Job details

Liquidity Management Manager

Position: Global Liquidity Management ManagerJob Description: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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Responsibilities:• Measures, analyzes, monitors, and reports on spot and forecasted liquidity positions, providing guidance to business units to improve liquidity position, and supporting regulatory and management liquidity reporting.• Oversees processes, risks, and controls, tracking and monitoring issues to ensure adherence with policies, risk standards, and compliance with internal and regulatory liquidity reporting requirements.• Partners with other internal businesses, determining limits, guidelines, and direction, ensuring alignment with overall business objectives and the enterprise risk framework.• Analyzes liquidity risk trends relating to business activities and correlations between business drivers and liquidity usage, building out enhanced liquidity reporting.• Interprets and responds to liquidity regulations, ensuring documentation is in compliance with regulatory requirements.• Leads presentations and meetings with various risk and management committees, senior management, and/or regulators.• Provides coaching and development opportunities to Analyst teammates.• Manages the New Product Approval and Liquidity Risk Assessment processes for the GLM Banking product support team, a crucial function ensuring new products and strategies do not put the firm’s liquidity position at risk.• You will be an individual contributor with opportunity to partner directly with the Deposits, Loans, and Commitments lines of business, as well as Risk, Data Management, Enterprise Capital Management, Balance Sheet Management, and other members of the GLM team.• You will have the opportunity to learn and participate in other key GLM functions as time allows.Required Qualifications:• Minimum 3 years financial services experience.• Data lineage and analysis experience.• High attention to detail.• Financial analysis experience.DesiredQualifications:• Minimum 5 years financial services experience.• Undergraduate degree in finance, accounting, data systems, or a related field.• Experience in liquidity, capital, or balance sheet analysis.• Business partnering experience across variety of groups.Skills:• Analytical Thinking.• Financial Forecasting and Modeling.• Liquidity Management.• Regulatory Compliance.• Scenario Planning and Analysis.• Business Acumen.• Data and Trend Analysis.• Policies, Procedures, and Guidelines.• Reporting.• Risk Management.• Critical Thinking.• Financial Management.• Monitoring, Surveillance, and Testing.• Stakeholder Management.• Strategic Thinking.Shift: 1st shift (United States of America)Hours Per Week: 40#J-18808-Ljbffr

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$220900 / ANNUAL (est.)

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$177K

$265K

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What You Should Know About Liquidity Management Manager, Bank of America

At Bank of America, we're on the lookout for a talented Liquidity Management Manager to join our dynamic team in Charlotte, NC. This role is all about helping us navigate the complexities of liquidity positions, providing critical insights through comprehensive analysis, and making a significant impact on our financial health. As a Liquidity Management Manager, you’ll measure, analyze, and report on both current and forecasted liquidity, ensuring we’re not just compliant but thriving as we manage risks and enhance our reporting processes. You will find yourself collaborating with various internal teams, developing guidelines, and aligning liquidity strategies with the broader objectives of our organization. Beyond the numbers, your leadership will shine as you coach and mentor Analyst teammates, empowering them to grow in their roles. We value diversity, and at Bank of America, you’ll find an inclusive culture that genuinely supports your career development while fostering an environment where every individual contributes to our community’s success. If you're ready to take the next step in your career while promoting responsible growth, we would love to have you on board!

Frequently Asked Questions (FAQs) for Liquidity Management Manager Role at Bank of America

What are the key responsibilities of a Liquidity Management Manager at Bank of America?

The Liquidity Management Manager at Bank of America plays a vital role in measuring and analyzing liquidity positions, monitoring forecasts, and preparing detailed reports. This position also involves guiding business units to enhance their liquidity positions while ensuring compliance with internal and regulatory requirements. Additionally, the manager oversees processes related to liquidity risk, coaches Analyst teammates, and represents the liquidity function in discussions with risk committees and senior management.