Business Finance Control (BFC) role with a specialty in Capital Markets
The Corporate Treasury Finance team is part of the Chief Financial Officer organization and performs the finance function for Corporate Treasury. The team provides end-to-end finance support for the corporation's ALM portfolio which includes Debt Securities, Residential Mortgages, and various derivatives used to manage the company's interest rate risk. Additionally, the team provides finance support for other treasury activities including BOLI and hedging of non-qualified deferred compensation.
This position will specifically focus on various types of debt securities and tracking of performance of hedging programs. Responsibilities include new product approval and setup, daily review of portfolio results, management and investor relations reporting, forecast analysis and ad-hoc trade analysis in support of treasury activities. Business partners include the Chief Investment Officer (CIO) team, Balance Sheet Management, Capital, Consumer Finance, Enterprise Stress Testing and Accounting Policy.
Associate in this role will be responsible for the following:
- Monthly and Quarterly analysis of portfolio trends, modeling results and market variables used in forecasting process
- Balance Sheet and Income Statement forecasting (baseline, stress testing, and short-term estimate to actual tracking)
- Drive process improvement initiatives to streamline reporting and forecasting process
- Price testing for debt securities
Required Skills:
- This role will require direct communication with business partners and senior management. The ideal candidate should possess excellent communication skills and be comfortable presenting at various levels of the organization
- Working knowledge of SQL and advanced Excel skills - the team leverages data warehouses which require working knowledge of SQL and working with large amounts of data in Excel. Ideal candidate is expected to use advanced Excel functions and create executive level summary reports
- 1-3 years of financial support experience
- 4 year degree in Finance or Accounting - or related work experience
- Data analysis and reporting experience
Desired Skills:
- CFA or CPA preferred
Job Band:
H5
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
2000
--> Job Description:
Business Finance Control (BFC) role with a specialty in Capital Markets
The Corporate Treasury Finance team is part of the Chief Financial Officer organization and performs the finance function for Corporate Treasury. The team provides end-to-end finance support for the corporation's ALM portfolio which includes Debt Securities, Residential Mortgages, and various derivatives used to manage the company's interest rate risk. Additionally, the team provides finance support for other treasury activities including BOLI and hedging of non-qualified deferred compensation.
This position will specifically focus on various types of debt securities and tracking of performance of hedging programs. Responsibilities include new product approval and setup, daily review of portfolio results, management and investor relations reporting, forecast analysis and ad-hoc trade analysis in support of treasury activities. Business partners include the Chief Investment Officer (CIO) team, Balance Sheet Management, Capital, Consumer Finance, Enterprise Stress Testing and Accounting Policy.
Associate in this role will be responsible for the following:
- Monthly and Quarterly analysis of portfolio trends, modeling results and market variables used in forecasting process
- Balance Sheet and Income Statement forecasting (baseline, stress testing, and short-term estimate to actual tracking)
- Drive process improvement initiatives to streamline reporting and forecasting process
- Price testing for debt securities
Required Skills:
- This role will require direct communication with business partners and senior management. The ideal candidate should possess excellent communication skills and be comfortable presenting at various levels of the organization
- Working knowledge of SQL and advanced Excel skills - the team leverages data warehouses which require working knowledge of SQL and working with large amounts of data in Excel. Ideal candidate is expected to use advanced Excel functions and create executive level summary reports
- 1-3 years of financial support experience
- 4 year degree in Finance or Accounting - or related work experience
- Data analysis and reporting experience
Desired Skills:
- CFA or CPA preferred
Job Band:
H5
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
2000
Job Description:
Business Finance Control (BFC) role with a specialty in Capital Markets
The Corporate Treasury Finance team is part of the Chief Financial Officer organization and performs the finance function for Corporate Treasury. The team provides end-to-end finance support for the corporation's ALM portfolio which includes Debt Securities, Residential Mortgages, and various derivatives used to manage the company's interest rate risk. Additionally, the team provides finance support for other treasury activities including BOLI and hedging of non-qualified deferred compensation.
This position will specifically focus on various types of debt securities and tracking of performance of hedging programs. Responsibilities include new product approval and setup, daily review of portfolio results, management and investor relations reporting, forecast analysis and ad-hoc trade analysis in support of treasury activities. Business partners include the Chief Investment Officer (CIO) team, Balance Sheet Management, Capital, Consumer Finance, Enterprise Stress Testing and Accounting Policy.
Associate in this role will be responsible for the following:
- Monthly and Quarterly analysis of portfolio trends, modeling results and market variables used in forecasting process
- Balance Sheet and Income Statement forecasting (baseline, stress testing, and short-term estimate to actual tracking)
- Drive process improvement initiatives to streamline reporting and forecasting process
- Price testing for debt securities
Required Skills:
- This role will require direct communication with business partners and senior management. The ideal candidate should possess excellent communication skills and be comfortable presenting at various levels of the organization
- Working knowledge of SQL and advanced Excel skills - the team leverages data warehouses which require working knowledge of SQL and working with large amounts of data in Excel. Ideal candidate is expected to use advanced Excel functions and create executive level summary reports
- 1-3 years of financial support experience
- 4 year degree in Finance or Accounting - or related work experience
- Data analysis and reporting experience
Desired Skills:
- CFA or CPA preferred
Shift:
1st shift (United States of America)
Hours Per Week:
40
Learn more about this role
You’ve led troops, now help lead your community
As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all.
First you fought for the American dream, now you can guide its future
You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.
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