Cfo jobs in United States, New York, New York

Job Description:

Job Description:
This job is responsible for leading business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management, front office, and other business stakeholders. Key responsibilities include applying a knowledge and understanding of product(s), processes, and inherent risks of a product, business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets, establish infrastructure for new products, and approve ledger journal entries.

The Chief Financial Officer (CFO) Group

Responsibilities:

• Prepares and analyzes balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies
• Supports the development of strategic and annual planning and implementation, performing profitability analysis, forecasting, and financial reporting for a product or general ledger account type
• Oversees a set of product(s) or general ledger account(s) and maintains financial responsibility, including accountability for accuracy of financial reporting for Profit and Loss (P&L) activities
• Partners closely with the front office, Operations, and Technology to define business finance processes and implement related technology solutions
• Supports delivering, designing, maintaining, and enhancing Value at Risk Back-Testing (VBT) data and Management Information System (MIS) processes that may impact multiple product control businesses
• Analyzes regulatory matters, such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP), to assess risk modeling practices within the bank
• Oversight on the official daily P&L explain, P&L substantiation to market events, significant transaction review and its provision for VaR backtesting and other downstream

• Monthly Independent Price verification on both Derivatives and securities positions. Have a basic understanding and knowledge of financial models,
• Calculation of the Valuation adjustment – Validation of appropriate application and use of models for books & records.
• Maintaining/updating valuation adjustment & IPV Desk Level Procedures (DLP)
• Preparation monthly & quarterly revenue and balance sheet commentary to senior managers and regulators
• Regulatory capital disclosures, Price Testing, Sector analysis, Stress Test and Forecasting.
• Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelines
• Partner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolution
• Coordination of the monthly close process and quarterly financial reporting requirements
• Working on initiatives to simplify/automate manual processes

Required Qualifications:

• 5+ years hands on experience in Product Control or Finance group
• BS/BA Degree required (Finance, Accounting preferred)
• Global Markets experience
• Global Rates market knowledge – familiarity with a broad range of asset classes
• Derivatives product and valuation knowledge – consisting of technical expertise of models used to reprice complex transactions
• Advanced experience skills with Excel and complex spreadsheets
• Control focused, analytical, team oriented, comfortable with complex products
• Excellent organizational, communication, and relationship management skill
• Proven analytical skills including data reconciliation and interpretation.
• Ability to identify and deliver process improvements.
• Good business partnering skills

Desired Qualifications:

• Fixed income or derivative experience
• Inquisitive, willing to challenge the status quo and strive to improve processes

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Management
• Reporting
• Business Analytics
• Data Quality Management
• Financial Processing
• Price Verification and Valuation
• Scenario Planning and Analysis
• Business Acumen
• Critical Thinking
• Influence
• Prioritization
• Problem Solving

In this role, you will:

• Lead all aspects of the Equities Finance team including financial planning, financial reporting, and balance sheet and capital management
• Develop and execute financial strategies to drive growth, efficiency, and profitability across all Equities businesses
• Act as a key partner to the Equities business and provide Finance leadership across all day-to-day aspects of the business
• Develop presentations and analyses in support of business reviews and strategic discussions with management
• Plan financial performance with the desks; connect the usage of financial, tech and human resources with revenue to assess returns and define the strategic plan
• Lead detailed review of direct and indirect expenses, headcount; identify and track expense initiatives
• Support the desks developing new products and business initiatives through profitability review
• Leadership skills: The ability to lead large, cross-functional teams, influence senior stakeholders, and communicate complex financial concepts effectively is critical.
• Strategic mindset: Needs to be a strategic, results-driven thinker who can balance day-to-day execution with long-term vision.
• Adaptability: Must be comfortable navigating ambiguity and adapting to a constantly changing market and regulatory environment.

Required Qualifications:

• 8+ years of Finance experience or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of management or leadership experience

Desired Qualifications:

• Experience as an Equities CFO, or experience driving financial and/or risk analysis for Equities desks
• Understanding of Equities
• Effective communicator and experience presenting to management
• Experience in developing financial projections to support strategic decisions and initiatives
• Strong leadership skills with a demonstrated ability to influence outcomes
• Strong analytical skills with high attention to detail and accuracy
• Outstanding problem solving skills
• Ability to perform in a demanding environment

Specific compliance policies may apply regarding outside activities and/or personalinvesting; affectedemployees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

This job is responsible for establishing the price testing methodology for complex portfolios of instruments and risks. Key responsibilities include ensuring execution of price testing is consistent with methodologies and market conditions in partnership with the Product Finance control team, determining uncertainty reporting and metrics, monitoring pricing and liquidity risk, and escalating issues. Job expectations include partnering with model developers and validation teams, implementing new models, challenging price testing methodologies, and driving the development of new methodologies.

