Bank Of America BFC Product Associate 

United Kingdom, England, Chester 

643013298

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 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

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