Product Associate - Business Finance Control

Bank of America, N.A.; Chester; On-site; GBP 55,000 - 80,000; Full time

Benefits offered by this job

Private healthcare

Annual health screen

Pension plan

Life assurance

Income protection

Maternity & paternity leave

Flexible benefits

Wellbeing support

Peppy app access

Gym memberships

Volunteer opportunities

Job summary

Bank of America, Chester, UK, is seeking a Product Associate in Business Finance Control at AVP level to build expertise in financial products, risk management, and reporting processes, supporting month-end close and regulatory reporting. You will partner with cross-functional teams to drive performance and efficiency through data-driven insights.

The ideal candidate will have a strong accounting/finance foundation, professional certification or progression, advanced Excel skills, and a

Qualifications

• Interest in financial products and risk management.
• Proven ability to review and tighten financial processes.
• Willingness to work with cross-functional teams.

Responsibilities

• Gain an in-depth understanding of financial products, risk profile and mitigation strategies.
• Produce/review daily/monthly P&L and Balance Sheet, including month-end close.
• Partner with colleagues to investigate and resolve accounting issues.
• Validate reporting to external regulators.
• Provide financial insight and partner with Trading to optimise performance.
• Engage in ad-hoc projects to drive efficiency and improvements.

Skills

Advanced Excel

Strong financial concepts

Attention to detail

Deadline management

Team collaboration

Education

2:1 UK University (or equivalent)

ACCA/ACA/CIMA or equivalent

Tools

Financial reporting tools

Job description

Job Description:

Job Title: Product Associate - Business Finance Control.

Corporate Title: Assistant Vice President

Location:Chester, UK

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!

Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

Role Description:

• Gain an in-depth understanding of the financial products, market risk profile and risk mitigation techniques and strategies
• Be responsible for producing and reviewing daily/monthly Profit & Loss and Balance Sheet, including month end close process
• Partner with colleagues across the bank to investigate and resolve accounting issues
• Validate our reporting to external regulators
• Provide financial insight and partner with Trading colleagues to optimise business performance
• Engage in ad-hoc project work to drive efficiency and enhancement to our routines

What we are looking for:

• A genuine interest in our business and intellectual curiosity
• A passion for serving our clients and the communities in which we work
• Personal integrity and accountability, ability to review, debate and challenge processes
• Forward - thinking and ample attention to detail, with organisational skills to effectively manage competing deadlines and pro-active management escalation
• Ability to bring your authentic self to work every day
• Respect for our core values; deliver together, act responsibly, realize the power of our people and trust the team

Skills that will help:

• 2:1 from a UK University (or equivalent)
• Qualified/part qualified accountant (ACCA, ACA, CIMA or equivalent)
• Rich and varied experiences from a range of backgrounds
• Advanced Excel skills
• Understands and applies knowledge of financial concepts, principles, products, and other relevant financial information

Benefits of working at Bank of America:

UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• 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
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 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, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

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, religious or similar philosophical belief, political opinion, 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.