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Bank of America

Finance Manager - Business Support (Card & Small Business Valuation, Analytics a

Bank of America, Newark, Delaware, United States, 19711

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Finance Manager - Business Support (Card & Small Business Valuation, Analytics and Reporting team)

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Finance Manager - Business Support (Card & Small Business Valuation, Analytics and Reporting team)

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Bank of America Finance Manager - Business Support (Card & Small Business Valuation, Analytics and Reporting team)

1 week ago Be among the first 25 applicants Join to apply for the

Finance Manager - Business Support (Card & Small Business Valuation, Analytics and Reporting team)

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Bank of America Get AI-powered advice on this job and more exclusive features. 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. 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.

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 Summary:

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.

Line of Business Job Description:

The Card & Small Business Lending Valuation, Analytics, and Reporting 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 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:

Develop, maintain, and automate Credit Card Valuation profitability forecasting tools and models, including the methodologies that are utilized across the team for analysis of Card Product initiatives, forecasting, actual profitability, and portfolio performance evaluation Serve as the subject matter expert in the model forecasting formulas, concepts, and limitations and ensure that the forecasting approach complies with model governance standards and provides accurate and meaningful business insights Collaborate with cross-functional teams, including: Finance, Consumer Product, Technology, Credit Risk, Model Risk Management and others, to ensure the alignment of financial goals and tools with business strategies Prepare reports and presentations for senior management, clearly communicating financial insights and recommendations Be a thought leader, problem solver and change agent that can independently develop novel ideas, gain buy in, and implement the vision

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

Desired Qualifications:

Bachelor’s degree preferably in Finance, Business, Computer Science or a related field Experience in building, maintaining, and improving discounted cash flow models Independent problem solver based on business knowledge and experience Technical expertise with Alteryx, SQL, SAS, Power Query, VBA and/or Tableau

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 Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

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