Bank of America Corporation

Senior Finance Analyst - Business Support (CFO-Card & Small Business Lending Valuation, Analytics, and Reporting)

Bank of America Corporation$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years in financial planning, analysis, and reporting
  • Bachelor's degree in Finance, Accounting, or related field
  • Strong collaboration skills to work with cross-functional teams
  • Detail-oriented with sharp organizational and problem-solving capabilities

Responsibilities

  • Evaluate LOB performance by synthesizing trends and assessing business risks
  • Develop financial management reports and presentations for stakeholders
  • Create forecasts and budgets to assess performance trajectories
  • Support reporting and analysis for constituents like board members and regulators
  • Collaborate across finance to ensure financial integrity and effective controls
  • Support strategic initiatives by automating reporting and process improvements
  • Lead financial analysis and performance monitoring for lending products to inform strategic decisions

Benefits

  • Collaborative team environment
  • Opportunities for professional development
  • Access to data analytics platforms and tools
  • Engagement with various executive-level stakeholders
  • Involvement in high-impact strategic projects
Full Job Description
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.

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
  • Lead financial valuation, forecasting, profitability analysis, and performance monitoring for Consumer, Wealth Management, and Small Business Card lending products, delivering actionable insights to support strategic business decisions along with portfolio performance evaluation and commentary
  • Leverage, develop and maintain financial models and analytical tools that support strategic decision-making, business case development, and ongoing product performance management.
  • Partner with cross-functional stakeholders across Finance, Consumer Product, Technology, Credit Risk, Model Risk Management, and other teams to align financial objectives, analytics, and business strategies.
  • Leverage data and analytics platforms (Alteryx, Tableau, SAS, and related tools) to deliver insights, prepare executive-level reporting, and communicate financial recommendations to senior leadership.


Required Qualifications:
  • 2 years' experience with financial planning, analysis and reporting
  • Bachelor's degree in Finance, Accounting, or a related field
  • Excellent communication skills and the ability to work collaboratively with cross-functional teams
  • Detail-oriented with strong organizational and problem-solving skills


Desired Qualifications:
  • Experience in credit card product valuations and analysis
  • Experience with Alteryx, SQL, SAS, Power Query, VBA and/or Tableau
  • Independent problem solver based on business knowledge and 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

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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