Business Finance Officer – Enterprise Credit Finance
Charlotte, North Carolina
Job Description:
Bank of America commitment to Diversity and Inclusion statement
We’re a culture that:
Believes in responsible growth and has a proven dedication to supporting the communities we serve.
Provides continuous training and developmental opportunities to help people achieve their goals, whatever their background or experience.
Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients and customers around the world.
Is committed to advancing our tools, technology and ways of working. We always put our clients first to meet their evolving needs.
The Chief Financial Officer (CFO) Groupis responsible for the overall financial management of our company. This includes accounting, financial and regulatory reporting, balance sheet management, financial planning and analysis, treasury, investor relations, corporate investments and tax
Global Banking and Markets Financestrives to be a valued business partner to the company’s trading, corporate and institutional banking businesses. Our first priority is to operate a series of key control processes to ensure the integrity of GBAM’s financial results. Then we build on these activities to offer performance insight to business leaders. The assets of Finance are its people.
Business Finance Officers/Control (BFO/BFC)Partners directly with our Front Office LOBs providing strategic guidance and insight; Performs the product control function to ensure the integrity of our financial results
Team / Overview
This is a Business Finance Officer role within Enterprise Credit Finance team supporting Commercial Banking segments. This role is responsible for leading planning and forecasting routines and providing reporting and analysis on progress against key business objectives against the financial plan.
This position is part of the Enterprise Credit Finance team is aligned to Global Banking within the Global Banking & Markets (GBAM) Finance organization. The Enterprise Credit Finance team is composed of approximately 20 employees located in Charlotte.
This role will allow opportunity to gain exposure and acumen in P&L management & reporting and develop or improve the following skills: Business partnering, executive presentation, product experience, and ad-hoc analysis.
Key responsibilities include the following:
Coordinate among key stakeholders and support partners to drive consistent and actionable analysis that can be shared with the line of business and finance leaders.
Act as a trusted strategic advisor and member of the leadership team for the businesses supported.
Present financial updates to both executive audience for expanded team audiences.
Interpret and present financial results to the business to explain results and identify opportunities.
As finance liaison for the business, assist in coordinating the solution to any accounting or finance related question that is raised by business partners. These can include a broad range of questions including client or product profitability, capital treatment and return, liquidity impacts, etc.
Provide perspective and key driver input into financial routines such as forecast, quarter-end and management or regulatory routines
Look for opportunities to drive process improvement and operational excellence across routines
Required Skills
Bachelor’s degree, in accounting or finance
Prior accounting or financial analysis work experience
Strong communication, organization, presentation, analytical and leadership skills
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.
Builds Partnerships – Builds broad-based business relationships across the organization. Skillfully influences peers and colleagues to promote and sell ideas. Proactively surfaces and resolves conflict with efficiency.
Organization and the ability to juggle multiple tasks and responsibilities
Strong business acumen
Advanced excel skills
Desired Skills
Knowledge of Commercial Banking products
Forecast or planning experience
Tableau experience
Job Band:
H5
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
Bank of America commitment to Diversity and Inclusion statement
We’re a culture that:
Believes in responsible growth and has a proven dedication to supporting the communities we serve.
Provides continuous training and developmental opportunities to help people achieve their goals, whatever their background or experience.
Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients and customers around the world.
Is committed to advancing our tools, technology and ways of working. We always put our clients first to meet their evolving needs.
The Chief Financial Officer (CFO) Groupis responsible for the overall financial management of our company. This includes accounting, financial and regulatory reporting, balance sheet management, financial planning and analysis, treasury, investor relations, corporate investments and tax
Global Banking and Markets Financestrives to be a valued business partner to the company’s trading, corporate and institutional banking businesses. Our first priority is to operate a series of key control processes to ensure the integrity of GBAM’s financial results. Then we build on these activities to offer performance insight to business leaders. The assets of Finance are its people.
Business Finance Officers/Control (BFO/BFC)Partners directly with our Front Office LOBs providing strategic guidance and insight; Performs the product control function to ensure the integrity of our financial results
Team / Overview
This is a Business Finance Officer role within Enterprise Credit Finance team supporting Commercial Banking segments. This role is responsible for leading planning and forecasting routines and providing reporting and analysis on progress against key business objectives against the financial plan.
This position is part of the Enterprise Credit Finance team is aligned to Global Banking within the Global Banking & Markets (GBAM) Finance organization. The Enterprise Credit Finance team is composed of approximately 20 employees located in Charlotte.
This role will allow opportunity to gain exposure and acumen in P&L management & reporting and develop or improve the following skills: Business partnering, executive presentation, product experience, and ad-hoc analysis.
Key responsibilities include the following:
Coordinate among key stakeholders and support partners to drive consistent and actionable analysis that can be shared with the line of business and finance leaders.
Act as a trusted strategic advisor and member of the leadership team for the businesses supported.
Present financial updates to both executive audience for expanded team audiences.
Interpret and present financial results to the business to explain results and identify opportunities.
As finance liaison for the business, assist in coordinating the solution to any accounting or finance related question that is raised by business partners. These can include a broad range of questions including client or product profitability, capital treatment and return, liquidity impacts, etc.
Provide perspective and key driver input into financial routines such as forecast, quarter-end and management or regulatory routines
Look for opportunities to drive process improvement and operational excellence across routines
Required Skills
Bachelor’s degree, in accounting or finance
Prior accounting or financial analysis work experience
Strong communication, organization, presentation, analytical and leadership skills
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.
Builds Partnerships – Builds broad-based business relationships across the organization. Skillfully influences peers and colleagues to promote and sell ideas. Proactively surfaces and resolves conflict with efficiency.
Organization and the ability to juggle multiple tasks and responsibilities
Strong business acumen
Advanced excel skills
Desired Skills
Knowledge of Commercial Banking products
Forecast or planning experience
Tableau experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Learn more about this role
Full time
JR-22086266
Band: H5
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Jeannie Jones-Pickering
Referral Bonus:
0
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the “EEO is the Law” poster, CLICK HERE (~~~) .
To view the “EEO is the Law” Supplement, CLICK HERE (~~~) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .
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