Finance Manager - Capital Management
Company: Bank of America
Location: New York City
Posted on: April 2, 2026
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Job Description:
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 an
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. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. 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 contributing to
the efficient and effective management of the bank's capital to
maintain capital adequacy needed for supporting responsible growth
and return to shareholders. Key responsibilities include partnering
with Lines of Business (LOBs), Global Technology, Chief Finance
Officer, Group Data Management, Treasury Policy and Advocacy,
Global Risk Analytics (GRA), Centralized Regulatory Reporting
(CRR), and Investor Relations. Job expectations include applying
expertise in capital regulations, reporting, and analysis to
support the bank's capital initiatives. Enterprise Capital
Management (ECM) is a global team of more than 100 professionals
responsible for the efficient and prudent management of the
Corporation's as well as its subsidiaries' capital across the
enterprise globally. ECM implements the Board’s capital management
strategy including issuance, redemption or repurchase of common
stock and other capital instruments. ECM works closely with lines
of business and guides them to efficiently and proactively manage
the enterprise's capital including design and implementation of
capital allocation methodologies. ECM also recommends capital
related financial resource limits to senior management. In
addition, ECM produces and monitors regulatory and internal
economic capital metrics including capital adequacy ratios,
leverage exposure and risk-weighted assets and oversees the end to
end capital measurement process across the enterprise. Partnering
with other control functions, ECM manages external disclosures
related to capital management including 10Q, 10K, Pillar 3
disclosures and other regulatory filings?. ECM interfaces with
banking regulators globally on all capital related matters. This
role resides within Global Markets Capital management team (a
subset of Enterprise Capital Management). Candidate will focus on
driving complex calculations and reporting of capital for Global
Markets transactions, including consideration of any new
regulations. Line of Business Responsibilities: Serve as the
subject matter expert on risk-weighted assets for these business
Solid knowledge of current Basel capital rules, including
counterparty credit risk calculations , CVA and market risk rules
Solid knowledge of new Basel capital rules, including SACCR and
FRTB Identify and drive execution of RWA optimization opportunities
(both advanced and standardized); evaluation and monitoring GSIB
capital surcharge Collaborate with business partners including line
of business, risk, legal and finance and data/calculations teams to
ensure appropriate RWA calculations and represent capital on
cross-functional initiatives Provide detailed / technical analysis
of the impact of new or changing regulations and develop options
for potential advocacy, including QIS work Build relationships with
partners and ensure appropriate level of capital knowledge
Responsibilities: Produces and monitors regulatory and internal
capital metrics including capital adequacy ratios, leverage
exposure, total loss-absorbing capacity (TLAC), and risk-weighted
assets (RWA) Oversees capital measurement and model implementation
for RWA calculations, baseline, and stress forecasts and works with
Global Risk Analytics (GRA) and Technology and Data Management to
propose, design, and test enhancements on the capital and model
implementation process Provides key metrics and data to Centralized
Regulatory Reporting (CRR) and Investor Relations for external
regulatory filings, releases, and disclosures, including Federal
Financial Institutions Examination Council (FFIEC) 101/102, HC-R,
Pillar 3, 10-Q/K, and Y-14A Partners with Lines of Business (LOBs)
to integrate capital considerations into the LOBs' strategic plans
to advise and execute on RWA optimization strategies Develops
Capital Plans, Internal Capital Adequacy Assessment Processes
(ICAAPs), Resolution Plans, and Recovery Plans, creates capital
content, and monitors ongoing capital adequacy Serves as a subject
matter expert on regulatory requirements and calculations for
capital and/or RWA including exposure areas, such as Market Risk,
Counterparty Credit Risk, Retail, Securitization, and Securities
Maintains capital management processes and controls and addresses
inquiries from Risk, Corporate Audit, and external auditors
Required Qualifications: 8 years of experience with financial
markets products and businesses Technical background, including
Engineering or Technical Sciences Proficiency in SQL Experience
working with large databases, and identifying and correcting data
problems Solid analysis, communication, organization, and
presentation skills Desired Qualifications: Experience in Capital
Management, or Credit or Market Risk Management Proficiency in
Python and Excel VBA Knowledge of derivative products and risk
management Project management experience Skills: Analytical
Thinking Data and Trend Analysis Financial Forecasting and Modeling
Regulatory Compliance Scenario Planning and Analysis Business
Acumen Interpret Relevant Laws, Rules, and Regulations Policies,
Procedures, and Guidelines Reporting Risk Management Shift: 1st
shift (United States of America) Hours Per Week: 40 Pay
Transparency details US - NY - New York - 1114 Avenue Of The
Americas - Grace (NY1544) Pay and benefits information Pay range
$131,000.00 - $200,000.00 annualized salary, offers to be
determined based on experience, education and skill set.
Discretionary incentive eligible This role is eligible to
participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company. Benefits This role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Bank of America, Irvington , Finance Manager - Capital Management, Accounting, Auditing , New York City, New Jersey