Responsibilities:

• Develops and enhances technical valuation policies and standards, improving methodology, documentation, and Valuation Controls (VCs)
• Conducts technical analysis of existing methodology development, VC execution, reporting, and governance processes, identifying areas of improvement for VC areas in scope including Independent Price Verification (IPV), IPV & Fair Value Hierarchy Classification, Fair Value Adjustments, Valuation Uncertainty metrics and Prudent Valuation Adjustments
• Drives improved controls over proxy data, overrides, calibration error, model risk, and untested parameters/risks while improving valuation uncertainty metrics, market data back testing, and governance
• Collaborates with Traders, Market Risk, Model Risk Management, Front Office Quants, Product Controllers, and senior managers on valuation related matters while communicating complex valuation matters to senior management, Auditors, and Regulators
• Defines Fair Value Hierarchy classification and substantiation approaches, such as creating the framework for products risks, and portfolios
• Performs data analytics to better understand valuation uncertainty, independent data quality, liquidity, observability, and trends
• Leads strategic projects supporting valuation analytics and architecture

Skills:

• Analytical Thinking
• Attention to Detail
• Data Modeling
• Risk Analytics
• Risk Modeling
• Financial Forecasting and Modeling
• Price Verification and Valuation
• Problem Solving
• Scenario Planning and Analysis
• Business Acumen
• Business Analytics
• Consulting
• Influence
• Reporting

Required Qualifications:

• Minimum of 3 years' experience in a large financial services organization performing valuation control, and/or risk management and/or model development.

Desired Qualifications:

• Experience in creating and enhancing independent product valuation methodologies focused on XVA (CVA, FVA, DVA), structured notes or Commodities.
• Ability to leverage a combination of quantitative knowledge of financial markets and products with a practical understanding of pricing and risk management techniques to critically evaluate the results of valuation control procedures.
• Knowledge of market data calibration methodologies and the associated model control framework (development, enhancement, and maintenance).
• Professional communication skills with ability to communicate complex issues in a simple manner especially for senior stakeholders or regulators.
• Programming skills (e.g., python) with ability to design, develop and automate.
• Knowledge of Prudential Valuation regulation and its implementation.
• Prior experience influencing and collaborating with stakeholders across functions/divisions.
• Valuation Specialists possess broad knowledge of financial markets, products, and quantitative theory with a keen interest on XVA, structured notes or Commodities related topic.
• Master’s degree in Business, Finance, Engineering, Mathematics, Statistics or related field.

Statistics or related field.

Job Description:

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 role is to represent Finance in supporting the Global Commodities business in NY, which includes Oil, Power, Gas, and Index products. Candidates will be expected to influence team members, collaborate with the desk and other business partners, create structure for complex issues and focus on delivering solutions in line with the long term strategic goals of the bank. With demonstrated success, you’ll have the opportunity to advance in the BFC Product Role, with opportunities available at the Sr. Associate, Lead, and Sr. Lead level, to promote career advancement within the Finance organization.

This job is responsible for supporting business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management, front office, and other business stakeholders. Key responsibilities include applying knowledge of product(s), processes, and inherent risks for a product, business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets, assist in production of regulatory matters analysis, and perform critical testing and calculations.

Responsibilities:

• Supports with preparing and analyzing balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies
• Performs valuations controls including Independent Price Verification (IPV), liquidity valuation adjustments (LVA), and related policy reviews
• Performs month-end close and financial reporting, critical testing and calculations, and periodic analysis
• Assists in the development of strategic and annual planning efforts and implementations and performs profitability analysis, forecasting, and financial reporting for a product or general ledger account type
• Partners closely with the front office, Operations, and Technology to support defining business finance processes and implementing related technology solutions
• Analyzes regulatory matters, such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP), to assess risk
• modeling practices within the bank

Responsibilities:

• Supports with preparing and analyzing balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies
• Performs valuations controls including Independent Price Verification (IPV), liquidity valuation adjustments (LVA), and related policy reviews
• Performs month-end close and financial reporting, critical testing and calculations, and periodic analysis
• Assists in the development of strategic and annual planning efforts and implementations and performs profitability analysis, forecasting, and financial reporting for a product or general ledger account type
• Partners closely with the front office, Operations, and Technology to support defining business finance processes and implementing related technology solutions
• Analyzes regulatory matters, such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP), to assess risk modeling practices within the bank

