Equity Derivatives Finance Lead: Strategy, P&L & Controls

Bank of America Corporation; New York (NY); On-site; USD 135,000 - 200,000; Full time

Job summary

Bank of America Corporation is seeking a senior Finance leader in New York to oversee all finance functions for the business and serve as the primary liaison to the front office and senior management. The role supports the CFO Group across accounting, reporting, planning, and risk management for Global Equity Derivatives.

The successful candidate will drive strategic planning, profitability analysis, and monthly closings, while leading a team and building strong partnerships with Front Office,

Qualifications

• Bachelor's degree in finance or related field.
• 8+ years of finance and/or accounting experience.
• Global Markets and derivatives experience.
• Proven Leadership skills managing a team.

Responsibilities

• Oversees and manages all aspects of the Finance functions for the business and serves as the key contact for the front office and senior management.
• Drives and guides the development of strategic and annual planning and implementation, profitability analysis, forecasting, and financial reporting for a product or general ledger account type.
• Approves balance sheets and P&L reports and validates postings and balances for a product aligned to a Line of Business using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies.
• Leads a team that oversees a set of product(s) or general ledger account(s) and maintains financial responsibility, including accountability for accuracy of financial reporting for P&L activities.
• Builds relationships with the front office, Operations, and Technology and partners to define business finance processes and implement related technology solutions.
• Leads various internal strategic initiatives and engagements including talent management and provides thought leadership to delegates.
• Daily P&L & Balance Sheet – Reporting & Oversight, Balance sheet analysis (capital, liquidity, exposures, etc.)
• Oversight of financial disclosures and month end adjustments and review with approval of changes to valuation adjustments & reserves
• Price verification (daily, weekly, monthly), monthly /quarterly revenue commentary and managing key accounting and legal entity, regulatory and P&L issues with the business.

Skills

Analytical Thinking

Attention to Detail

Problem Solving

Influence

Scenario Planning and Analysis

Financial Analytics

Education

Bachelor's degree

Master's or MBA

Tools

Excel

VBA

Microsoft Office

Job description

Bank of America Corporation is seeking a senior Finance leader in New York to oversee all finance functions for the business and serve as the primary liaison to the front office and senior management. The role supports the CFO Group across accounting, reporting, planning, and risk management for Global Equity Derivatives.

The successful candidate will drive strategic planning, profitability analysis, and monthly closings, while leading a team and building strong partnerships with Front Office,