The Global Credit (GC) Finance team is part of the CFO organization. The primary focus of our team is to support the Credit Sales & Trading business through the implementation and execution of key control processes including legal financial books and records, valuations control, regulatory matters, forecasting, P&L explain, and balance sheet analysis.
The Credit business is comprised of three trading desks: Investment Grade, High Yield and Index Trading. The desk trades in a range of products including Corporate Bonds, Preferreds, CDS, CDX, Tranche and Options.
Our business partners include the Credit trading desk, Trade Control and Operations, Enterprise Capital Management (ECM) and SEC/Regulatory reporting. Key priorities for our team include, proactive execution of controls, accurate reporting and analysis of financial results and forging strong relationships with business partners to assist in decision making.
Areas of responsibility include
Financial reporting and disclosures
General ledger close and reconciliations
Management reporting and analysis
Regulatory capital disclosures
Stress Test and Forecasting
Process analysis, documentation of policies and procedures and evidencing of results are also of primary importance in this role. Trading desk support, including interpretation of accounting policies and ad hoc reporting, is another critical requirement.
Throughout the tenure of the role, the teammate should gain exposure and acumen in the Global Markets/FICC area of the organization and develop or improve the following skills: GAAP (with a focus on Fixed Income), Management and Regulatory/SEC reporting, as well as written and oral communication skills.
Advanced experience/skills with Excel and complex spreadsheets
Candidate must be able to work both independently and as team member
Strong communication and presentation skills
Strong problem solving and analytical abilities (Excel/Essbase)
Oracle / Eledger or equivalent experience preferred
Global Markets experience (FICC preferred)
Experience with Bloomberg, or Hyperion
Control focused, analytical, team oriented, comfortable with complex products
1st shift (United States of America)
Hours Per Week:
Internal Number: 21035991
About Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.