Capital Management - Financial Analyst

$110,000 - $125,000 yearly
  • The Resume Review - Recruiting Department
  • Hybrid (Charlotte, NC, USA)
  • Nov 03, 2022
Full time Accounting Finance

Job Description

Job description
The Capital Management Finance Analyst is part of the Enterprise Capital Management (ECM) team and assists in the timely and accurate preparation of the company’s regulatory capital results; researches causes of unanticipated capital changes; end-to-end review, analysis, and implementation of new capital regulations; and ad-hoc analytical reporting to senior management and regulatory agencies. Success requires understanding of regulatory capital and accounting rules and the ability to formulate means by which answers may be derived from large sets of data.
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 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 the Retail Capital management team (a subset of Enterprise Capital Management). The candidate will focus on driving complex calculations and reporting of capital for Retail transactions, including consideration of any new regulations.
Other key responsibilities include:
  • Serve as the subject matter expert on risk-weighted assets for Retail businesses
  • Some knowledge of current Basel capital rules
  • Identify and drive execution of RWA optimization opportunities
  • Collaborate with business partners including business, risk, legal and finance and data/calculations teams to ensure appropriate RWA calculations and represent capital on cross-functional initiatives
  • Build relationships with partners and ensure appropriate level of capital knowledge
Required Skills and Experience:
  • 4+ years of experience within Retail products businesses
  • Strong business and financial acumen; ability to simplify complex technical subjects and quantitative analysis
  • Solid communication, organization, presentation, analytical and leadership skills
  • Attention to detail coupled with ability to simplify the complex
  • Strategic thinker that can understand complex business challenges and potential solutions
  • Experience and ability to work collaboratively with risk, legal and finance and interface credibly across various business partners at both junior and senior levels
  • Proficient in SQL and working with large databases, experience with data mining
  • - Advanced knowledge of Excel and PowerPoint