Senior Finance Analyst - Business Support

Bank of America • Charlotte, NC

2d • Onsite

About The Position

The Senior Finance Analyst serves as a finance partner to specified Lines of Business (LOBs), providing financial analysis and guidance to support key decisions and initiatives. The role covers forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and identifying value-creation opportunities and investment business cases. It evaluates performance against plans, forecasts, budgets, and prior periods and prepares insights to guide management decision-making.

Within the Deposits Finance Horizontal team in the Regional Banking & Wealth Management CFO organization, the analyst provides strategic financial analysis, forecasting, and reporting across consumer deposit products and related fees. The position leads forecasting, quarterly peer benchmarking, Investor Relations reporting, and performance analysis for Consumer Deposit Balances and Net Interest Income (NII). It requires understanding customer behavior, deposit pricing, market interest rates, and Funds Transfer Pricing (FTP), and translating complex financial results into actionable leadership insights. The analyst partners with Business Finance Officers, Lines of Business, Corporate Treasury, Balance Sheet Management, FTP, and other Finance teams.

Requirements

• Bachelor’s degree, preferably in Finance or Accounting.
• At least 3 years of relevant experience, or demonstrated experience independently managing complex financial analysis and forecasting.
• Strong financial modeling, analytical, and problem-solving skills.
• Advanced Excel capabilities and exceptional attention to accuracy.
• Strong written and verbal communication skills, including the ability to translate complex financial analysis into clear business insights and build cross-functional relationships.
• Ability to independently manage multiple priorities in a fast-paced environment.
• Intellectual curiosity and a continuous-improvement mindset.

Nice To Haves

• Experience with financial forecasting, balance sheet analysis, NII, deposit products, pricing, interest rates, Funds Transfer Pricing, Essbase (Smart View), or general ledger systems.
• Proficiency with data visualization, automation, or analytical tools such as Tableau, Alteryx, or Power Query.

Responsibilities

• Evaluate LOB financial performance, synthesize trends, assess current and future business risks, and prepare, analyze, and report financial results and key metrics.
• Develop financial management reports, presentations, and ad hoc analyses for LOBs and finance partners.
• Create forecasts and budgets by comparing current performance with plans, prior periods, prior forecasts, and budgets, and evaluate current and future performance trajectories.
• Support reporting and analysis for key constituents and management, which may include the Board of Directors, Investor Relations, and regulatory agencies.
• Collaborate across the Finance division to maintain financial integrity, sound controls, and efficient procedures.
• Support projects and strategic initiatives by creating processes to automate reporting and delivering process improvements and simplifications.
• Lead forecasting, reporting, and performance analysis for Consumer Deposit Balances and NII, identifying business drivers, risks, and emerging trends.
• Translate financial results into leadership insights and build partnerships across Deposit LOB, Corporate Treasury, Balance Sheet Management, FTP, and Finance to align assumptions and explain financial outcomes.
• Develop and apply knowledge of FTP to assess deposit portfolio economics and NII performance.
• Maintain financial controls and ensure accuracy, consistency, and data quality in forecasting and reporting.
• Identify opportunities to improve and automate financial processes, reporting, and analytical capabilities.

Benefits

• Affordable, competitive, and flexible benefits supporting physical, emotional, and financial wellness.
• Access to paid time off.
• Eligible to participate in an annual discretionary incentive plan, with awards based on individual, line of business or group, and company performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level