Required Qualifications:

• Minimum 2 years of experience in financial industry/banking experienceand/or commodities trading experience
• Strong financial analytics experience
• Experience to review, debate and challenge
• Advanced experience/skills with Excel and complex spreadsheets
• Candidate must be able to work both independently and as team member
• Strong communication and presentation skills
• Strong problem solving and analytical abilities

Desired Qualifications:

• Bachelor Degree in Accounting/Finance

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Management
• Reporting
• Business Analytics
• Critical Thinking
• Data Quality Management
• Financial Processing
• Price Verification and Valuation
• Business Acumen
• Influence
• Prioritization
• Problem Solving
• Scenario Planning and Analysis

This job is responsible for establishing the price testing methodology for complex portfolios of instruments and risks. Key responsibilities include ensuring execution of price testing is consistent with methodologies and market conditions in partnership with the Product Finance control team, determining uncertainty reporting and metrics, monitoring pricing and liquidity risk, and escalating issues. Job expectations include partnering with model developers and validation teams, implementing new models, challenging price testing methodologies, and driving the development of new methodologies.

Responsibilities:

• Develops and enhances technical valuation policies and standards, improving methodology, documentation, and Valuation Controls (VCs)
• Conducts technical analysis of existing methodology development, VC execution, reporting, and governance processes, identifying areas of improvement for VC areas in scope including Independent Price Verification (IPV), IPV & Fair Value Hierarchy Classification, Fair Value Adjustments, Valuation Uncertainty metrics and Prudent Valuation Adjustments
• Drives improved controls over proxy data, overrides, calibration error, model risk, and untested parameters/risks while improving valuation uncertainty metrics, market data back testing, and governance
• Collaborates with Traders, Market Risk, Model Risk Management, Front Office Quants, Product Controllers, and senior managers on valuation related matters while communicating complex valuation matters to senior management, Auditors, and Regulators
• Defines Fair Value Hierarchy classification and substantiation approaches, such as creating the framework for products risks, and portfolios
• Performs data analytics to better understand valuation uncertainty, independent data quality, liquidity, observability, and trends
• Leads strategic projects supporting valuation analytics and architecture

Responsibilities:

• Develop and enhance Valuation Control Methodology for Derivatives, including IPV, Valuation Adjustment, Valuation Uncertainty and Fair Value Hierarchy
• Deep dive IPV result and address valuation issues with Trading Desk and Product Controller
• Work with Quant and Model Validation to improve model governance, identify model limitation and initiate/validate Valuation Adjustment methodology
• Leverage expert knowledge of financial markets, products and consensus data to understand valuation trending, liquidity and uncertainty
• Collaborate with Market Risk to develop and upgrade methodology for Liquidity Reserve, Close-out-Cost and Concentration Reserve
• Drive Operational Excellence by automating the workflows with an End-to-End solution
• Coordinate with global Valuation teams to drive global consistency in Valuation Control execution, reporting and governance
• Communicate complex valuation findings and challenges to Senior Management, Auditors and Regulators
• Work as mentor to junior teammates and build up technical talents

This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Skills:

• Analytical Thinking
• Attention to Detail
• Data Modeling
• Risk Analytics
• Risk Modeling
• Financial Forecasting and Modeling
• Price Verification and Valuation
• Problem Solving
• Scenario Planning and Analysis
• Business Acumen
• Business Analytics
• Consulting
• Influence
• Reporting

Required Qualifications:

• Minimum of 6 years' experience in a large, complex financial services organization performing valuation control, and/ or risk management and/ or model development.

Desired Qualifications:

• Expertise on Interest Rate Market, Vanilla and Exotics Derivatives and their Pricing Models, knowledge of other financial products is a plus
• Strong leadership skills with a track record of collaborating with and influencing others
• Professional communication skills with ability to communicate complex issues in a simple manner
• Programming skills with ability to develop valuation model and automate workflows
• Experience of regulatory and senior management interaction
• Master’s degree in Quantitative Finance, Financial Engineering, Physics, Math, Computer Science or related field

Minimum Education Requirement:degree in Quantitative Finance, Financial Engineering, Physics, Math, Computer Science or related field

As a Senior Executive Administrative Assistant on the Risk Management and Compliance team, you'll play a crucial role in supporting the RM&C CFO and the associated leadership team. This dynamic position involves coordinating complex schedules, arranging leadership offsites, domestic and international travel and organizing internal and external events. You'll excel in a fast-paced environment, engaging with staff at all levels while demonstrating professionalism, initiative, attention to detail, and resourcefulness. Your ability to build relationships in a matrixed organization and work independently is essential to your success.

