Utilizes thorough knowledge and understanding of product, process and inherent risk. Responsible for preparing analysis and performing critical testing and calculations in support of Sub-LOB. Produces financial reporting and disclosures, assists in production of regulatory matters analysis including CCAR and RRP. Analyzes & substantiates P&L attributes and balance sheets, establishes infrastructure for new products, performs month end close and periodic analysis, and validates postings and balances. Interacts with Front Office and support groups
Regional LOB support for Global Financing & Futures AMRS. Responsible for balance sheet, general ledger, and /or product control specific to a defined area or defined processes. Understands the market and market drivers of the product they are supporting. Understands more complex structured transactions and operational risks around the end to end product lifecycle.
P&L review and oversight
New transaction review and substantiation as part of the due diligence process
Understanding of Front to Back reconciliation and control
Independent price verification
Valuation Adjustment and reserve calculations
Management reporting *revenue and expense analysis)
Ad hoc and value added business support
Month-end book close
Balance Sheet control
Financial disclosure reporting
Management of scarce resource
Valued and trusted business partner to functions including FO, IT, Risk, Operations and Compliance
Bank of America is one of the world’s leading financial institutions, serving individual consumers, 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. The company offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.