#JR-25005344
on 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.
R esponsibilities:
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
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