Senior Financial Analyst – Capital Management

Job title: Senior Financial Analyst – Capital Management

Company: Bank of America


Job description: Job Description:Job Title: Senior Financial Analyst – Capital ManagementCorporate Title: Vice PresidentLocation: DublinCompany Overview: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!Location Overview:Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.The Team:Enterprise Capital Management 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. The team 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 manage the enterprise’s capital including design and implementation of capital allocation methodologies efficiently and proactively.The team also recommends capital related financial resource limits to senior management. In addition, they produce and monitor regulatory and internal economic 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 and interfaces with banking regulators globally on all capital related matters.Role Description:The candidate will join the Enterprise Capital Management International team with a focus on providing subject matter expertise on both externally driven prudential regulations and internal capital management initiatives, primarily for the BAC entities and branches in the UK and EU. This is an exciting opportunity for an ambitious and skilled individual to join an established capital management team with an opportunity to thrive in a dynamic environment, requiring the ability to continuously learn and adapt, and develop proactive working relationships across all ranks and functions. The candidate will focus on the following:Responsibilities:Prepare capital, RWA and leverage forecasts under multiple scenarios for inclusion in key foundational documents such as ICAAP, Recovery Plans and Strategic Plans for EU entitiesPerform quarterly refreshes of capital, RWA and leverage forecasts including preparation of governance materials and MIS reportsContribute to RWA and capital forecasts for EU-wide stress testingUpdate model documentation and ensure adherence to internal policies and proceduresSupport the development of capital forecasting models in line with prudential regulatory requirements including credit and counterparty risk, market risk, operational risk and capital numerator conceptsDraft ICAAP documentation ensuring consideration of relevant EU regulatory requirements and guidancePartner closely with the business lines, Risk and CFO teams to support enterprise capital management objectives and/or legal entity strategyParticipate in capital management activities including initiatives which optimise capital ratios and international regulatory strategyHelp drive process improvements and contribute to culture of Operational ExcellenceWhat we are looking for:Education and knowledge:Degree in Accounting, Business, Economics, Finance or a related discipline. A postgraduate or professional qualification (e.g. CFA or ACA) would be an advantageExperience working in supervision or in a regulated credit institution, including practical application of European prudential rules and upcoming regulatory changesFamiliarity with ECB/SRB supervisory approaches and an understanding of EBA stress testing would be beneficialSkills and competencies:Ability to analyse complex financial data, translate assumptions into RWA and capital impacts and produce executive-level summaries and reportsExcellent organisational skills including the ability to prioritise and manage multiple tasks and complex projectsCapability to escalate issues in a timely manner and track status to ensure adequate resolutionDetail-oriented, control focused and proactive in every approachComfortable working under pressure in a fast-paced and changing environmentAbility to be flexible and adapt to new prioritiesAdapting behaviour to build relationships with a wide range of people at different levelsMonitoring progress against objectives/deliverables and responding to unforeseen eventsEnthusiastic self-starter who is comfortable to investigate and research new conceptsComfortable working will large data sets. Highly proficient in Microsoft Excel or other data/statistical packagesConfident communication skillsBenefits of working at Bank of America:IrelandPrivate 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 partnerCompetitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons20 days of back-up childcare and 20 days of back-up adult care per annumThe 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 Employee Assistance Program for confidential support and help for everyday mattersAccess to free counselling through the Employee Assistance Program and virtual GP services through our private health care planAbility to donate to charities of your choice and the bank will match your contributionOpportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’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.Bank of America:Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Expected salary:

Location: Dublin

Job date: Thu, 02 Jan 2025 06:13:23 GMT

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