Financial Analyst - Fin Bus Supp

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • Bank of America Corporation
  • 21 Sep 18 2018-09-21

Financial Analyst - Fin Bus Supp

Job Description:

GMI Cash Equity Trading Finance - Cash Secondary Finance Senior Analyst position

An individual with a degree in accounting or finance and with about 1-3 years financial industry experience, audit, or from the ML business analyst program. Excellent communication skills are critical, as there is constant contact with senior level individuals in Equity trading, CFO, etc.

Responsibilities include:

  • Analysis of P&L and balance sheet for Equity Core trading, Equity Electronic Trading, Portfolio, ETF, & International Cash Equities traded in New York.
  • Assist in closing the legal books for US Cash Equities at month end.
  • Report and track trading P&L, commissions, balance sheet, expenses, equity, customer facilitation P&L, price testing, RWA, regulatory reporting, audit reviews, etc.
  • Work within finance teams to resolve breaks between the trading systems, finance systems, and the legal books.
  • Special projects to resolve issues, and improve processes. These projects include liaisons with operations, technology, finance & trading.
  • Prepare variance analysis & other analytical schedules.
    Skill set needed:
    Advanced Excel skills and basic Access knowledge is needed. Ability to manipulate, analyze and reconcile data quickly is required. An accounting or finance background is needed in order to understand process flows relating to trading systems and subledgers, perform reconciliation, and post journal entries. Good writing skills & excellent interpersonal skills are a must. Multi-tasking capability is critical, since reconciliations on multiple businesses are done simultaneously in order to meet reporting deadlines. A strong aptitude to work in a team environment & the ability to work with different people at different levels is required. Good organizational and time management skills are needed since special projects with short turn around times occur often

    Growth opportunities:

    The individual will significantly improve his/her ability to analyze data. He/she will develop an excellent understanding of the entire workflow process relating to trading Cash Equities, from the time the trader inputs the activity to the time the market value and P&L reaches the general ledger.

    Environment:

    There is a "daily" routine, however extremely accurate work is required due to the high exposure to traders, trading management and finance management. Special requests also occur often. In most cases we are working with time-critical information. The hours are not nine to five but for Wall Street the hours are reasonable, except when deadlines exist.


Shift:
1st shift (United States of America)

Hours Per Week:
40