Bank Of America Senior Finance Analyst – Business Support 

United States, North Carolina, Charlotte 

704647011

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.

Responsibilities:

• Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics

• Develops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners

• Creates forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectory

• Supports reporting and analysis for key constituents and management, which may include Board of Directors, Investor Relations, and/or various regulatory agencies

• Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures

• Supports new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities

Additional Responsibilities:

Responsibilities include:

• Producing stress forecasts for GWIM non-interest revenue streams, comprising multiple products and asset classes, for use in the Federal Reserve Board’s Comprehensive Capital Analysis & Review (CCAR)

• Consolidating and communicating stress results, including variance and attribution analysis, to senior GWIM leaders

• Maintaining and improving end-to-end automation of complex forecast process by utilizing Power Query and VBA

• Liaising with quantitative modeling team, lines of business, and model risk management to develop quantitative and/or qualitative models that accurately reflect revenue drivers and business risks to stress GWIM Non-Interest Income

• Develop and implement model governance and monitoring process through Ongoing Monitoring Reviews and Reporting utilizing statistical tests and benchmarking to identify and investigate model performance issues. Perform statistical models back-testing and monitor adherence to monitoring plan with GWIM LOB, BFOs, Model Developers and Model Risk Management (MRM)

Required Skills:

• 5+ years of financial analysis work experience

• Experience working with large data sets and strong data analysis skills

• Financial Forecasting experience or monthly / quarterly reporting

• Advanced Excel / data manipulation / Power Query / Alteryx / Tableau

• Analytical Abilities / Financial Acumen - Systematic application of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at well-founded logical conclusions

• Strong organizational and communication skills

Desired Skills:

• Basic programing knowledge of SQL, SAS, or VBA

• Basic knowledge of statistical concepts (linear regression, standard deviation, time series analysis, etc)

• Regulatory Reporting experience

• eLedger, EPM /Essbase reporting experience

• Strong business acumen including investment products knowledge

• CFA / MBA / CPA

• Bachelor's degree - accounting or finance preferred

1st shift (United States of America)