Product Associate Business Finance Control

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 Description:
This job is responsible for supporting business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management front officeand other business stakeholders. Key responsibilities include applyingknowledge of product(s) processes and inherent risks for a product business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets assist in production of regulatory matters analysis and perform critical testing and calculations.

Responsibilities:

• Supports with preparing and analyzing balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products market risk profiles and risk mitigation techniques and strategies
• Performs month-end close and financial reporting critical testing and calculations and periodic analysis
• Assists in the development of strategic and annual planning efforts and implementations and performs profitability analysis forecasting and financial reporting for a product or general ledger account type
• Partners closely with the front office Operations and Technology to support defining business finance processes and implementing related technology solutions
• Analyzes regulatory matters such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP) to assess risk modeling practices within the bank

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Management
• Reporting
• Business Analytics
• Critical Thinking
• Data Quality Management
• Financial Processing
• Price Verification and Valuation
• Business Acumen
• Influence
• Prioritization
• Problem Solving
• Scenario Planning and Analysis

Required Qualifications:

• Minimum 2 years of experience

Shift:

Hours Per Week: