Hybrid Finance Manager – Business Support en Bank of America

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 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!

Job Description:
This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations include supporting management in key decision making, and influencing and gaining support from financial analysts.

Additional Information: 
The Consumer & Small Business Card Valuation and Analytics group is responsible for providing financial support for the Consumer, Wealth Management and Small Business Card unsecured lending products. The team engages across numerous lines of business and multiple corporate partners to provide best-in-class projections of profitability to feed an accurate corporate forecast, drive marketing investment, inform business cases for brand and co-brand product and risk strategies, and perform profitability analytics while ensuring proper risk/reward discipline to grow the business responsibly.
 

Responsibilities:

• Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement
• Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
• Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
• Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
• Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
• Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures

Additional Responsibilities: 

• Collaborate with cross-functional teams, including Finance, Consumer Product, Credit Strategies, Credit Risk, Marketing, Quantitative Modeling and others, to ensure the alignment of financial goals and sound investment decisions
• Develop business cases using quantitative and qualitative information, gathering input, feedback and buy-in from key business partners
• Prepare reports and presentations for senior management, clearly communicating financial insights and recommendations based on self-driven analyses
• Be a thought leader, problem solver and change agent that can independently develop novel ideas, gain buy in, effectively present findings and recommendations both formally and informally, and implement the vision 
• Indirectly lead and guide work of financial analysts supporting credit card profitability analyses
• Participate in and help to drive a positive culture across the team
• Manage risk through implementing and monitoring effective controls in partnership with key support partners

Required Qualifications:

• 5+ years’ experience in Consumer Lending analysis (preferably Credit Card) or equivalent
• Experience in applying business acumen to understand various analytic outputs and detect behavioral patterns in data to extrapolate recommendations for future actions
• Ability to independently lead data driven, analytical or automation projects that require buy in and adoption from the broader team
• Excellent communication skills and the ability to work collaboratively with cross-functional teams
• High degree of Microsoft Excel and Powerpoint proficiency

Desired Qualifications:

• Bachelor’s degree preferably in Finance, Business, Computer Science or a related field
• Independent problem solver based on business knowledge and experience
• In-depth knowledge of Credit Card P&L dynamics
• Working knowledge of other data analysis and business intelligence tools such as Tableau, Microstrategy, Alteryx, SAS, and Power Query

Skills:

• Business Process Analysis
• Collaboration
• Data Quality Management
• Financial Analysis
• Financial Management
• Analytical Thinking
• Critical Thinking
• Data Visualization
• Decision Making
• Prioritization
• Business Acumen
• Business Case Analysis
• Financial Forecasting and Modeling
• Project Management
• Reporting

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140), US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)

Pay and benefits information

Pay range

$118,000.00 - $168,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Solicitar ahora