Treasury Product Analyst - GPS Liquidity

Bank of America; New York (NY); On-site; USD 85,000 - 95,000; Full time

Job summary

Join a forward-thinking financial institution as a Treasury Product Analyst, where you'll leverage your analytical skills to optimize liquidity management and contribute to innovative treasury solutions. In this dynamic role, you'll collaborate with various teams to analyze deposit strategies, develop pricing tactics, and influence senior management decisions. With a commitment to diversity and inclusion, this company offers a supportive environment where your contributions can make a significant impact. If you're a strategic thinker with a passion for finance, this is the perfect opportunity to build a successful career.

Benefits

Paid Time Off

Health Benefits

Discretionary Incentives

Career Development Opportunities

Qualifications

• Self-starter motivated to drive value-add projects.
• Numerate and analytical with finance or treasury background.
• Ability to connect monetary policy to client impact.

Responsibilities

• Analyze GPS deposit portfolio and develop pricing tactics.
• Collaborate with Sales and Management to meet objectives.
• Support liquidity needs and manage complex liquidity deals.

Skills

Analytical Skills

Communication Skills

Strategic Thinking

Collaboration

Education

Bachelor's Degree

Tools

MS Office

Alteryx

Tableau

Job description

Treasury Product Analyst - GPS Liquidity

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:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology.

Responsibilities:

The Liquidity Product Team in GPS is responsible for managing over $500B of corporate and commercial deposits across ~40 different currencies. The team covers deposit strategy, deposit pricing, deposit appetite, product development and product management. The team also supports large/complex liquidity deals, drives liquidity thought leadership, analyzes the impact of monetary policy on wholesale banking and leads the GPS response to regulatory changes/inquiries.

The Deposit & Rate Strategy team is responsible for developing strategies to optimize net interest income (NII) while achieving deposit growth/rate paid targets and supporting the liquidity needs of clients. The team also produces deposit portfolio analytics and competitive intelligence for senior leaders at the Bank, in addition to managing the processes and applications related to client exception rates.

The US and most other major global currencies continue to experience shifts in monetary policy, which creates an opportunity to optimize pricing of the portfolio and outperform key competitors. GPS's ability to effectively manage interest expense while growing market share is critical to the Company's bottom line.

The individual will be responsible for analysis of the GPS deposit portfolio, developing pricing tactics and related execution plans, and working directly with Sales and Management to ensure that strategic and financial objectives are achieved. Additionally, this candidate will play an active role in partnering with Finance and Corporate Treasury in areas such as forecasting and regulatory advocacy.

Required Qualifications:

Self-starter who is motivated to identify value-add projects and drive them to completion

Strategic thinker, intellectually curious, thought leader

Numerate and analytical – finance or treasury background may provide an advantage

Successfully develop and maintain collaborative working relationships

Lead, influence and persuade others

Present and interacting with senior management

Manage and perform multiple tasks simultaneously

Connect monetary and fiscal policy to client/business impact

GPS products and business knowledge

MS Office, Word, Excel and PowerPoint to support analytical and presentation needs

Desired Qualifications:

Deposit product, deposit pricing, or treasury/finance supporting a deposit taking business experience

Modern analytics and visualization tools such as Alteryx and Tableau knowledge

GPS Liquidity products knowledge

Build data-driven models (either using Excel or other tools)

Skills:

Written and oral communication skills

Minimum Education Requirements: BA degree or equivalent work experience

Shift:

1st shift (United States 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!

Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology.

Responsibilities:

The Liquidity Product Team in GPS is responsible for managing over $500B of corporate and commercial deposits across ~40 different currencies. The team covers deposit strategy, deposit pricing, deposit appetite, product development and product management. The team also supports large/complex liquidity deals, drives liquidity thought leadership, analyzes the impact of monetary policy on wholesale banking and leads the GPS response to regulatory changes/inquiries.

The Deposit & Rate Strategy team is responsible for developing strategies to optimize net interest income (NII) while achieving deposit growth/rate paid targets and supporting the liquidity needs of clients. The team also produces deposit portfolio analytics and competitive intelligence for senior leaders at the Bank, in addition to managing the processes and applications related to client exception rates.

The US and most other major global currencies continue to experience shifts in monetary policy, which creates an opportunity to optimize pricing of the portfolio and outperform key competitors. GPS's ability to effectively manage interest expense while growing market share is critical to the Company's bottom line.

The individual will be responsible for analysis of the GPS deposit portfolio, developing pricing tactics and related execution plans, and working directly with Sales and Management to ensure that strategic and financial objectives are achieved. Additionally, this candidate will play an active role in partnering with Finance and Corporate Treasury in areas such as forecasting and regulatory advocacy.

Required Qualifications:

• Self-starter who is motivated to identify value-add projects and drive them to completion

• Strategic thinker, intellectually curious, thought leader

• Numerate and analytical – finance or treasury background may provide an advantage

• Successfully develop and maintain collaborative working relationships

• Lead, influence and persuade others

• Present and interacting with senior management

• Manage and perform multiple tasks simultaneously

• Connect monetary and fiscal policy to client/business impact

• GPS products and business knowledge

• MS Office, Word, Excel and PowerPoint to support analytical and presentation needs

Desired Qualifications:

• Deposit product, deposit pricing, or treasury/finance supporting a deposit taking business experience

• Modern analytics and visualization tools such as Alteryx and Tableau knowledge

• GPS Liquidity products knowledge

• Build data-driven models (either using Excel or other tools)

Skills:

• Written and oral communication skills

Minimum Education Requirements: BA degree or equivalent work experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$85,000.00 - $95,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.

About the company

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.