Bank Of America Product Controller 

United Kingdom, England, City of Westminster 

847146908

Job Description:

Job Title:Product Controller

Up to Vice President

Responsibilities:

• Support the analysis and substantiation of the 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

• Analyzes regulatory matters, such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP), and partners with the business on submissions

What we are looking for:

• Confident accounting knowledge is critical, ideally with comfort in both financial accounting and regulatory reporting concepts, with excellent attention to detail & emphasis on documentation

• Exposure to credit based fixed income financial products (bonds, loans, credit default swaps, etc)

• Proven organisational skills required to effectively to manage competing deadlines, often in a fluid environment, alongside pro-active management escalation & engagement with teammates to address ad-hoc issues

• Control focus and able to improve processes

• Comfortable using new technology systems

• Accountancy qualifications (ACA, ACCA or CIMA) preferred

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.