Job Responsibilities:

• Maintain complex and detailed executive calendars, making sound prioritization decisions.
• Screen and prioritize incoming calls, exercising discretion in information sharing.
• Oversee logistics for daily meetings with senior, C-level, and cross functional participants, including maintaining scheduling, facilitator preparation, and attendance documentation.
• Arrange complex domestic and international travel, and organize internal events and offsites, covering all logistics such as catering and transportation.
• Process travel and entertainment expenses in accordance with internal policies.
• Prepare and quality-check materials for meetings and events.
• Proactively anticipate and address in advance any potential issues, delays, or scheduling conflicts.
• Embrace and promote digital tools and emerging technologies to enhance process efficiencies and communication.
• Offer Business Management/Operational support for the CFO team to drive business objectives through assisting with seamless onboarding processes for new hires, maintaining cross-functional culture programs, and ensuring cross team training compliance, etc.

Required Qualifications, Capabilities, and Skills

• 5+ years of experience supporting C-level executives.
• Highly resourceful team player with the ability to work effectively independently.
• Proven ability to handle confidential information with discretion and adapt to competing demands while providing exceptional customer/client service.
• Forward-thinking problem solver who actively seeks opportunities and proposes solutions.
• Digitally savvy, with the ability to utilize and/or swiftly adopt emerging technologies. Proficient in Microsoft Office, demonstrating advanced skills in Excel and PowerPoint, and possessing strong familiarity with MS Teams.
• Bachelor’s Degree or equivalent experience.

Additional Information: This role requires five days in the office (Monday-Friday).

This job is responsible for developing Human Resources (HR) strategies that impact large, complex business units within a major Line of Business (LOB). Key responsibilities include developing and executing tactical plans at the business unit level to achieve strategic objectives and organizational effectiveness. Job expectations include driving a wide range of HR activities and supporting functions across the bank such as talent acquisition, compensation, employee relations, regulatory compliance, performance management, and employee engagement and development.

Responsibilities:

• Manages the strategic delivery of Enterprise and Line of Business (LOB) specific Human Resources (HR) priorities in addition to ensuring organizational effectiveness across talent acquisition, performance management, talent development and learning, succession planning, compensation, etc.

• Applies lenses of operational excellence, organizational health, and opportunity and inclusion across all HR people processes

• Partners with HR Executive and business leaders to ensure that programs and practices are in alignment with Enterprise culture and conduct principles, serving as a trusted advisor to leadership

• Manages and influences critical workforce activities, including but not limited to headcount reporting and analytics, financials/expenses, promotions, opportunity and inclusion, performance, talent management, and key cross-HR initiatives

• Collaborates with compensation, talent acquisition, and business partners to provide appropriate guidance on employee compensation, both at an individual level as well as in aggregate, while maintaining a focus on expense management

• Leverages reporting tool results shared by HR Consultants to inform effective and strategic decision making

Required Qualifications:

• 5+ years of HR generalist experience

• Experience in client management around complex strategic HR issues such as talent management, employee relations, org design/development, change management, etc.

• Must have experience working directly with/consulting a business leader on HR strategy

• Proven track record in developing strategy and proactively driving change to help drive business results and execute on key initiatives

• Experience supporting technically complex and geographically dispersed groups of associates

• Experience managing in a fast-paced, rapidly-changing, and highly complex environment

• Demonstrated ability as an enterprise/global thought leader who can proactively drive change and innovation

• Deep technical HR competence with the ability to influence using a balance of technical HR expertise, business acumen, and relationship skills

• Superb relationship management skills, and the ability to develop strong interpersonal alliances at all levels, and connect with senior executives on both a business and a personal level

• Deep and broad business acumen with a strategic mindset to uncover hidden opportunities that create value through improved processes, competitive advantage, and innovation

Desired Qualifications:

• Knowledge of LOB and the regulatory environment is a plus

• Strong Microsoft Office and PowerPoint skills/written presentation skills

• Project management experience

Skills:

• Adaptability

• Executive Presence

• Leadership Development

• Prioritization

• Relationship Building

• Consulting

• Decision Making

• Fiscal Responsibility

• Problem Solving

• Workforce Planning

• Business Acumen

• Influence

• Project Management

• Strategy Planning and Development

• Workforce Analytics

Minimum Education Requirement:

• Bachelor’s Degree in related field or equivalent work experience