Job Description:

　　Enterprise Financial Risk (EFR) seeks to deliver effective independent risk management of the activities and processes associated with managing the Company's capital, liquidity and interest rate risks, including price risk in the CFO managed securities portfolio. As the Chief Risk Officer (CRO) function covering the Chief Financial Officer (CFO) Group, we also bring together a holistic point of view across all seven risk types for the Company's CFO.

　　The team helps Bank of America grow responsibly through developing our teammates, promoting a diverse and inclusive culture, and approaching our work with intellectual curiosity. EFR delivers its mission through a steadfast commitment to its values: cultivating diversity of thought and valuing different perspectives and experiences; promoting learning, fostering relationships and creativity; developing talent, advancing careers, and creating leaders within Global Risk Management and across the company. Our goal is to ensure that a healthy and sustainable liquidity, capital, and interest rate risk (IRR) profile is maintained through baseline economic scenarios, as well as during times of market and idiosyncratic stress.

　　EFR Team / Division: Financial Risk Analytics

　　The Finance Risk Analytics team within EFR provides critical data driven analytical functions to the risk managers by offering advanced analytics, tools and solutions that enable us to form the independent point of view from the 2nd line of defense.

　　Role Summary: Financial Risk Analytics Manager

　　The Financial Risk Analytics Manager will drive the fundamentals of an effective liquidity, capital, and interest risk program and ensure BAC's processes helps us appropriately manage financial risks to enable responsible growth. As a Risk horizontal team, it is our role to ensure that all elements of the Financial Risk Program limits, models, and tools as well as their associated assumptions operate effectively across respective coverage teams. Key components of the Financial Risk Management program include appropriate risk identification, inclusion of material risks in various stress models and scenarios, review of stress results to understand changes in risk drivers and their assumptions, and connectivity of stress results to the risk appetite and risk metrics.

　　Key Responsibilities

　　• Drive and execute analytic agenda to buildout core quantitative capabilities as a 2 LOD in interest rate, liquidity, and capital risk management

　　• Partner with Treasury to develop ad hoc management scenarios + sensitivity analysis of liquidity, interest rate, and capital risks; including developing sensitivity tools and monitoring

　　• Develop research and analysis techniques for a forward-looking view of financial risks in coordination with the EFR managers, including participating in 2nd line risk assessments and working groups with Treasury (to understand financial risk drivers)

　　• Analyze underlying drivers of financial risks through both actual and modelled stress flows of liquidity, capital, and NII. Consider alternative or improved models/assumptions. Analysis to support the 2nd line financial risk metrics and analysis of 1st line financial risk models

　　Core Competencies

　　• Communication- Can articulately paint credible pictures & visions of possibilities and likelihoods

　　• Resilience- Deals effectively with pressure; remains optimistic and persistent, even under adversity. Recovers quickly from setbacks. On occasion required to take an unpopular stand

　　• Collaboration- Develops networks and builds alliances; collaborates across boundaries to build relationships and achieve common goals. Influencing and negotiating across external stakeholders (regulators) as well as internal groups including LOB Risk teams, Corporate Treasury, GRRP, Audit & Compliance to drive execution

　　• Interpersonal Skills- Treats others with courtesy, sensitivity, and respect. Considers and responds appropriately to the needs and feelings of different people in different situations

　　• Leveraging Diversity- Fosters an inclusive workplace where diversity and individual differences are valued and leveraged to achieve the vision and mission of the organization. Exposure and involvement with Employee Engagement initiatives including supporting Diversity & Inclusion efforts

　　Key Requirements

　　• Proficiency with formal quantitative techniques (linear/logistic regressions, clustering algorithms, data transformation techniques, etc.)

　　• Minimum 4-7 years of experience in a quantitative risk management role

　　• BS or MS in a quantitative field (e.g. mathematics, engineering, or quantitative finance)

　　• Experience with data analytics and visualization tools (e.g., Alteryx, Tableau, MicroStrategy)

　　• Attention to detail and ability to work with minimal supervision

　　Critical Success Measures and Skills the Candidate Will Develop

　　• Demonstrate liquidity, capital, and interest rate risks are appropriately monitored, measured and mitigated through program activities

　　• Ensure we are providing high quality insights from an independent risk perspective

　　• Connection to and execution of responsibilities of the independent review function, as it relates to core program requirements

　　• Deliver against the book of work for Enterprise Financial Risk Management

　　• Develop and demonstrate business acumen for Finance risks (Capital, Liquidity and Interest rate risk) and the mitigants across BAC.

　　• Understanding Top of House risk management and the inter-connections across balance sheet management, asset-liability management, capital, liquidity, and interest risk management

　　• Knowledge and exposure across BAC's Line of Businesses, Legal Entities, products.

　　An understanding of the fundamentals of an effective stress testing program

　　Shift:

　　1st shift (United States of America)

　　Hours Per Week:

　　40