Business Financial Control Product Associate- Global Financing & Futures CFO
About The Position
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 office, and other business stakeholders. Key responsibilities include applying knowledge 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. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Requirements
- Minimum 2 years of experience in financial industry/banking experience
- Experience with Global Financing and Futures
- Strong financial analytics experience
- Advanced experience/skills with Excel and complex spreadsheets
- Candidate must be able to work both independently and as team member
- Strong communication and presentation skills
- Strong problem solving and analytical abilities
Nice To Haves
- Bachelor Degree in Accounting/Finance
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
Benefits
- Access to paid time off
- Resources and support to our employees
- Discretionary incentive eligible
- Eligible for an annual discretionary award based on performance
- Industry-leading benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
