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!
Responsible for building, consolidating and reporting stress testing results for EST management. Performs complex analysis related to earnings, balance sheet, capital and liquidity as well as associated risk exposures. Provides analytical support for explaining business/forecast strategies in the context of baseline and stress forecasts. Reviews and analyzes trends in stress results to best understand implications both internal and externally. Understands complex interactions between economic and operational factors and their resulting impact to product, business line and financial results & position of the company. Challenges assumptions and results and is comfortable communicating and influencing business partners based on these results. Can quickly build credibility with partners. Duties primarily include the regular use of discretion and independent judgment. Requires strong analytical, , influencing and communication skills. Comfortable with a dynamic, fluid work environment with tight deadlines. Experience with risk management, finance and/or accounting preferred.
Skills: Controls Management
Internal Audit Review
Issue Management
Monitoring, Surveillance, and Testing
Regulatory Relations
Benchmarking
Data and Trend Analysis
Interpret Relevant Laws, Rules, and Regulations
Regulatory Compliance
Risk Management
Data Governance
Data Modeling
Financial Analysis
Financial Forecasting and Modeling
Policies, Procedures, and Guidelines
Minimum Education Requirement: Bachelor's Degree in related field
Role Responsibilities: Assist with design and production of climate change scenarios
Ensure compliance with regulatory requirements and guidance
Review and challenge of regulatory and internal climate scenario stress results
Production of presentation materials
Work with external teams to help them embed climate into their stress testing processes
Enhancement and automation of existing processes
Required: Demonstrate understanding of Climate Change risk management and/or stress testing
Ability to understand impacts of adverse economic and market scenarios
Understanding of income statement, balance sheet, capital and liquidity positions
Understanding of the Company's FLUs / CFs and how our business operates
Strong organizational and time management skills
Detail oriented with the ability to analyze complex issues
Ability to navigate in a highly complex organization and operate effectively in changing environment
Ability to manage multiple tasks successfully and efficiently in a fast paced, regulatory driven environment
Proficient with MS PowerPoint (tables, graphs, etc.) and Excel (critical)
Desired: Certified Public Accountant or Chartered Financial Analyst
Prior Risk Management, Audit, Compliance, Governance Experience
Understanding of financial reporting systems, legal entities, and/or role of regulatory authorities
Shift:
1st shift (United States of America) Hours Per Week:
40
