Capital Management Finance Analyst
Company: Disability Solutions
Location: Charlotte
Posted on: May 4, 2024
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Job Description:
Job Description:At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day.One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Job Description:Responsible for more complex
finance activities around capital calculation, reporting and/or
analysis to support the Bank's Capital Initiatives. Must have a
thorough understanding of Basel III. Can work independently. May
provide supervision to a small staff. Supports achievement of
business goals by working on more complex activities or projects
within the unit and with partners.The Capital Management Finance
Analyst is part of the Enterprise Capital Management (ECM) team and
assists in the timely and accurate preparation of the company's
regulatory capital results; researches causes of unanticipated
capital changes; end-to-end review, analysis, and implementation of
new capital regulations; and ad-hoc analytical reporting to senior
management and regulatory agencies. Success requires understanding
of regulatory capital and accounting rules and the ability to
formulate means by which answers may be derived from large sets of
data.ECM is a global team of more than 100 professionals
responsible for the efficient and prudent management of the
Corporation's as well as its subsidiaries' capital across the
enterprise globally. ECM implements the Board's capital management
strategy including issuance, redemption or repurchase of common
stock and other capital instruments. ECM works closely with lines
of business and guides them to efficiently and proactively manage
the enterprise's capital including design and implementation of
capital allocation methodologies. ECM also recommends capital
related financial resource limits to senior management. In
addition, ECM produces and monitors regulatory capital metrics
including capital adequacy ratios, leverage exposure and
risk-weighted assets and oversees the end-to-end capital
measurement process across the enterprise. 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.The candidate will focus on
driving complex calculations and reporting of capital for Wholesale
loans, including consideration of any new regulations.Skills:
Keywords: Disability Solutions, Gastonia , Capital Management Finance Analyst, Accounting, Auditing , Charlotte, North Carolina
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