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Business Finance Control, P&L Analyst - Equities

Chester, , United Kingdom

Job Description:

Job Title: BFC P&L Analyst - Equities

LOB: The CFO Group

Corporate Title: Officer

Location: Chester

One of the world’s leading financial institutions, we have 57 million customers ranging from individuals to businesses to governments and we are committed to growing responsibly. We’ve been building meaningful connections in Europe, the Middle East and Africa for 90 years, and you’ll find our 200,000-strong workforce in more than 35 countries worldwide.

Business Unit overview:

At our Chester office, you would be joining one of the largest investment banks in the World and the only Top Tier Bank in the North-West. In Chester we support the Chief Finance Office Group (CFO) which serves a number of essential trading functions within Bank of America. Supporting these trading functions is absolutely critical to our success as a Bank and the work we do in Chester has a global impact by helping multinational organisations, governments and individuals trade successfully on the global markets.

As part of our strategic vision for the CFO group globally we have selected Chester to be our Centre of Excellence and have been growing our teams by hiring more than 50 new accounting professionals from a wide variety of backgrounds in the past 18 months. As an organisation we want you to succeed and will invest in you and your personal development at all points in your career with us and you will have access to a dedicated internal mobility team designed to help with future moves within CFO and the wider bank.

When joining CFO you will support various businesses which trade a variety of products ranging from credit, interest rate and FX products in addition to Equity based products such as options & futures. The primary function of the team is to provide control and business advisory guidance to key business partners; Price Verification (PVG), Trading Desk, Credit & Market risk, Regulatory Group and the RWA team.

Responsibilities:

  • Daily P&L & Balance sheet reporting and oversight. This includes approval of daily sub-ledger P&L, preparation of daily commentary and reviewing changes to the daily balance sheet
  • Core Financial Oversight including price verification, validation of appropriate use of models for records, monthly and quarterly revenue commentary & internal control process including SOX
  • Planning & Reporting including influencing business strategy, plans, budgets and forecasts
  • Running the expense approval process for deal related and organisational expenses as well as providing expense related analytics
  • Mentoring junior colleagues in CFO as we build out our organisation at all levels

Core skills:

  • Good academic profile with a degree or equivalent experience
  • Excellent MS Excel skills with the ability to build and use spreadsheets
  • Demonstrable risk identification and management
  • Positive relationship management and partner management ability

Desirable skills:

  • Investment banking experience
  • Knowledge of derivatives and associated products or a willingness to learn about these products
  • Qualified (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts

We offer a competitive Salary and Benefits package.

Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

For more information on our commitment to ESG, visit about.bankofamerica.com

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-20027794

Manages People:

Manager:

Talent Acquisition Contact:

Referral Bonus:

Check out the Chester office

Located on the River Dee near the Welsh border, we enjoy working in historic Cheshire, surrounded by beautiful green landscape and cultural institutions like the Chester Zoo and Storyhouse.

Three co-workers outdoors at the Chester, UK office
A street in downtown Chester
A river with boats

Street Address

Primary Location:
Herons Way, Chester, CH4 9FE