CFD BFC Sn Associate-VP

Job Description:

Overview of Area

The Central Funding Desk is a global desk operating out of AMRS, EMEA and APAC.  The business facilitates both the issuance of Bank of America Structured Notes (Primary) and provides a market making facility (Secondary) for both BAC and Non BAC issued paper.   The business is presently supported by a finance team operating in 4 locations both in the US and abroad.  This business serves both Institutional and Retail investors by offering a wide variety of structured note products in rates, fx, commodities, credit and equities.

Key Responsibilities

• Substantiate the official daily P&L explain for one (or multiple asset classes). Oversight of trader T0 flashes and estimate to official T+1 P&L variances as business unit level.
• Daily Pnl production for primary and secondary trading activity.
• Preparation monthly & quarterly revenue commentary to senior management and regulators.
• Review of changes to daily balance sheet & substantiation to transactional activity.
• Daily interaction with the Front Office Trading desk and collaboration with other support teams.
• Balance sheet analysis (capital, liquidity, exposures etc) including inventory aging and its reporting.
• Month end close, including Financial Disclosures, reconciliations and journal entries.
• Quarterly disclosures (Fair Value, Statement of Cash Flow, FRY-9, etc).
• Preparation of the daily/monthly/quarterly management reporting for senior manager.
• Various strategic initiative participation and engagement.
• Production and analysis of monthly Valuation Adjustments and Independent Pricing.

Shift:

Hours Per Week: