Nickolas Balsamo Email and Phone Number
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Starting on a personal note, I am an avid world traveler, a lifelong learner taking on new challenges to constantly be growing, and a collaborator and people-developer committed to excellence and the success of my teams and my colleagues. I am an eager learner of new skills and take on new challenges in order to be constantly growing.Professionally, I'm passionate about finance, treasury, and risk management in my work because when done well, it's a strategic view for the long-term success and profitability of the company without inhibiting healthy growth. Most growing businesses get squeezed financially by the demands of cash flows and capital expenditures in the competitive landscape of our digital age. As a Manager at Accenture, I serve financial institutions through our Risk and Compliance Practice in the CFO & Enterprise Value group. With 11 years of experience in the banking and consulting industries, I have developed a strong expertise in financial forecasting and analytics, financial and strategic risks, enterprise risk programs, data and analytics, climate risk, corporate treasury functions, and international regulatory expectations in the banking industry. Accenture has helped to feed my passion for identifying industry disruptors and advocating for strategic innovation. I'm especially well versed in the Blockchain.Before joining Accenture in December 2021, I was a Vice President and Liquidity Risk Manager at Bank of America, where I supported enterprise-wide programs, especially focused on the development of the firm's Climate Risk program. I also led the creation of risk insights, scenario analysis, executive dashboards, and created a Model Risk Coverage Program. I created new synergies to bridge gaps between treasury disciplines.
Nojen Llc & Sooie Investments Inc
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CfoNojen Llc & Sooie Investments IncCharlotte, Nc, Us
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Manager - Cfo & Enterprise ValueAccenture Dec 2021 - PresentCharlotte, North Carolina, United StatesServing clients using industry leading practices in Financial Risk Management and Enterprise Risk Management.Upskilled in the latest technologies, from Generative AI to Blockchain to Cloud, as well as how they connect into leading risk and data driven treasury solutions like intraday liquidity forecasting and monitoring. -
Vice President; Liquidity Risk ManagerBank Of America Apr 2021 - Dec 2021Charlotte, North Carolina, United States- Integrated Climate Risk into the Liquidity Risk Framework by directing assessments of liquidity outflows during historical climate events, customizing stress testing scenarios, and proposing a data strategy to address data limitations. - Directed Liquidity Risk Modeling for Resolution Planning through the creation of a quantitative methodology that revealed the relationship between broker dealer non-bank liquidity levels and the Resolution Plan’s Parent Survival Horizon metric to substantiate calibration of liquidity resolution plan risk indicators. -
Vice President; Analytics Risk Manager And Model Coverage Program LeadBank Of America Aug 2017 - May 2021Charlotte, North Carolina Area- Developed and launched new “Model Coverage Program” to increase connectivity in a monthly Model Control Forum, promote standards for risk review and challenge, and escalate thematic risk items related to model coverage across the CFO Risk group.- Evaluated suitability of interest rate risk metrics and threshold calibration levels.Monitored firm’s balance sheet and macro markets providing key insights into interest rates and monetary policy.- Performed scenario analysis on market and geopolitical risks to inform strategic decision-making.Collaborated with Enterprise Stress Testing on customized management scenarios and forecasting.Directed development of a cross-risk dashboard, integrating CFO risk metrics across capital, liquidity, and earnings, providing a comprehensive view of the firm's financial health. -
Vice President; Recovery Planning Sr AnalystBank Of America Mar 2015 - Aug 2017Charlotte, North Carolina Area- Led the drafting of Bank of America’s Dodd Frank Recovery Plan, which describes the Company’s ability to reestablish financial health under severe financial crises through actions to raise cash, capital, and de-leverage.- Liaised with 50+ subject matter experts as central point of contact to assess financial and operational impacts of contingency options. -
Resolution Planning AnalystBank Of America Jun 2014 - Mar 2015Charlotte, North Carolina Area- Assisted in the development of Bank of America’s living will, which provides a roadmap for orderly wind-down and liquidation of the organization’s key legal entities and businesses in the event of a severe financial crisis in accordance with Dodd Frank regulations and other stated regulatory expectations.- Daily engagement in high profile discussions of parent holding company and operating subsidiaries’ resolvability, creating materials outlining the company’s rationale and impediments to strategy.- Analyzed and documented gaps between FRB and FDIC expectations and the current BAC Resolution Plan’s financial, legal, & strategic analyses in order to meet regulatory standards for a satisfactory plan. -
Country Risk AnalystBank Of America Jun 2013 - Jul 2014Charlotte, North Carolina AreaSpecial situations reporting analyst for Bank of America's Non-US exposures on the Country and Industry Risk Reporting team.- Monitored international portfolio exposures through data analytics, risk appetite limits, and management reporting.- Streamlined reporting processes by 50+ hours per month. -
Course Assistant For Business 372: Advanced Corporate FinanceCalvin College Jan 2013 - May 2013Greater Grand Rapids, Michigan AreaCollaborated with the professor to organize homework assignments and exams, graded student submissions, managed the course's web application, and hosted office hours to provide additional instruction to students. -
Economics And Accounting Personal TutorCalvin College Sep 2011 - May 2013Greater Grand Rapids, Michigan AreaExplained class material to students individually each week to help them understand the material and succeed in their classes. -
Database Administrator And Locksmith AssistantCalvin College Sep 2010 - Nov 2012Greater Grand Rapids, Michigan Area -
Global Risk Management Analyst InternBank Of America Jun 2012 - Aug 2012Charlotte, North Carolina AreaMember of the Operational Risk for Home Loans Fulfillment team. - Gathered and arranged information about the policy development process from other teams. Created documentation on each team’s responsibilities within that process and the monitoring process to ensure the Line of Business is in adherence with corporate policies. - Developed new process to improve management for the hundreds of projects flowing into the team’s space.- Completed metric tracking and issue management by utilizing database systems.- Developed resources and provided training for new team member to become acclimated to the team’s management routines and database systems. -
Outside Sales Associate And Business CoordinatorHallberg Commercial Insurors, Inc. May 2011 - Aug 2011Oak Brook, Il -
Administrative And Office AssistantPortraits By Thomas Jan 2005 - Aug 2010Barrington, Il
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Business CoordinatorInternational Profit Associates May 2009 - Aug 2009Buffalo Grove, Il -
Project Assistant – Groundwater ResearchBarrington Area Council Of Governments May 2007 - Aug 2007Barrington, Il
Nickolas Balsamo Skills
Nickolas Balsamo Education Details
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Double Major In Economics And Business-Finance -
Barrington High School
Frequently Asked Questions about Nickolas Balsamo
What company does Nickolas Balsamo work for?
Nickolas Balsamo works for Nojen Llc & Sooie Investments Inc
What is Nickolas Balsamo's role at the current company?
Nickolas Balsamo's current role is CFO.
What is Nickolas Balsamo's email address?
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What is Nickolas Balsamo's direct phone number?
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What schools did Nickolas Balsamo attend?
Nickolas Balsamo attended Calvin College, Barrington High School.
What skills is Nickolas Balsamo known for?
Nickolas Balsamo has skills like Microsoft Excel, Teamwork, Data Analysis, Research, Risk Management, Microsoft Office, Business Analysis, Powerpoint, Microsoft Word, Management, Financial Analysis, Excel.
Who are Nickolas Balsamo's colleagues?
Nickolas Balsamo's colleagues are Vishwajeet Singh, Sreeja Cg, Clarence Malapitan, Ece, Nitya Bhardwaj, Kumail Esaf, Johannes Erhazar, Juliano Simoes.
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