Equities Business Finance and Control Analyst - NYC Equities Business Finance and Control Analyst -  …

Bank of America Merrill Lynch
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Bank of America Merrill Lynch
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Equities Business Finance and Control Analyst - NYC
Job Description:

​The US Equity Execution Services Finance team in New York supports the Cash Equities Trading Business. This business serves our institutional clients by offering industry-leading common stock trading that spans the spectrum of premier high-touch to hi-tech low- and no-touch execution services as well as primary activities such as IPO and add-ons.

You will be expected to work within the Equities finance team as well as the broader Bank of America CFO teams in the US and in the regions as well as collaborate with the desk and other business partners. The key functions of this role is to review and communicate financial metrics such as daily P&L and balance sheet analysis, ensure financial controls and sign offs of the legal books and regulatory reports, and to be the main point of contact for further analysis such as forecast, stress testing, audit, etc. There is a focus on working with the desk to deliver solutions in line with the long term strategic goals of the bank. An emphasis will be placed on finance and accounting knowledge as it relates to the financial services industry. More detailed characteristics you will be expected to display are described below.
Responsibilities:
• Daily P&L & Balance Sheet Oversight
• Forecast and trending analysis and commentary.
• Equities price testing.
• Production and/or review of official daily P&L explain and its provision for VaR backtesting
• Responsibility for daily management adjustments to P&L
• Daily P&L reporting to local and regional management
• Review of material variances and new deals
• Review and approval of changes to systems and processes.
• Appropriately manages and mitigates operational risk
Required Skills
  • Bachelor Degree in Accounting/Finance/Economics
  • Financial analytics experience
  • Intermediate 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)
Desired Skills
  • Candidate for CPA/CFA exam or other advanced certification preferred.
  • 2-4 years of accounting or financial services product control
  • Experience with Financial tools such as Bloomberg, or Oracle/Hyperion/Essbase/SAP, or Alteryx/Tableau, etc.
  • Product experience (Financial services).
  • Understanding of the financial markets.
  • Experience with complex derivative price testing
  • Control focused, analytical, team oriented, comfortable with complex products


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

​The US Equity Execution Services Finance team in New York supports the Cash Equities Trading Business. This business serves our institutional clients by offering industry-leading common stock trading that spans the spectrum of premier high-touch to hi-tech low- and no-touch execution services as well as primary activities such as IPO and add-ons.

You will be expected to work within the Equities finance team as well as the broader Bank of America CFO teams in the US and in the regions as well as collaborate with the desk and other business partners. The key functions of this role is to review and communicate financial metrics such as daily P&L and balance sheet analysis, ensure financial controls and sign offs of the legal books and regulatory reports, and to be the main point of contact for further analysis such as forecast, stress testing, audit, etc. There is a focus on working with the desk to deliver solutions in line with the long term strategic goals of the bank. An emphasis will be placed on finance and accounting knowledge as it relates to the financial services industry. More detailed characteristics you will be expected to display are described below.
Responsibilities:
• Daily P&L & Balance Sheet Oversight
• Forecast and trending analysis and commentary.
• Equities price testing.
• Production and/or review of official daily P&L explain and its provision for VaR backtesting
• Responsibility for daily management adjustments to P&L
• Daily P&L reporting to local and regional management
• Review of material variances and new deals
• Review and approval of changes to systems and processes.
• Appropriately manages and mitigates operational risk
Required Skills
  • Bachelor Degree in Accounting/Finance/Economics
  • Financial analytics experience
  • Intermediate 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)
Desired Skills
  • Candidate for CPA/CFA exam or other advanced certification preferred.
  • 2-4 years of accounting or financial services product control
  • Experience with Financial tools such as Bloomberg, or Oracle/Hyperion/Essbase/SAP, or Alteryx/Tableau, etc.
  • Product experience (Financial services).
  • Understanding of the financial markets.
  • Experience with complex derivative price testing
  • Control focused, analytical, team oriented, comfortable with complex products


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

​The US Equity Execution Services Finance team in New York supports the Cash Equities Trading Business. This business serves our institutional clients by offering industry-leading common stock trading that spans the spectrum of premier high-touch to hi-tech low- and no-touch execution services as well as primary activities such as IPO and add-ons.

You will be expected to work within the Equities finance team as well as the broader Bank of America CFO teams in the US and in the regions as well as collaborate with the desk and other business partners. The key functions of this role is to review and communicate financial metrics such as daily P&L and balance sheet analysis, ensure financial controls and sign offs of the legal books and regulatory reports, and to be the main point of contact for further analysis such as forecast, stress testing, audit, etc. There is a focus on working with the desk to deliver solutions in line with the long term strategic goals of the bank. An emphasis will be placed on finance and accounting knowledge as it relates to the financial services industry. More detailed characteristics you will be expected to display are described below.
Responsibilities:
• Daily P&L & Balance Sheet Oversight
• Forecast and trending analysis and commentary.
• Equities price testing.
• Production and/or review of official daily P&L explain and its provision for VaR backtesting
• Responsibility for daily management adjustments to P&L
• Daily P&L reporting to local and regional management
• Review of material variances and new deals
• Review and approval of changes to systems and processes.
• Appropriately manages and mitigates operational risk
Required Skills
  • Bachelor Degree in Accounting/Finance/Economics
  • Financial analytics experience
  • Intermediate 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)
Desired Skills
  • Candidate for CPA/CFA exam or other advanced certification preferred.
  • 2-4 years of accounting or financial services product control
  • Experience with Financial tools such as Bloomberg, or Oracle/Hyperion/Essbase/SAP, or Alteryx/Tableau, etc.
  • Product experience (Financial services).
  • Understanding of the financial markets.
  • Experience with complex derivative price testing
  • Control focused, analytical, team oriented, comfortable with complex products


Shift:
1st shift (United States of America)

Hours Per Week:
40
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