Finance Manager - Business Support (Secured Lending Analytics Leader)
About The Position
At Bank of America, the purpose is to help make financial lives better through Responsible Growth, delivering for clients, teammates, communities, and shareholders. The company is committed to an inclusive workplace, attracting and developing talent, supporting wellness, recognizing performance, and making community impact. Bank of America maintains an in-office culture with specific attendance requirements, allowing for flexibility based on role. This Finance Manager role serves as a finance partner to specified Lines of Business (LOBs), directing day-to-day finance activities for strategic annual planning and implementation. Key responsibilities include forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. The Secured Lending Analytics Leader specifically leads end-to-end financial sizing, including business cases, product profitability, analytics, and P&L assessment across various Secured Lending products (Mortgage, Home Equity, Auto Lending, Custom Lending, and Securities Based Lending). This leader drives strategic financial decision-making through rigorous analytics, business case development, proactive insights, cross-functional partnership, and enterprise-level financial leadership, and is the process owner for Secured Lending analytics.
Requirements
- Minimum of five years’ work experience
- Strong communication ability
- Business Process Analysis
- Collaboration
- Data Quality Management
- Financial Analysis
- Financial Management
- Analytical Thinking
- Critical Thinking
- Data Visualization
- Decision Making
- Prioritization
- Business Acumen
- Business Case Analysis
- Financial Forecasting and Modeling
- Project Management
- Reporting
Nice To Haves
- FP&A experience
- Technical expertise - (SQL, Python, Essbase, SAP, Alteryx, Tableau, MicroStrategy, Excel modeling)
- MBA
- Leadership skills
- Bachelor’s degree. Ideally in Finance, Accounting, Business Administration, Economics
Responsibilities
- Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement
- Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
- Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
- Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
- Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
- Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures
- Perform financial analysis and develop business cases in partnership with LOB teams, supporting investments, product enhancements, pricing changes, operational initiatives, and strategic opportunities
- Train, develop, and oversee work effort for seven to eight analysts
- Produce profitability and valuation views for both new account volumes and existing portfolios
- Develop and expand the data portal reporting system, enabling customizable reporting for business partners
- Organize, structure, and automate data flows using Tableau and Alteryx to improve reporting efficiency and analytical consistency
Benefits
- industry-leading benefits
- access to paid time off
- resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve
- eligible to participate in the annual discretionary plan
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
