Asset Liability Manager Hedge Accounting Lead

3 days ago

Charlotte, United States Disability Solutions Full time
Job 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 Description:

This job is responsible for overseeing all operational aspects of our industry leading ASC 815 hedge accounting processes. Key responsibilities will include end-to-end oversight of all applications, transactions, and compliance with ASC 815 accounting rules. Position will also serve as key project lead to expand our hedge strategies to enhance our ability to effectively manage the bank's macro-interest rate and FX risk.

This job is also responsible for managing balance sheets, balancing risk and stabilizing returns. Key responsibilities include determining and executing on stakeholder business requirements, leveraging discretionary assets, liabilities, and modern balance sheet instruments. Job expectations include pursuing operational excellence, recommending process improvements, decreasing operational risks, and providing analytics such as, Net Interest Income (NII) and yields.

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
  • Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals.
  • Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
  • Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
  • People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.


Skills:
  • Cash and derivative financial instrument valuation technics
  • Deep understanding of Interest rates and FX markets
  • Ability to understand and interpret ASC 815
  • Analytical Thinking
  • Data and Trend Analysis
  • Financial Forecasting and Modeling
  • Financial Management
  • Risk Analytics
  • Attention to Detail
  • Business Acumen
  • Financial Analysis
  • Regulatory Compliance
  • Scenario Planning and Analysis
  • Adaptability
  • Benchmarking
  • Presentation Skills
  • Stakeholder Management
  • Strategic Thinking


Desired Skills:
  • Minimum 7 years of experience in the financial services industry
  • Practical experience running a hedge accounting process
  • Relevant experience managing the controls and compliance for a complex process


Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Senior Asset Liability Analyst

    2 days ago

    Charlotte, United States Disability Solutions Full time

    Job 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...

  • CFO - Senior Associate - Asset Liability Management Treasury Analytics and Forecasting

    1 day ago

    Charlotte, United States Disability Solutions Full time

    Job Description: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...

  • Senior Asset Liability Associate

    3 days ago

    Charlotte, United States Disability Solutions Full time

    Job Description: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...

  • Audit Supervisor, Treasury Liquidity and Asset Liability Management

    3 days ago

    Charlotte, United States Disability Solutions Full time

    Job Description: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...

  • Tax Expert Lead

    1 week ago

    Charlotte, North Carolina, United States RSM US LLP Full time

    Company OverviewRSM US LLP is a leading provider of professional services to the middle market globally. Our purpose is to empower our clients and people to realize their full potential in a world of change. SalaryThe estimated salary for this role is $118,300 - $146,100 per year, based on industry standards and location. Job DescriptionWe are seeking a...

  • CFO - Senior Asset Liability Analyst (Analytics and Forecasting)

    24 hours ago

    Charlotte, United States Disability Solutions Full time

    Job Description: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...

  • Commercial Claims Professional

    5 days ago

    Charlotte, North Carolina, United States CorVel Enterprise Comp, Inc. Full time

    Job SummaryWe are seeking an experienced Commercial Claims Professional to join our team as a Liability Specialist. In this role, you will be responsible for managing commercial auto and general liability claims, working within delegated authority to achieve the best possible outcomes for our clients.About CorVel Enterprise Comp, Inc.CorVel Enterprise Comp,...

  • Automobile Liability Claims Specialist Position

    1 week ago

    Charlotte, North Carolina, United States CorVel Enterprise Comp, Inc. Full time

    OverviewCorVel Enterprise Comp, Inc. is a leading provider of risk management solutions in the workers' compensation, auto, health, and disability management industries.Estimated Salary Range$50,593 - $81,593 per year, based on market conditions, skills, experience, and qualifications.Job DescriptionWe are seeking a highly skilled Automobile Liability Claims...

  • Hearing Asset Advisors | Data Analyst + Accounting | charlotte, nc

    3 weeks ago

    charlotte, United States Hearing Asset Advisors Full time

    Financial Data Analyst with Accounting ExpertiseAre you passionate about numbers, insights, and the stories they tell? We’re seeking a dynamic Financial Data Analyst with a solid accounting background to join our team. At our firm, you’ll have the opportunity to go beyond the spreadsheets, directly influencing key decisions that drive growth and...

  • Hearing Asset Advisors | Data Analyst + Accounting | charlotte, nc

    3 weeks ago

    charlotte, United States Hearing Asset Advisors Full time

    Financial Data Analyst with Accounting ExpertiseAre you passionate about numbers, insights, and the stories they tell? We’re seeking a dynamic Financial Data Analyst with a solid accounting background to join our team. At our firm, you’ll have the opportunity to go beyond the spreadsheets, directly influencing key decisions that drive growth and...

