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Financial Analysis – FP&A

Chester, , United Kingdom

Job Description:

Job Title: Financial Analysis – FP&A  

LOB: The CFO Group / FP&A

Corporate Title: Vice President

Location: Chester

An opportunity has become available in the Chester office for a Financial Analysis – FP&A to join the EMEA FP&A team. The Financial Planning & Analysis team (FP&A) is part of the Chief Financial Office (CFO). The team works across all lines of business within the region with offshore support from India. 

Candidates must be versatile, able to produce high quality work under tight timescales, work across business lines and support areas and communicate well with senior executives and leaders.

The role would suit a finance professional (ACA, ACCA, CIMA, CFA) with excellent business knowledge of the investment banking industry and a good understanding of industry trends and the performance drivers behind key product lines.

Responsibilities:

  • Reporting, analysing and communicating the regional and legal entity performance to senior mgmt and external parties

  • Presentations and key materials for external stakeholders to support strategic priorities, including regulators

  • Executive Support, working across businesses and support functions and with the regional and legal entity executive team

  • Strategic/Ad-Hoc Projects: Proactively identifying new opportunities and supporting major cross-LOB projects & initiatives

  • Market & Competitor Insight: Global benchmarking and producing strategic insights for senior leadership to drive priorities

                            

The role offers the opportunity for both personal and professional development. The successful candidate will gain:

  • Significant senior management exposure, both inside and outside of CFO

  • A broad view and understanding of the entire regional platform and the impact of the market environment

  • A large degree of day-to-day variety, with a substantial amount of ad-hoc / strategic initiative work

The role is highly varied and challenging and will involve working across all team responsibilities, but with a specific focus on the key European entities, BofAE DAC and BofASE.  Key deliverables include:

Regional and Legal Entity Performance Analysis and Executive Support:

  • Ad-hoc analysis, presentations and briefings for senior management for internal and external audiences

  • Regional and legal entity performance analysis and insight for executives and key regulators

  • Country performance analysis for senior management and country leadership teams

  • Presentations for external parties on regional and key legal entity performance and associated briefing materials

Legal Entity and Regional Strategy and Planning

  • Communication of the regional and key legal entity strategy to local regulators, working across businesses and support functions and with the regional executive team

  • Support for major cross-line of business projects and initiatives within the region and legal entity

  • Support for Country Strategic Reviews, working with local offices to produce plans for senior management

  • Involvement in the preparation and delivery of the annual ICAAP and review of the quarterly stress testing results

  • Support for ad-hoc regulatory requests

Market and Competitor Insight:

  • Competitor performance analysis including benchmarking

  • Consolidated analysis of peer group performance, including strategic insights for senior leadership to drive priorities

  • Monitor news flow / market developments / analyst reports to provide updates and insights to senior management

Short-Term Objectives:

  • Build professional working relationships with Lines of Business and across the CFO, COO and Risk functions

  • Develop a deep understanding of the composition and structure of the EMEA franchise and key priorities

  • Gain a broad knowledge of the product suite and solid understanding of revenue and expense drivers

Long-Term Development Objectives:

  • Become a go-to resource for impactful analysis and insight into performance and financials plans

  • Spearheading strategic projects, efficiency improvements, MI enhancements and ad-hoc requests for senior management and the wider CFO team

  • Generate proactive analysis and insight to drive strategic discussion and priorities with senior management

The Team:

The EMEA Corporate Planning team consists of 9 people covering both EMEA regional management reporting as well as legal entity reporting delivered  to both senior management and regulators

Core Skills:

  • High degree of numerical, verbal and analytical ability

  • Qualified Accountant (ACA, CIMA or ACCA qualified) with proven accounting skills and an eye for detail

  • Able to produce high quality, accurate output under tight timescales

  • Confident interpersonal skills and ability to build partnerships with key internal clients

  • Proactive and self-motivated with a track record of delivering insightful analysis and making improvements

  • Organised, able to manage workload efficiently

  • Confident Excel skills

  • A genuine interest in Banking as an industry and a desire to understand how businesses operate and what drives the financial performance. 

Desirable:

  • Knowledge of banking industry

  • FP&A experience, including building forecasts, designing reports and generating analysis

  • ICAAP knowledge and experience of delivering reports and analysis to regulators

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. 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.

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H4

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title: Financial Analysis – FP&A  

LOB: The CFO Group / FP&A

Corporate Title: Vice President

Location: Chester

An opportunity has become available in the Chester office for a Financial Analysis – FP&A to join the EMEA FP&A team. The Financial Planning & Analysis team (FP&A) is part of the Chief Financial Office (CFO). The team works across all lines of business within the region with offshore support from India. 

Candidates must be versatile, able to produce high quality work under tight timescales, work across business lines and support areas and communicate well with senior executives and leaders.

The role would suit a finance professional (ACA, ACCA, CIMA, CFA) with excellent business knowledge of the investment banking industry and a good understanding of industry trends and the performance drivers behind key product lines.

Responsibilities:

  • Reporting, analysing and communicating the regional and legal entity performance to senior mgmt and external parties

  • Presentations and key materials for external stakeholders to support strategic priorities, including regulators

  • Executive Support, working across businesses and support functions and with the regional and legal entity executive team

  • Strategic/Ad-Hoc Projects: Proactively identifying new opportunities and supporting major cross-LOB projects & initiatives

  • Market & Competitor Insight: Global benchmarking and producing strategic insights for senior leadership to drive priorities

                            

The role offers the opportunity for both personal and professional development. The successful candidate will gain:

  • Significant senior management exposure, both inside and outside of CFO

  • A broad view and understanding of the entire regional platform and the impact of the market environment

  • A large degree of day-to-day variety, with a substantial amount of ad-hoc / strategic initiative work

The role is highly varied and challenging and will involve working across all team responsibilities, but with a specific focus on the key European entities, BofAE DAC and BofASE.  Key deliverables include:

Regional and Legal Entity Performance Analysis and Executive Support:

  • Ad-hoc analysis, presentations and briefings for senior management for internal and external audiences

  • Regional and legal entity performance analysis and insight for executives and key regulators

  • Country performance analysis for senior management and country leadership teams

  • Presentations for external parties on regional and key legal entity performance and associated briefing materials

Legal Entity and Regional Strategy and Planning

  • Communication of the regional and key legal entity strategy to local regulators, working across businesses and support functions and with the regional executive team

  • Support for major cross-line of business projects and initiatives within the region and legal entity

  • Support for Country Strategic Reviews, working with local offices to produce plans for senior management

  • Involvement in the preparation and delivery of the annual ICAAP and review of the quarterly stress testing results

  • Support for ad-hoc regulatory requests

Market and Competitor Insight:

  • Competitor performance analysis including benchmarking

  • Consolidated analysis of peer group performance, including strategic insights for senior leadership to drive priorities

  • Monitor news flow / market developments / analyst reports to provide updates and insights to senior management

Short-Term Objectives:

  • Build professional working relationships with Lines of Business and across the CFO, COO and Risk functions

  • Develop a deep understanding of the composition and structure of the EMEA franchise and key priorities

  • Gain a broad knowledge of the product suite and solid understanding of revenue and expense drivers

Long-Term Development Objectives:

  • Become a go-to resource for impactful analysis and insight into performance and financials plans

  • Spearheading strategic projects, efficiency improvements, MI enhancements and ad-hoc requests for senior management and the wider CFO team

  • Generate proactive analysis and insight to drive strategic discussion and priorities with senior management

The Team:

The EMEA Corporate Planning team consists of 9 people covering both EMEA regional management reporting as well as legal entity reporting delivered  to both senior management and regulators

Core Skills:

  • High degree of numerical, verbal and analytical ability

  • Qualified Accountant (ACA, CIMA or ACCA qualified) with proven accounting skills and an eye for detail

  • Able to produce high quality, accurate output under tight timescales

  • Confident interpersonal skills and ability to build partnerships with key internal clients

  • Proactive and self-motivated with a track record of delivering insightful analysis and making improvements

  • Organised, able to manage workload efficiently

  • Confident Excel skills

  • A genuine interest in Banking as an industry and a desire to understand how businesses operate and what drives the financial performance. 

Desirable:

  • Knowledge of banking industry

  • FP&A experience, including building forecasts, designing reports and generating analysis

  • ICAAP knowledge and experience of delivering reports and analysis to regulators

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. 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.

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. 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-21059879

Band: H4

Manages People:

Manager:

Talent Acquisition Contact:

Serena Coventry

Referral Bonus:

0

Street Address

Primary Location:
Herons Way, Chester, CH4 9FE