Senior Finance Analyst – Business Support (Card & Small Business Lending Valuation, Analytics, and Reporting)

Bank of America•Pennington, AL

1d•Onsite

About The Position

This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and providing financial analysis and guidance to support key decisions and initiatives. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and generating value creation ideas and new investment business cases. Job expectations include preparing insights to guide management's decision making and evaluating financial performance versus plans, forecasts, and prior periods. The Card & Small Business Lending Valuation, Analytics, and Reporting group is responsible for providing financial support for the Consumer, Wealth Management and Small Business Card unsecured lending products. The team engages across numerous lines of business and multiple corporate partners to provide best-in-class projections of profitability to feed an accurate corporate forecast, drive marketing investment, inform business cases for product and risk strategies, and perform profitability analytics while ensuring proper risk/reward discipline to grow the business responsibly.

Requirements

Excellent communication skills and the ability to work collaboratively with cross-functional teams
Detail-oriented with strong organizational and problem-solving skills

Nice To Haves

Bachelor’s degree in Finance, Accounting, or a related field
Experience with Alteryx, SQL, SAS, Power Query, VBA and/or Tableau
2 years’ experience with financial planning, analysis and reporting
Experience in Lending related analysis
Independent problem solver based on business knowledge and experience

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
Lead financial analysis for Card Product initiatives, including analyzing forecasting and actual profitability, and portfolio performance evaluation and commentary.
Develop and maintain financial models to support decision making for Card Product initiatives.
Collaborate with cross-functional teams, including: Finance, Consumer Product, Technology, Credit Risk, Model Risk Management and others, to ensure the alignment of financial goals and tools with business strategies.
Utilize multiple tools including Alteryx, Tableau, SAS and SQL to analyze data and provide insights on project performance and financial health.
Prepare reports and presentations for senior management, clearly communicating financial insights and recommendations.