  • Senior Pension Strategy Consultant

    4 weeks ago

    Charlotte, United States US051 Mercer Investments LLC Full time

    Description: We are seeking a talented individual to join our Pension Strategy team at Mercer. This role will be based in one of many Mercer offices. This is a hybrid role that has a requirement of working at least three days a week in the office. We will count on you to: Advise on strategic asset allocation and dynamic glide path design for...

  • Highly Skilled Financial Data Analyst with Accounting Expertise

    7 days ago

    Charlotte, North Carolina, United States Hearing Asset Advisors Full time

    We are seeking a highly skilled Financial Data Analyst with a solid accounting background to join our team at Hearing Asset Advisors.This is an exciting opportunity to work on diverse projects, dive into data analysis, and refine financial processes-all while gaining hands-on exposure to strategic accounting functions.In this role, you will be responsible...

  • Financial Expert with Underwriting and Accounting Background

    7 days ago

    Charlotte, North Carolina, United States Hearing Asset Advisors Full time

    Company OverviewHearing Asset Advisors is a dynamic organization that offers a unique blend of financial expertise and strategic guidance. As a Financial Data Analyst with an accounting background, you will play a crucial role in shaping our company's growth and success.Job DescriptionWe are seeking a highly skilled Financial Data Analyst to join our team....

  • Manager of Accounting

    2 weeks ago

    Charlotte, United States Beacon Hill Staffing Group, LLC Full time

    Job DescriptionJob DescriptionJob Duties·       Financial reporting: Preparing and analyzing financial statements, such as balance sheets, income statements, and cash flow statements. They ensure that these reports are accurate, timely, and comply with legal and regulatory standards·       Treasury:  Maintaining banking relationships. ...

  • Eagle Business Analyst

    3 weeks ago

    Charlotte, United States Wise Skulls Full time

    Business Analysts with in-depth experience in Investment Banking with Eagle Investment Accounting Product Knowledge. Investment Management Business areas supported include Corporate Actions, Trade Operations, Portfolio Accounting, Pricing, Collateral Management, and Derivatives Trade workflow. Business and Operational knowledge of Equities, Futures,...

  • Eagle Business Analyst

    4 weeks ago

    charlotte, United States Wise Skulls Full time

    Business Analysts with in-depth experience in Investment Banking with Eagle Investment Accounting Product Knowledge. Investment Management Business areas supported include Corporate Actions, Trade Operations, Portfolio Accounting, Pricing, Collateral Management, and Derivatives Trade workflow. Business and Operational knowledge of Equities, Futures,...

  • Eagle Business Analyst

    4 weeks ago

    Charlotte, United States Wise Skulls Full time

    Business Analysts with in-depth experience in Investment Banking with Eagle Investment Accounting Product Knowledge. Investment Management Business areas supported include Corporate Actions, Trade Operations, Portfolio Accounting, Pricing, Collateral Management, and Derivatives Trade workflow. Business and Operational knowledge of Equities, Futures,...

  • Digital Asset Management Professional

    1 week ago

    Charlotte, North Carolina, United States Gravity IT Resources Full time

    Job Title: Digital Asset Management ProfessionalWe are seeking an experienced Software Asset Management Consultant to join our team at Gravity IT Resources.Salary: $85,000 - $110,000 per annum, depending on experience.About the Role:The successful candidate will be responsible for ensuring the software asset database is current for reporting and cost...

  • Software Asset Management Analyst

    4 weeks ago

    charlotte, United States Gravity IT Resources Full time

    Job Title: Software Asset Management AnalystHybrid Job Location: Charlotte, North Carolina, 28202 3 days a week onsiteJob Start Date: 10/28/24Job End Date: 12/31/24 (High possibility of extensions)Job Summary: The Global Procurement and Vendor Management Team (“P&VM”) is seeking a Software Asset Management Consultant to join the team. This role will...

  • Software Asset Management Analyst

    3 weeks ago

    charlotte, United States Gravity IT Resources Full time

    Job Title: Software Asset Management AnalystHybrid Job Location: Charlotte, North Carolina, 28202 3 days a week onsiteJob Start Date: 10/28/24Job End Date: 12/31/24 (High possibility of extensions)Job Summary: The Global Procurement and Vendor Management Team (“P&VM”) is seeking a Software Asset Management Consultant to join the team. This role will...