&L, NII, regulatory ratios, etc.)
Monitor and analyze trends in the primary and secondary global debt and capital markets, with a primary focus on BAC and peer debt and capital instruments, to provide market insight, communicate risks and actionable recommendations to Global Funding leadership
Engage with external counterparties (syndicate, debt capital markets, traders and diversity firms) on markets and deal-related dialogue
Maintain knowledge of current and proposed regulations to understand potential market and company-specific impacts
Monitor market environment and anticipate how external market factors may affect access to funding. React appropriately and elevate key risks
Ensure ready access to market funding sources, including operational preparedness and program documentation necessary to transact across all product capabilities of the desk
Produce liability and capital footprint analytics for management reporting and ad hoc financial analysis
Produce concise presentations and email summaries of market analyses and conclusions
Participate in stress testing and recovery and contingency planning exercises, providing expertise on funding dynamics in various scenarios
Prepare routine materials for regulators and coordinate responses to ad hoc requests
Perform ad-hoc projects, financial analysis related to the Company's debt and capital security footprint and prepare management reporting
Implement routines and a robust control environment that achieves compliance with all policies, procedures and directives relating to execution
Engage with Global Markets team to understand structured note forecasts, risks, and opportunities to facilitate responsible growth of business
Required Qualifications:
7+ years finance or markets experience (Treasury, Trading, or Finance)
Understanding of markets, liquidity, financial math and risk
Strong Excel and PowerPoint skills
Strong analytical and decision-making skills
Critical thinking, attention to detail, analytical and investigative problem solving skills
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
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
Comfortable leading an initiative as well as playing a support role on a broader team
Desired Qualifications:
Undergraduate degree with economics, finance, or quantitative focus or related work experience
Strong understanding of fixed income and currency markets, in particular debt and capital instruments
Familiarity with financial regulatory environment
Bloomberg and other market sources
SQL and/or other advanced data manipulation skills