Bank Of America Finance Manager - Business Support Card & 

United States, North Carolina, Charlotte 

4755

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.

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

Additional Responsibilities:

• Develop, maintain, and automate Credit Card Valuation profitability forecasting tools and models, including the methodologies that are utilized across the team for analysis of Card Product initiatives, forecasting, actual profitability, and portfolio performance evaluation

• Serve as the subject matter expert in the model forecasting formulas, concepts, and limitations and ensure that the forecasting approach complies with model governance standards and provides accurate and meaningful business insights

• Collaborate with cross-functional teams, including: Finance, Consumer Product, Technology, Credit Risk, Model Risk Management and others, to ensure the alignment of financial goals and tools with business strategies

• Prepare reports and presentations for senior management, clearly communicating financial insights and recommendations

• Be a thought leader, problem solver and change agent that can independently develop novel ideas, gain buy in, and implement the vision

Required Qualifications:

• 5+ years’ experience in Consumer Lending analysis (preferably Credit Card) or equivalent

• Experience in applying business acumen to understand various analytic outputs and detect behavioral patterns in data to extrapolate recommendations for future actions

• Ability to independently lead data driven, analytical or automation projects that require buy in and adoption from the broader team

• Excellent communication skills and the ability to work collaboratively with cross-functional teams

Desired Qualifications:

• Bachelor’s degree preferably in Finance, Business, Computer Science or a related field

• Experience in building, maintaining, and improving discounted cash flow models

• Independent problem solver based on business knowledge and experience

• Technical expertise with Alteryx, SQL, SAS, Power Query, VBA and/or Tableau

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