Senior Manager

Job Description:

About us

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!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview

The Balance Sheet Management (BSM) - Treasury Analytics and Forecasting (TAF) team is part of the Chief Financial Officer organization and performs analysis and finance support for Corporate Treasury positions. This includes providing executive management with accurate and timely analysis of the balance sheet, net interest income (NII), and non-interest income across actuals and forecast. The team provides support for the corporation's ALM portfolio which includes Debt Securities and various derivatives used to manage the company's interest rate risk. Additionally, the team provides finance support for other treasury activities including BOLI and hedging of non-qualified deferred compensation.

This position will specifically focus on various types of debt securities and associated interest rate risk hedging programs. Responsibilities include daily review and reporting of portfolio results with a focus on hedge performance, and ad-hoc trade analysis in support of treasury activities. Our business partners include the Chief Investment Officer (CIO) team, Balance Sheet Management, Capital, Liquidity and Accounting Policy.

• Daily, Monthly and Quarterly analysis of portfolio trends including hedging activities and valuation changes. Daily substantiation of multiple portfolio positions.
• Drive process improvement initiatives to streamline reporting processes

• This role will require direct communication with business partners. The ideal candidate should possess excellent communication skills.
• Working knowledge of SQL and advanced Excel skills: We leverage data warehouses which require working knowledge of SQL and working with large amounts of data in excel. Ideal candidate is expected to use advanced excel functions and create executive level summary reports.
• Finance Support Experience
• Experience in Finance, Business, Accounting, Quantitative Analytics, or Economics
• Ability to manage multiple priorities in a time sensitive environment
• Data analysis and reporting experience
• Technical and ET skills to drive Opex (SQL, VBA, Tableau, Alteryx, Python a plus)

• Experience analyzing fixed income securities and interest rate derivatives