Senior Financial Analyst – Global Markets Balance Sheet and Capital Management

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 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 Global Banking and Markets (GBAM) Financial, Planning and 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, Risk, HR, Business Finance, and Senior Finance leaders throughout GBAM 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 other world events impact the Global Markets Balance Sheet and Net Interest Income (NII).  

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

• Monitors and tracks current balance sheet and NII positions, including understanding how changes in both the fixed income and equities business impact our projections.  

• Involvement in forecasting of the GBAM P&L and Balance Sheet including business partners across finance and treasury

• Contingent funds transfer pricing analysis and reporting

• Month end close process and business partnering with corporate planning throughout

• Adhoc reporting of GBAM financials and profitability from BFOs, COOs, corporate and senior management

• Revenue and business performance commentary

• Interaction with GM BFO teams and corporate treasury

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:

• Attention to Detail

• Business Process Analysis

• Collaboration

• Data Quality Management

• Reporting

• Data Visualization

• Financial Analysis

• Financial Forecasting and Modeling

• Financial Processing

• Prioritization

• Analytical Thinking

• Business Acumen

• Business Case Analysis

• Critical Thinking

• Decision Making

Shift:

Hours Per Week: