Senior Finance Analyst

Job Description:

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:
This job is responsible for more complex financial activities involving the consolidation of the bank's month-end close, planning, forecasting and capital processes. Key responsibilities include performing forecasting, profitability analysis, financial reporting, and trend analysis using advanced modeling /software skills and assisting with ad hoc requests. Job expectations include working with key planning and analysis partners on small projects, research, and evaluations of financial performance while maintaining Operational Excellence and a controls discipline.

Line of Business Job Description:

The Global Banking and Markets (GBAM) Financial Planning & Analysis (FP&A) team is part of the broader GBAM CFO organization. The primary focus of this team is to provide a broad array of management reporting to support senior management in their financial and strategic decision-making. This team works with COOs, Corporate Treasury, HR, Business Finance, and Senior Finance leaders throughout GBAM and CFO to review and analyze financial and business impacts.

This role is a key member of the GBAM FP&A and Balance Sheet Management team. The candidate will gain an understanding of how current economic and global market events impact the Global Markets Balance Sheet and NII. The position will also play a critical role in forecasting and analyzing balance sheet trends and NII drivers, as well as partnering across Treasury functions—including Balance Sheet Management, Global Liquidity Management, and Capital Management—to ensure alignment and integration of strategies.

Responsibilities:

• Reviews, challenges, and reports on forecasts and budgets by comparing current performance against plan, prior periods and prior forecasts, and evaluating current and future performance trajectory
• Compiles financial information from a Line of Business (LOB) and consolidated perspective for presentation to stakeholders
• Develops financial management dashboards, reports, presentations, ad hoc analysis, and research using Microsoft Office Suite and Emerging Technology tools
• Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures with limited oversight
• Supports 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
• Exhibits strong attention to detail and applies analytical thinking and problem solving to deliverables while collaborating with key stakeholders and partners

Required Qualifications:

• Minimum 2 years in related industry experience and strong financial reporting background
• Strong written and oral communications skills with excellent attention to detail
• Self-starter, proactive with strong collaboration and team work
• Intellectual curiosity and willingness to effectively challenge the status quo
• Problem Solving
• Analytical Abilities/Financial Acumen
• Proficient with SAP/eLedger and advanced skills in MS Office applications

Desired Qualifications:

• BS/BA Finance/Accounting

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Processing
• Consulting
• Critical Thinking
• Financial Forecasting and Modeling
• Reporting
• Scenario Planning and Analysis
• Business Acumen
• Business Analytics
• Influence
• Prioritization

Shift:

1st shift (United States of America)

Hours Per Week: 

40