Senior Product/Specialty Controller

Bank of America•Charlotte, NC

About The Position

The Senior Product/Specialty Controller is a high-visibility team lead on Bank of America’s GWIM Controller team, part of the CFO-Global Financial Control organization. The role directs day-to-day accounting and external reporting functions for Global Wealth and Investment Management (GWIM), covering Merrill and the Private Bank. It is responsible for accounting review and determinations, monthly close and reporting, external reporting, and product business and finance support. The role ensures the accuracy of the bank’s books and records while supporting business partners including Product BFOs, GWIM Finance, LOB Operations, Regulatory Reporting, Accounting Policy, and other enterprise teams. Working closely with the GWIM Controller, the role provides guidance and review to team members, serves as a trusted resource to partners, and helps design and implement changes that improve organizational effectiveness and efficiency. It offers broad exposure to accounting, reporting, controls, and regulatory topics, with the opportunity to take on expanded responsibilities.

Requirements

BA/BS degree, preferably in Finance or Accounting.
Deep and broad business acumen, with the ability to understand large, complex transactions and simplify them to their key components.
Interest in and/or ability to understand technology products and services.
Proven analytical, change and project management, consulting, and problem-resolution skills; detail-oriented.
Ability to move quickly from concept to action, establish priorities, and achieve results.
Ability to bring structure and sound judgment to complex or evolving issues.
Data analysis skills and ability to create executive-quality materials within tight timeframes and with limited direction.
Excellent interpersonal skills and credibility to influence business partners, peers, and management.
Unquestionable business and personal integrity.
Experience leading or mentoring others, formally or informally.

Nice To Haves

MBA or CPA.
Alteryx experience.
Familiarity with the bank’s financial systems.

Responsibilities

Ensure the ledger is accurate for the business line and adhere to accounting standards.
Partner with upstream and downstream stakeholders and understand how business activities affect accounting and reporting outputs.
Serve as a day-to-day lead for the GWIM team, providing guidance, review, and support to team members.
Own the integrity of GWIM’s month-end close, including final review and approval of accounting calculations and journal entries, product reviews, and trial balance review.
Review and analyze monthly financial results and internal management reports, providing insight into key drivers and trends.
Own key GWIM control processes, including SOX documentation, control enhancements, and support for audit and regulatory reviews.
Advise Product BFOs, GWIM Finance, and Operations on the accounting impacts of new products, business changes, and complex transactions.
Design, develop, and implement process improvements to reduce risk and costs, improve operations, and enhance user experience.
Drive automation and modernization, including the use of Alteryx and AI tools.
Represent GWIM controllership with senior Finance, Accounting Policy, Regulatory Reporting, and Audit partners.
Partner with GWIM Controller leadership on team priorities and day-to-day operations.
Coach and develop team members and build bench strength.
Re-engineer processes and solve complex problems.