Job Description: Job Title: Financial Analyst Corporate Title: Assistant Vice President Location: Chester Company Overview: 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!
Location Overview: Find us in the city of Chester, a destination renowned for its culture, history, and beauty.
Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.
The Role: Daily P&L & Balance Sheet - Reporting & Oversight: Preparation of daily P&L commentary and substantiation based on market events Review of material new deals Calculation of valuation adjustments & reserves, with responsibility over corresponding substantiation and commentary Review of changes to daily balance sheet & substantiation based on transactional activity Core Financial Oversight Functions: Independent price verification analysis and reporting (daily, weekly, monthly) Weekly, Monthly & Quarterly revenue commentary Maintaining valuation adjustment & reserve calculations such that they're in-line with current policies Balance sheet analysis (capital, liquidity, exposures etc.)
including inventory aging, and reporting (Managerial and Regulatory) Determining and implementing appropriate accounting policies & procedures (with Accounting Policy) Managing key accounting, legal entity, regulatory and P&L issues with the business Month end close, including Financial Disclosures and calculation / recording of netting entries Exercise of control oversight on behalf of the business Participation in the New Product Review and Appropriation Request processes: modelling structures, process scenarios, review, and control Contributing to Governance process, operational error reporting and support of other internal control process, including SOX Planning & Reporting: Development and analysis of key performance metrics Participation in the formulation of business strategy; plans; budgets; and forecasts Manage the expense approval process for both deal-related and organisational expenses; provide expense analytics and assist the business with recovering deal-related expenses.
What we look for?
2:1 from a UK University (or equivalent) Qualified/part qualified accountant (ACCA, ACA, CIMA or equivalent) Experience within a similar role, ideally from financial services / banking Good working knowledge of accounting concepts Knowledge of Derivative Exotic products / product control would be beneficial Confident Excel skills Benefits of working at Bank of America: UK Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
Access to an Employee Assistance Program for confidential support and help for everyday matters Ability to donate to charities of your choice directly through payroll and the bank will match your contribution Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions.
Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
Bank of America: Good conduct and sound judgment is crucial to our long term success.
It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk.
Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability.
The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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