Financial Analyst - Global Liquidity Management

Job Description:

Job Title: Financial Analyst - Global Liquidity Management

Corporate Title: Up to VP

Location: Chester

Company 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:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Team:

• The Global Liquidity Management (GLM) team is responsible for the timely preparation of liquidity reporting across the organisation with teams based across global locations
• The 28 member Chester team has historically been specifically focused on all EMEA based reporting with requirements to regulators in the UK, Ireland and across the EU
• This exciting new opportunity to onboard more global focused work will allow for new and exciting work to come into Chester and will complement the existing responsibilities
• In GLM, associates have exposure to all the various products in which the bank does business. The team works closely with a number of other areas within the Chief Finance Office division, including Data Management, Line of Business finance as well as the Financial Controller team in order to develop a good working knowledge of the business operations as well as the various financial reporting capabilities and requirements
• This role will specifically be aligned with the Strategic Liquidity Management team within GLM, focused on Treasury Products including debt, cash, intercompany and the Company’s high-quality liquid assets (HQLA) portfolio
• The team also partners with the global teams to work on the continued enhancement of the available technologies as well as sharing best practices on efficiency and operational excellence
  
  

Responsibilities:

• Measure, analyse, monitor, and report on the bank's spot liquidity position, supporting regulatory and management liquidity reporting
• Understand liquidity reporting rules and data requirements
• Engage with Global Funding, Line of Business and other key stakeholders to understand and anticipate changes in business activity, and associated impacts to liquidity metrics
• Engage with CFO Data Management and other key stakeholders to understand and anticipate changes in debt data, as well as to improve liquidity risk reporting accuracy, process and controls
• Enhance processes to streamline reporting and build out additional analytical capabilities
• Perform system testing and understand impacts to end to end liquidity processes
• Ensure documentation and reporting controls are up to date, managing operational risk in the process
• Provide input into monthly and quarterly reporting, disclosures, and presentations for Risk Committees, Board of Directors, and enterprise and local regulators
• Work on ad-hoc projects for senior management and/or regulators
  
  

What we are looking for:

• Educated to Degree Level
• Excellent Excel skills including data manipulation
• Analytical experience & attention to detail
• Good understanding of complex financial products, specifically with a focus on vanilla and structured debt products
• Experience in preparing presentations for senior management and regulators
• Experience partnering with various levels of the organization, problem solver
• Intellectual curiosity, organized and able to work on multiple tasks with limited supervision
  
  

Preferred:

• Experience developing, implementing and maintaining reporting in a consistent manner
• Experience in Corporate Treasury, ideally with a financial institution
• Experience in Global Markets and/or Line of Business Experience
• Experience in regulatory reporting
  
  

Benefits of working at Bank of America:

UK

• Private 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 partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The 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 emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’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 sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants 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.