Bank Of America Sr Data Analyst CFO Profit Management- 

United States, North Carolina, Charlotte 

659484971

Job Description:

Job Description:

This role will support Profit Data Management (PDM) – Customer Activity Based Costing (a.k.a. Profit/ABC), which is an enterprise application and primary source of non-interest expense inputs to the Enterprise Customer Profitability authorized data source. Enterprise Customer Profitability produces risk adjusted profitability data for ~ 190MM customer accounts each month utilizing instrument level operational data.

The scope of Customer Activity Based Costing spans the following lines of business:

• Retail and Preferred
• Merrill
• Private Bank
• All support organizations of the above

Responsibilities:

• Support Profit/ABC Annual Cost Study refresh, monthly production with analysis, execution of controls and communications to ensure timely and accurate data delivery

• Demonstrate proficiency of Profit/ABC methodologies, taxonomy, logic, data lineage and understand strategic uses of customer profitability and ABC data

• Field user questions regarding differences between ABC inputs, outputs and GL data

• Present to business partners, including senior management, to improve overall understanding of Profit/ABC data and the benefits it provides

• Partner with Line of Business Finance, Operations, Marketing and Tech Teams – to understand and/or identify opportunities for integrating Profit/ABC data into internal management routines

• Participate in developing requirements, supporting design and execute testing for changes

Required Qualifications:

• 5 years of financial/analytical experience in the banking/financial services industry

• Strong finance acumen with understanding of banking products and financial statements

• Strong research & analytic skills using querying tools and Excel

• Ability to translate data into information and create the ‘story’ for end users

• Excellent written and oral communication and presentation skills Self-starter with ability to manage multiple tasks/responsibilities simultaneously

• Ability to build strong working relationships to effectively navigate across the PDM organization and with various business partner

Desired Qualifications:

• Accounting, Finance or Business degree

• Experience working with cross functional technology, LOB and finance teams

• Emerging Technology (Alteryx, Tableau, etc.)

• SQL knowledge

• Familiarity with Bank of America’s financial reporting tools (i.e., eLedger)

• Usage and familiarity with customer profitability and activity based (unit) costing concepts

Skills:

• Data Management
• Issue Management
• Policies, Procedures, and Guidelines Management
• Analytical Thinking
• Collaboration
• Data Governance
• Data Quality Management
• Data and Trend Analysis
• Business Acumen
• Controls Management
• Production Support
• Solution Design

1st shift (United States of America)