Senior Financial Analyst – Deposit Balances and NII (Flows)

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and providing financial analysis and guidance to support key decisions and initiatives. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and generating value creation ideas and new investment business cases. Job expectations include preparing insights to guide management's decision making and evaluating financial performance versus plans, forecasts, and prior periods.

Responsibilities

The Deposits Finance Horizontal team is part of the Regional Banking & Wealth Management CFO organization and delivers strategic financial analysis, forecasting, and reporting for Deposit products and related fees. The team partners closely with Business Finance Officers (BFOs) and Lines of Business (LOBs) to support decision‑making across Checking and Savings Accounts, Deposit Balances and Net Interest Income (NII), Service Charges, and Debit Card/Payments.

This role supports forecasting, stress testing, and financial reporting for the Deposit Balance portfolio and related Net Interest Income (NII). A primary focus is forecasting daily deposit flows and assessing the NII impact of balance movements, including rate sensitivity, mix shifts, seasonality, and broader market trends. The role partners closely with the Deposit line of business and Finance stakeholders.

Key Responsibilities

• Maintain and enhance scalable, repeatable forecasting processes for deposit balances.
• Analyze deposit and client flow drivers, including income, spend, debt, taxes, and macroeconomic trends.
• Drive a consistent analytical framework across Consumer, Small Business, and GWIM lines of business.
• Improve forecast transparency by explaining variances and identifying emerging trends.
• Generate actionable insights into client behavior to strengthen forecasting accuracy and decision-making.
• Translate large, complex data into clear recommendations for Finance and business partners.
• Strengthen governance over forecasting assumptions, methodologies, and outputs.
• Continuously enhance forecasting processes to support stronger business and finance decisions.

Required Skills & Experience

• Bachelor’s degree in Finance, Accounting, or a related field.
• Two or more years of experience in financial analysis, accounting, or a related role.
• Strong analytical and organizational skills with exceptional attention to detail.
• Strong verbal and written communication skills, with the ability to influence and partner effectively with stakeholders.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Ability to work independently in a fast-paced, results-driven environment.
• Collaborative team player with strong relationship-building skills.
• Curiosity and a continuous improvement mindset.
• Strategic thinker with the ability to navigate complex business challenges and develop practical solutions.
• Demonstrated focus on process discipline, controls, and risk management.

Desired Skills & Experience

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