Job description

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations include supporting management in key decision making, and influencing and gaining support from financial analysts. Team Specific Job Description: This job is responsible for serving as a finance partner to the Global Commercial Banking LOB and directing the day-to-day finance activities for three GCB segments. Key responsibilities include financial oversight and analysis of segment performance specific to Balance Sheet, Net Interest and Fee revenue generation, segment profitability, expense management, client profitability, and overseeing value creation ideas to drive performance. Job expectations include supporting regional and segment leadership in key decision making and influencing key business, product and country partners. Responsibilities: • Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement • Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics • Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory • Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners • Implements 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 • Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures Required Qualifications: • Minimum of 5 years of finance preferably in the financial services industry • BFO experience • Strong communication skills (written, verbal and interpersonal) including tact, diplomacy and ability to influence senior executives • Excellent presentation skills Desired Qualifications: • Bachelor’s degree in Business Administration, Finance, Accounting, or Economics • SAP/eLedger • Knowledge of B/S, NII and non-interest revenue, expense management • Client or product profitability experience • Highly analytical and self-starter Skills: • Business Process Analysis • Collaboration • Data Quality Management • Financial Analysis • Financial Management • Analytical Thinking • Critical Thinking • Data Visualization • Decision Making • Prioritization • Business Acumen • Business Case Analysis • Financial Forecasting and Modeling • Project Management • Reporting Shift: 1st shift (United States of America) Hours Per Week: 40

Requirements

Must-haves

Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures
Minimum of 5 years of finance preferably in the financial services industry
BFO experience
Strong communication skills (written, verbal and interpersonal) including tact, diplomacy and ability to influence senior executives
Excellent presentation skills
Business Process Analysis
Collaboration
Data Quality Management
Financial Analysis
Financial Management
Analytical Thinking
Critical Thinking
Data Visualization
Decision Making
Prioritization
Business Acumen
Business Case Analysis
Financial Forecasting and Modeling

Nice-to-haves

Bachelor’s degree in Business Administration, Finance, Accounting, or Economics
Knowledge of B/S, NII and non-interest revenue, expense management
Client or product profitability experience
Highly analytical and self-starter

Application prep

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Platform: workday
Effort: long

Benefits

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Vision

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