Senior Financial Analyst - GBAM Finance - Global Banking FP&A

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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. 

Team Overview

The Global Banking Financial, Planning and Analysis (FP&A) team is part of the broader GBAM CFO organization.

Global Banking and Markets Finance strives to be a valued business partner to the company's trading, corporate and institutional banking businesses. Our first priority is to operate a series of key control processes to ensure the integrity of GBAM's financial results. Then we build on these activi

ties to offer performance insight to business leaders. The assets of Finance are its people.

Global Banking FP&A works with Line of Business / COOs, Corporate Treasury, Risk, HR, Business Finance, and Senior Finance leaders throughout GBAM to review and analyze financial and business impacts.  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 provides opportunity for exposure to business and financial drivers across the segment’s products/businesses and collaboration with leaders across the organization.

Role Summary

This role will focus on the support of the Global Corporate & Investment Banking (GCIB) LOB within Global Banking, whose business presence spans across various regions throughout the US and globally. The primary focus of this role is to provide insightful, compelling, and actionable reporting and analysis of financial and other KPI results and to support ongoing strategic planning routines. In addition to routine deliverables, a key aspect of this role is to be a strong business partner across the finance support, product teams and GFC teams to ensure key messages are communicated and reporting is accurate. Responsibility is inclusive of presentations and communication to Executive Management in addition to our monthly and quarterly reporting deliverables and forecast.

Key responsibilities include:

• Partner across CFO, LOB teams and Business Finance groups with ad hoc management reporting, analysis and routines including communication of key messages

• Preparation of monthly and quarterly executive materials, along with management commentary, including Quarterly Business Review financials

• Materials preparation and support for executive presentations to the BOD, Management Team and Management Committee

• Support quarter-end activities relating to Investor Relations and Earnings Release

• Assisting with compiling weekly GCIB financials pack for executive leadership 

• Preparation of quarterly forecast materials and consolidation from BFO and product teams

• Partner with peers and management to implement process and reporting improvements

• Ad hoc requests from business partners

Required Qualifications:

• 2+ years of related industry experience and strong financial reporting background (prior financial planning, forecasting, variance analysis and reporting experience)

• Ability to articulate financial results to different audiences and in different formats, including Senior Business Leaders and CFO Leadership

• Strong analytical skills along with the ability to translate analysis into commentary for management reporting

• MS Excel (comfortable with lookups, pivot tables and data manipulation) and PowerPoint (creation of financial reporting management decks to “tell the story” of the business)

• Quick learner, self-motivated and proactive

• Effective written and oral communication skills

• Strong attention to detail and acute organizational skills are critical

• Proactive with intellectual curiosity and willingness to effectively challenge the status quo to improve efficiency and controls

Desired Qualifications:

• eLedger / EPM

• Familiarity with investment banking, corporate finance, or global markets

• A Bachelor’s degree in Finance, Accounting, or a related field

Shift:

Hours Per Week: