Senior Financial Analyst - FP&A

Job Description:

Job Title: Senior Financial Analyst - FP&A

Location: London

Corporate Title: Up to Vice President

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The 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.  The team’s key responsibilities include:

• Reporting, analysing and communicating the regional performance to senior management and external parties, covering both EMEA and International and the interaction with key legal entities

• 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

Responsibilities:

The role is highly varied and challenging and will involve working across all team responsibilities, including:

Regional 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

Regional and Legal Entity 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

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

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 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

What we are looking for:

• 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

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

• Knowledge of investment banking industry

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

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum 

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

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 sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or 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.