Product Finance & Analytics Associate

Bank of America; New York (NY); On-site; USD 95,000 - 127,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Industry-leading benefits

Job summary

Bank of America is seeking a finance-focused business analyst in New York to support Line of Business reporting, P&L analysis, and balance sheet validation. You will work closely with senior management and front office to understand products, processes, and risk factors involved.

The role involves month-end close, profitability analysis, forecasting, and financial reporting, with collaboration across Operations and Technology. Eligible for discretionary incentives and strong corporate benefits.

Qualifications

• Experience analyzing balance sheets and P&L for a product or LOB.
• Supports month-end close and financial reporting activities.
• Assists in profitability analysis, forecasting, and financial reporting.

Responsibilities

• Supports with preparing and analyzing balance sheets and 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
• Analyzes regulatory matters, such as CCAR and RRP, to assess risk modeling practices within the bank

Skills

Analytical Thinking

Attention to Detail

Financial Accounting

Financial Management

Reporting

Business Analytics

Critical Thinking

Data Quality Management

Financial Processing

Price Verification and Valuation

Business Acumen

Influence

Prioritization

Problem Solving

Scenario Planning and Analysis

Job description

Bank of America is seeking a finance-focused business analyst in New York to support Line of Business reporting, P&L analysis, and balance sheet validation. You will work closely with senior management and front office to understand products, processes, and risk factors involved.

The role involves month-end close, profitability analysis, forecasting, and financial reporting, with collaboration across Operations and Technology. Eligible for discretionary incentives and strong corporate benefits.