US Broker Dealer CFO/Controller and Treasury Product Controller

Bank of America • Charlotte, NC

17d • Onsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: Manages team of LE Controllers that support multiple legal entities. Provides supervisory guidance for month-End Close responsibilities, g/l balances and trends, complex Internal/ External (i.e. Regulatory) Reporting on standalone and consolidated LE financial statements, General Ledger Governance Routines, subject matter expertise for LE actions related to impact on legal entity. (Registration Requirement - Series 99) The Legal Entity CFO and Corporate Treasury Controller team is part of the CFO-Global Financial Control organization. The primary focus of our team is ensuring the accuracy of the books and records of the bank and supporting both our Legal Entities and business partners. Legal entity management includes monthly close and completion of financial statements. Our business partners include Product BFOs, Consumer and Small Business Finance, Operations, Regulatory Reporting, Accounting Policy, and other enterprise teams. This role is responsible for directing core day-to-day accounting, internal control, and reporting functions for US Broker and Swap Dealers, and Corporate Treasury. This includes accounting reviews and determinations, monthly financial close & reporting, external reporting, and product business/finance support. This role will also help design, develop, and execute changes to help make us more effective and efficient. Reports to the Global Legal Entity Controller.

Requirements

• 10+ years of financial experience at a global/international bank or professional services firm
• BA/BS Degree preferably in Finance/Accounting
• 5+ years of management experience
• Demonstrates business acumen related to capital markets products
• Experience with derivatives and Global Markets products and understanding of their role in enterprise risk management
• Proven experience with taking on new work, defining and documenting best process design, and implementing and driving workflows
• Able to understand large complex transactions and simplify to its key components
• Interest and/or ability to understand technology products and services
• Proven analytical, change management, consulting and problem resolution capabilities
• Moves quickly from concept to action; able to establish priorities and achieve results
• Ability to deal with ambiguity
• Data analysis skills and ability to create executive level materials within tight timeframes with limited direction
• Excellent interpersonal and project management skills
• Credibility to influence business partners, peers, and management
• Familiarity with the bank’s financial systems
• Unquestionable integrity

Nice To Haves

• MBA / CPA
• FINRA exam Series 27 or 99
• Alteryx/Tableau Skills: Financial Accounting
• Financial Analysis
• Reporting
• Risk Management
• Stakeholder Management
• Continuous Improvement
• Executive Presence
• Inclusive Leadership
• Regulatory Compliance
• Relationship Building
• Attention to Detail
• Coaching
• Policies, Procedures, and Guidelines Management
• Project Management
• Regulatory Relations

Responsibilities

• Manage a global team of finance professionals
• Review and approve month-end close responsibilities (e.g., accounting calculations/journal entries, product reviews, trial balance reviews)
• Review and analyze monthly financial results and review internal management reports
• Document SOX requirements and enhance controls as required
• Manage financial statement preparation and coordinates external audits
• Review monthly FOCUS reports
• Support & influence business partners
• Design, develop, and implement process improvements that reduce risks/costs, improve operations, and enhance user experience
• Optimize new technology to better serve stakeholders

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees