Bank of America Corporation

Senior Finance Analyst - Business Support (Global Operations Finance)

Bank of America Corporation • $80K — $95K *
Charlotte, NC 28269In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 2–5 years of finance-related experience with strong analytical and operational skills.
  • Proficient in Microsoft Excel (macros, pivot tables) and PowerPoint.
  • Self-starter with the ability to thrive in a fast-paced environment.
  • Excellent organizational skills and attention to detail.
  • Strong communicator with the ability to build relationships.
  • Strategic thinker who can tackle complex business challenges.
  • Intellectually curious and eager to enhance support capabilities.

Responsibilities

  • Evaluates financial performances of Lines of Business to support decision-making processes.
  • Develops comprehensive financial management reports and ad hoc analyses for stakeholders.
  • Creates forecasts and budgets by analyzing current versus prior performance.
  • Supports reporting and analysis for diverse stakeholders, including management and regulatory bodies.
  • Collaborates with Finance teams to ensure accuracy and sound controls in financial reporting.
  • Automates reporting processes and drives improvements that align with strategic initiatives.

Benefits

  • Exposure to finance and operations within a dynamic business unit.
  • Opportunity to develop key financial and business acumen skills.
  • Engagement with various operational and management teams.
  • Involvement in strategic initiatives and projects for process improvement.
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.

The primary focus of the Operations Finance team is to provide strong financial support for the day-to-day finance activities of a business unit. Business partners include Business Finance Officers (BFO), as well as line of business (LOB) Operations managers. Key priorities are P&L planning, forecasting and month-end analysis/reporting for the Operations organization. Throughout the tenure of this role, the teammate will gain exposure within the finance organization while improving/developing the following skills: financial/business acumen, attention to detail, analytical and strategic thinking, planning and forecasting, leadership, communication, and relationship management.

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:

  • 2–5 years of finance related experience with demonstrated analytical, operational proficiency and cross0functional collaboration
  • Proficient in Microsoft Office products with emphasis on strong Excel (macros, pivot tables, look-ups, and filtering) and PowerPoint
  • Self-starter able to work in a fast-paced environment
  • Strong financial reporting background
  • Well organized and strong attention to detail
  • Seeks to build relationships and collaborate with teammates
  • Strategic thinker with the ability to understand complex business challenges and potential solutions
  • Strong organization skills and ability to manage/sequence multiple deliverables Strong written and oral communications skills
  • Possess intellectual curiosity and the desire to learn and improve our influence as a support partner

Desired Qualifications:

  • Bachelor's degree in Finance or Accounting
  • SAP / eLedger / Essbase
  • FP&A (Financial planning & analysis) 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
Finance & Insurance
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ
BAC
* Ladders Estimates

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