Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
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.

The Investment, Trust, Retirement & Personal Wealth Solutions Reporting, Analysis and Forecasting Team is part of the Consumer/GWIM CFO organization. The primary focus of our team is providing centralized finance support to the GWIM Product teams (Investment Solutions Group, Alternative Investments, Retirement & Personal Wealth Solutions, National Trust Services and Philanthropic Business). Our team will engage with CFO teams and multiple corporate partners to oversee the monthly close process, metric reporting, executive reviews and financial forecasting & planning routines.  Our business partners include Line of Business (LOB) / Business Financial Officer (BFO) / Controllers / Enterprise Stress Testing teams / Corporate Strategy, among others.

The primary focus of this role is to develop, implement and maintain processes and procedures to produce the monthly month-end close and the three baseline forecast cycles.  Responsibilities include:

• Producing through consolidation estimates and actual results for GWIM/MWM non-interest revenue streams.
• Producing through consolidation forecasts for GWIM/MWM non-interest revenue streams.
• Consolidating and communicating results, including variance and attribution analysis, to senior GWIM/MWM leaders.
• Supporting the production credit process
• ISG BFO/Finance support.
• Maintaining and improving end-to-end automation of processes.
• AI adoption across the process.

This role partners with the GWIM/MWM Finance leadership team, and BFO Finance.
  
The team is looking for an energetic candidate with strong technical skills and interest in investment products and trends in wealth management industry.  The successful candidate must be automation focused, AI curious, detailed oriented and have the proven ability to lead a project and take the initiative to own a process from beginning to end.

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

Required Qualifications:

• Bachelor's degree - accounting or finance preferred
• 2 years 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
• Demonstrate intellectual curiosity and be able to communicate effectively in a matrix organization
• Able to work in a fast paced, deadline driven environment

 
Desired Qualifications:

• Basic programing knowledge of SQL, SAS, or VBA
• Basic knowledge of statistical concepts (linear regression, standard deviation, time series analysis, etc)
• Management Reporting experience
• eLedger, EPM /Essbase reporting experience

Skills:

• Attention to Detail
• Business Process Analysis
• Collaboration
• Data Quality Management
• Reporting
• Data Visualization
• Financial Analysis
• Financial Forecasting and Modeling
• Financial Processing
• Prioritization
• Analytical Thinking
• Business Acumen
• Business Case Analysis
• Critical Thinking
• Decision Making

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)

Pay and benefits information

Pay range

$86,600.00 - $124,500.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.