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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

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

Job Profile/Description Summary: This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations may include supporting management in key decision making and influencing and gaining support from financial analysts.

Additional Information: This role is on the Secured Lending Revenue Horizontal Products Reporting, Analysis & Forecasting Team which is part of the Regional Banking and Wealth Management (RB & WM) Finance organizations, providing finance support for Secured lending products (Mortgage, Home Equity, Vehicle Lending and Wealth Management Structured Lending). The team provides reporting, forecasting/stress testing, analytics (business cases, product profitability, analytics, etc.) and business partnering support.

Responsibilities:

• Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement
• Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
• Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
• Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
• Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
• Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures

Additional Responsibilities:

• Executes on forecasting activities such as balance sheet and NII baseline, stress testing, and month-end deliverables for the Home Equity Product and finance activities related to overall Home Loans stress testing results and Single Process Inventory (SPI).
• Assists in model development/refinement and methodology improvement.
• Maintains, develops, and reports on analytics for Secured Lending products while proactively developing and highlighting new trends, calls out outliers, produce value add findings and reporting
• Supports ad-hoc requests from BFOs and LOB partners. Typically include what-if, pro forma analysis and data mining requests

Required Qualifications:

• Bachelor's degree
• Minimum of 7+ years of financial analysis experience
• Advanced Excel and Data mining /manipulation experience
• Familiarity with building models
• Strong organizational skills and be able to work independently
• Demonstrates intellectual curiosity and be able to communicate effectively in a matrix organization
• Able to work in a fast paced, deadline driven environment

Desired Qualifications:

• Familiarity with eLedger, Essbase, Emerging technology such as Alteryx, and ForecastConnect
• Quantitative / statistical analysis experience

Skills:

Financial Analysis, Financial Management, Data Quality Management, Business Process Analysis, Collaboration, Data Visualization, Analytical Thinking, Critical Thinking, Decision Making, Prioritization, Project Management, Business Case Analysis, Financial Forecasting and Modeling, Reporting, Business Acumen

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Westlake Village - 31303 Agoura Rd - 31303 Agoura Road (CA6917)

Pay and benefits information

Pay range

$115,000.00 - $165,000.00 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.