• Job Description

  Req#: 25038404

  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 an 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.
  
  Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
  
  At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

  Job Description Summary: This job is responsible for more complex financial activities involving the consolidation of the bank's month-end close, planning, forecasting and capital processes. Key responsibilities include performing forecasting, profitability analysis, financial reporting, and trend analysis using advanced modeling /software skills and assisting with ad hoc requests. Job expectations include working with key planning and analysis partners on small projects, research, and evaluations of financial performance while maintaining Operational Excellence and a controls discipline.

  Line of Business Description: Partner with teams across CFO, Risk, and Enterprise Scenario Planning & Execution (ESPE) to deliver critical stress testing and Global Resolution & Recovery Planning (GRRP) initiatives for Regional Banking and GWIM Finance FP&A.
  

  Responsibilities:

  • Reviews, challenges, and reports on forecasts and budgets by comparing current performance against plan, prior periods and prior forecasts, and evaluating current and future performance trajectory

  • Compiles financial information from a Line of Business (LOB) and consolidated perspective for presentation to stakeholders

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

  • Develops financial management dashboards, reports, presentations, ad hoc analysis, and research using Microsoft Office Suite and Emerging Technology tools

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

  • Supports 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

  • Exhibits strong attention to detail and applies analytical thinking and problem solving to deliverables while collaborating with key stakeholders and partners

  Additional Responsibilities:

  • Review, analyze, and report consolidated stress forecast results and contingency options, preparing impactful presentations for senior stakeholders

  • Act as a delegate for GRRP inventory, collaborating closely with process leads and senior managers to drive process improvements and automation, ensuring efficiency and strong controls

  • Work on high-visibility projects, applying analytical thinking and problem-solving skills while building relationships across the Finance organization

  • Contribute to strategic priorities and enhance the integrity of financial reporting

  Required Qualifications:

  • 2+ years of experience in FP&A, stress testing, financial analysis, or related roles

  • Advanced Excel skills

  • Desire to learn and leverage emerging technologies (Tableau, Alteryx, Workiva, Picklinks, Power Query, Power Pivot, CoPilot)

  • Highly organized and proactive

  • Strong communication skills - able to communicate concepts both verbally and in written form across all levels of the organization

  • Detail oriented with control mindset

  • Proven track record of working independently in a fast-paced, results driven environment with evolving priorities

  • Excellent time management skills with the ability to meet critical deadlines

  • Demonstrated ability to work cohesively within a team-oriented environment

  • Internally motivated to consistently achieve personal standards of excellence

  Desired Qualifications:

  • Bachelor's degree in Finance or Accounting

  • Knowledge of the Regional Banking and GWIM businesses and associated corporate functions

  • 4+ years of professional / demonstrated work experience within financial services industry

  • General Ledger / EPM / Essbase Proficiency

  Skills:

  • Analytical Thinking

  • Attention to Detail

  • Financial Accounting

  • Financial Processing

  • Consulting

  • Critical Thinking

  • Financial Forecasting and Modeling

  • Reporting

  • Scenario Planning and Analysis

  • Business Acumen

  • Business Analytics

  • Influence

  • Prioritization

  • Problem Solving

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

  Pay and benefits information

  Pay range

  $90,000.00 - $125,900.00 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.

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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