At a Glance
- Tasks: Drive optimal liquidity strategies and oversee bank-wide liquidity management.
- Company: Join Bank of America, a leader in financial services with a caring culture.
- Benefits: Enjoy competitive pay, flexible benefits, and a supportive work environment.
- Other info: Collaborative workplace with opportunities for growth and innovation.
- Why this job: Make a real impact on financial lives while developing your career.
- Qualifications: Strong analytical skills and a passion for financial management.
The predicted salary is between 49500 - 60500 £ per year.
This job is responsible for influencing and driving optimal bank-wide liquidity strategies by Lines of Business (LOBs) and legal entity in business as usual (BAU) and stress scenarios. Key responsibilities include:
- Overseeing and influencing liquidity utilization across the organization and providing input into process and control designs, operational risk mitigation, issue management, automation, and other initiatives across the bank.
- Measuring, analyzing, monitoring, and reporting on the bank's spot and forecasted liquidity position, providing guidance to business units to improve liquidity position, and supporting regulatory and management liquidity reporting.
- Overseeing processes, risks, and controls and tracking and monitoring issues to ensure adherence with policies, risk standards, and compliance with internal and regulatory liquidity reporting requirements.
- Partnering with other Lines of Business (LOBs) to determine limits, guidelines, and direction, ensuring alignment with overall business objectives and the bank's risk framework.
- Monitoring liquidity risk trends relating to business activities and correlations between business drivers and liquidity usage and building out enhanced liquidity reporting.
- Reviewing liquidity regulations and ensuring documentation required for compliance is up to date with regulatory requirements.
- Streamlining reporting processes and building out analytic capabilities using emerging technology (e.g., Alteryx, Tableau, etc.).
- Providing input into monthly and quarterly reporting, disclosures, and presentations for Risk Committees, Board of Directors, and enterprise and local regulators.
Key skills include:
- Analytical Thinking
- Financial Forecasting and Modeling
- Liquidity Management
- Regulatory Compliance Reporting
- Attention to Detail
- Benchmarking
- Data and Trend Analysis
- Financial Analysis
- Scenario Planning and Analysis
- Business Acumen
- Financial Management
- Monitoring, Surveillance, and Testing
- Policies, Procedures, and Guidelines
- Risk Management
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.
Financial Analyst - Global Liquidity Management employer: Bank of America Corporation
At Bank of America Bromley, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel. As a Senior Data Platform Engineer, you will not only have the opportunity to work with cutting-edge technologies like Spark and Kubernetes but also benefit from extensive professional development and mentorship programmes. Our commitment to employee growth, combined with a supportive team environment, makes us an exceptional employer for those looking to make a meaningful impact in the financial sector.
Contact Details:
Bank of America Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Analyst - Global Liquidity Management
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bank of America Corporation. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Analyst - Global Liquidity Management
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bank of America Corporation.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bank of America Corporation's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bank of America Corporation
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bank of America Corporation.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bank of America Corporation will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bank of America Corporation employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
