Assistant Vice President/Vice President, Bank Funding Trader, CFO Group

Join to apply for the Assistant Vice President/Vice President, Bank Funding Trader, CFO Group role at Bank of America 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! Key Job Responsibilities: Funding execution Provide daily rate setting and funding trade execution for designated legal entities in coordination with global partners, following Global Funding policies and procedures. Execute foreign exchange and derivative trades for Treasury needs. Offer liquidity risk counsel and pricing consultation to lines of business (LOBs). Funding forecasting Analyze business plans and forward balance sheets for designated legal entities with local and enterprise partners to develop funding plans. Collaborate with business partners to understand future business flows and risks. Coordinate with international peers to promote efficiency. Investigate forecast misses to minimize future variances. Risk management Manage risks within established metrics aligned with the company’s risk appetite. Hedge interest rate and foreign exchange exposures as necessary per policy. Consult on liquidity risk drivers and constraints as a subject matter expert. Manage excess liquidity to meet statutory and operational requirements, aiming for maximum efficiency. Balance sheet governance Monitor asset and liability changes and analyze causation. Work with the FTP group to ensure practices and methodologies promote desired behaviors. Maintain a robust control environment, ensuring compliance with all relevant laws, regulations, policies, procedures, and directives. Other responsibilities Participate in technology enhancement projects. Perform extensive ad-hoc financial analyses related to funding risks and opportunities. Respond to internal and regulatory information/reporting requests. Ensure compliance with relevant local and international regulations, including Dodd-Frank / Volcker rule. Promote operational excellence by simplifying processes, continuous improvement, and innovation. Understand data capture and use processes, ensuring adherence to control standards, and leverage data analytics for risk management and decision-making. Job Requirements: Undergraduate degree with a quantitative focus, preferably in finance, accounting, or engineering. Strong understanding of markets, financial statements, liquidity, and risk preferred. Experience in Money Market / FX activities, Balance Sheet, and Liquidity Risk management is advantageous. Proficiency in Excel; Word and PowerPoint skills are required. Programming skills or process knowledge are beneficial. Effective communication skills across various levels and stakeholders. Ability to build and maintain strong relationships across the enterprise. Clear and concise communication in English, both verbally and in writing. Beneficial Skills/Traits: Creative problem-solving skills. Genuine interest in financial markets and a drive to succeed. J-18808-Ljbffr

Location: Singapore, SG

Posted Date: 5/28/2025