Product Associate - Business Finance Control

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:

This job is responsible for supporting business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management, front office, and other business stakeholders. Key responsibilities include applying knowledge of product(s), processes, and inherent risks for a product, business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets, assist in production of regulatory matters analysis, and perform critical testing and calculations.

Responsibilities

• Supports with preparing and analyzing balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies
• Performs month-end close and financial reporting, critical testing and calculations, and periodic analysis
• Assists in the development of strategic and annual planning efforts and implementations and performs profitability analysis, forecasting, and financial reporting for a product or general ledger account type
• Partners closely with the front office, Operations, and Technology to support defining business finance processes and implementing related technology solutions

• At least 3 years of Experience in Finance, Product Control, Market Risk or Middle-Office in Investment Banks;
• Deep knowledge of Financial products: FX & IR Derivatives, Bonds and Options;
• Understanding of Latin America global markets dynamics and products;
• Graduated in Accounting, Business Administration, Economics, Mathematics, Engineering, Physics or correlated areas;
• High level of numeracy and proficiency in financial mathematics;
• Strong problem solving, analytical and communication skills to make sound and independent judgment and decisions under rapidly changing and often stressful environment;
• Fluency in English (written and spoken);
• Strong ability in Excel. Alteryx is desirable;
• Highly motivated, pro-active, self-starter and multi-tasking
• Prioritization and time management, commitment to high-quality delivery
• Team player with multicultural sensitivity and analytical mindset over interactions with peers in other countries and divisions.