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 Summary:
This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) by providing end-to-end financial analysis and guidance to support key decisions and initiatives. Key responsibilities include performing forecasting profitability analysis expense efficiency pricing financial reporting stress testing allocations and generating value creation ideas and new investment business cases. Job expectations include preparing insights to guide managements decision making and evaluating financial performance versus plans forecasts and prior periods.
Line of Business Job Description:
Global Markets Operations:
Global Markets Operations (GMO) provides full front-to-back support for Global Market Sales Trading and Underwriting business for securities loans exchange traded derivatives and over the counter (OTC) derivatives. The team provides trade lifecycle and cross-functional operational support for these products across multiple lines of business including but not limited to Wealth Management Global Corporate & Investment Banking and Corporate Treasury.
AML Investigations:
AML Investigations performs investigations of suspicious activity across the bank. After an alert is generated for potential suspicious activity the team determines whether a SAR (Suspicious Activity Report) should be filed in order to assure Anti Money Laundering (AML) compliance.
Responsibilities:
Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends assessing current and future business risks and preparing analyzing and reporting on financial results and key metrics
Develops financial management reports presentations and ad hoc analyses for LOBs and/or finance partners
Creates forecasts and budgets by comparing current performance against plan prior periods prior forecasts and budgets and evaluating current and future performance trajectory
Supports reporting and analysis for key constituents and management which may include Board of Directors Investor Relations and/or various regulatory agencies
Collaborates with teams across the Finance division to ensure integrity of the financials sound controls and efficient and effective procedures
Supports new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
Required Qualifications:
3 years of experience in financial analysis planning or positions with similar financial or business analysis responsibilities
Proficient in Microsoft Office products including Excel and PowerPoint
Self-starter who seeks to build relationships and collaborate with teammates
Strong analytical problem-solving and organizational skills
Excellent written and verbal communication skills
Desired Qualifications:
BS/BA Degree (Finance/Accounting Preferred)
Experience in banking or financial services industry
Demonstrates intellectual curiosity by proactively seeking innovative solutions and leveraging analytical tools frameworks and methodologies to solve complex business problems and drive informed decision-making
Experience with accruals large data sets and advanced financial tools including Excel (macros pivot tables look-ups and filtering)
Strategic thinker with the ability to understand complex business challenges and potential solutions
SAP / eLedger / EPM
Skills:
Attention to Detail
Business Process Analysis
Collaboration
Data Quality Management
Reporting
Data Visualization
Financial Analysis
Financial Forecasting and Modeling
Financial Processing
Prioritization
Analytical Thinking
Business Acumen
Business Case Analysis
Critical Thinking
Decision Making
Shift:
1st shift (United States of America)Hours Per Week:
40Required Experience:
Senior IC
What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.