Sr Fin Analyst – Financial Business Support

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Chief Financial Officer (CFO) Group is responsible for the overall financial management of our company. This includes accounting, financial and regulatory reporting, balance sheet management, financial planning and analysis, treasury, investor relations, corporate investments and tax.

Global Expense Management (GEM)/ Global Banking and Markets Finance strives to be a valued business partner to the company's trading, corporate and institutional banking businesses. Our first priority is to operate a series of key control processes to ensure the integrity of Bank of America’s financial results. Then we build on these activities to offer performance insight to business leaders. The assets of Finance are its people. 

Team Overview - Our team’s primary focus within GEM is to provide a broad array of Management Reporting including strategic guidance and insight to our Front office Partners, COO’s,  Senior Management, CFO’s, Corporate and FP&A teams.  This Globally challenging role places emphasis on expense management analytics and management reporting routines.  Our team provides opportunities to create new processes and innovate on best practices to support expense management (drive change and challenge status quo).  We continuously look for opportunities to apply emerging technology to drive efficiencies and reduce risk in manual reporting processes. 

The Senior Financial Analyst - Finance Business Support role is a key position within the Global Expense Management (GEM) team, supporting the Global Banking and Markets (GBAM) business segment. The role requires working closely with front office business partners, senior management, and CFO teams to manage and control a complex expense base of over $27 billion, in addition to managing allocations of $11 billion. The ideal candidate will thrive in a high-demand, fast-paced environment, and be eager to roll up their sleeves and deliver results.

This role is perfect for a driven individual seeking to build deep financial expertise while gaining significant exposure to the business and leadership. Candidates should have a strong foundation in financial reporting, expense management, and possess the ability to work with complex financial data across multiple geographies and business lines.

Key Responsibilities:

 Financial Reporting & Expense Management:

•  Work with team on weekly estimates, monthly close, and management reporting.
•  Ensure accuracy and relevance of financial reporting, including variance analyses that explain fluctuations in key business drivers.
•  Prepare management presentations for senior leaders, including Investor Relations and quarterly earnings results.
•  Engage directly with CFO teams to ensure consistency in reporting and alignment with business goals.

Collaboration & Cross-Functional Partnership:

•  Work closely with multiple CFOs and business partners, particularly in Global Banking and Global Markets, to provide strategic financial insights and recommendations.
•  Serve as the primary liaison between business units and finance, ensuring alignment on financial processes, reporting, and decision-making.
•  Engage with front office teams globally to ensure expense management initiatives are executed consistently across regions.

Process Improvement & Strategic Initiatives:

•  Identify opportunities for process automation and drive initiatives to improve reporting efficiency and reduce manual reporting risks.
•  Lead efforts to innovate and streamline financial processes, leveraging technology and best practices to enhance transparency and control over expenses.
•  Ensure compliance with internal controls and governance processes related to financial reporting.

Team Integration & Leadership:

•  Play an active role in integrating with the close-knit GEM team, working collaboratively across eight onshore and six offshore team members.

Required Qualifications:

• Bachelor’s degree in Finance, Accounting, or related field.
• 3+ years of relevant financial reporting and analysis experience.
• Experience in banking, financial services, or fast-paced corporate environments.
• Proficiency in Microsoft Excel is critical; candidates must demonstrate advanced Excel skills (e.g., pivot tables, formulas, financial modeling).
• Strong understanding of financial reporting principles and experience in process automation or improvements.
• Self-starter mentality: Candidates must be eager to take initiative and proactively dive into tasks.
• Strong communication skills, with the ability to present financial data to CFO and COO teams.
• Demonstrate reliability, teamwork, and a strong commitment to the team’s goals.
• Ability to work in a high-pressure environment, with flexibility to accommodate the early morning start times (8 AM start) to align with global team interactions.

Skills:

• Attention to Detail
• Business Process Analysis
• Collaboration
• Data Quality Management
• Reporting
• Data Visualization
• Financial Analysis
• Financial Forecasting and Modeling
• Financial Processing
• Prioritization
• Analytical Thinking
• Business Acumen
• Business Case Analysis
• Critical Thinking
• Decision Making

Shift:

Hours Per Week: