Responsibilities
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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This role will support Enterprise Customer Profitability (a.k.a. Profit), which is an enterprise application and authorized data source which produces risk adjusted profitability data for ~ 210MM customer accounts each month utilizing instrument level operational data. The scope of enterprise customer profitability spans the following lines of business: Retail and Preferred Merrill Private Bank Business Banking Global Commercial Bank Global Corporate and Investment Banking Global Markets As a member of the Enterprise Customer Profitability (ECP) team, this associate will support data analytics and controls, business partner education and consultation including support for research and ad hoc requests, financial transparency into Profit and General Ledger differences, change projects, and process improvements. Primary area of support will be Card and Lending products. Responsibilities: Support Profit monthly production with analysis, execution of controls and communications to ensure timely and accurate data delivery Demonstrate proficiency of Profit methodologies, logic, data lineage and understand strategic uses of customer profitability data Field user questions regarding differences between Profit and General Ledger data Present to business partners including senior management to improve overall understanding of Profit data and the benefits it provides Partner with Line of Business Finance, Operations, Marketing and Tech Teams – to understand and/or identify opportunities for integrating Profit data into internal management routines Participate in developing requirements, supporting design and execute testing for Profit changes Required Qualifications: 5+ years of finance support experience in the banking/financial services industry Strong finance acumen with understanding of banking products and financial statements Strong research & analytic skills using querying tools and Excel Ability to translate data into information and create the ‘story’ for end users Excellent written and oral communication and presentation skills Self-starter with ability to manage multiple tasks/responsibilities simultaneously Ability to build strong working relationships to effectively navigate across the ECP organization and with various business partners Desired Qualifications: Accounting, Finance or Business degree Experience working with cross functional technology, product and finance teams SQL knowledge Familiarity with Bank of America’s financial reporting tools (i.e., eLedger) Usage and familiarity with Enterprise Customer Profitability (Profit) data Skills: Data Management Issue Management Policies, Procedures, and Guidelines Management Analytical Thinking Collaboration Data Governance Data Quality Management Data and Trend Analysis Business Acumen Controls Management Production Support Solution Design Shift: 1st shift (United States of America) Hours Per Week: 40 Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency
