Business Finance Officer – Commercial Real Estate Banking

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 financial reporting, pricing and profitability analysis, expense efficiency, and generating value creation ideas. Job expectations include preparing insights to guide management's decision making and evaluating financial performance versus plans, forecasts, and prior periods.

This position serves as a Business Finance Officer (BFO) role within Global Banking Finance that supports key segments within Commercial Real Estate Banking.  You will gain experience and exposure across Finance and business partners while developing financial and business acumen, attention to detail, analytical and strategic thinking, leadership, and communication.

Responsibilities:

• Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
• Develops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
• Proactive communicating/partnering with BFOs, LOBs, and other supporting groups ensuring alignment with business objectives and risk framework
• Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures
• 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

Required Qualifications:

• 2 years of financial management reporting and forecasting experience
• Proficient with MS Office, specifically MS Excel and Power Point
• Effectively communicate/influence at an executive level
• Strong written and oral communication skills
• Proven relationship management skills with key stakeholders
• Have demonstrated independent, strategic thinking to impact financial strategy

Desired Qualifications:

• BS/BA in Finance/Accounting
• SAP/eLedger/BPC
• Experience with emerging technology such as Alteryx and Tableau a plus
• Comfort working with complex financial products

Skills:

• Attention to Detail
• Business Process Analysis
• Collaboration
• Data Quality Management
• Reporting
• Data Visualization
• Financial Analysis
• Financial Forecasting and Modeling
• Financial Processing
• Prioritization
• Analytical Thinking
• Business Acumen
• Business Case Analysis
• Critical Thinking
• Decision Making

Shift:

1st shift (United States of America)

Hours Per Week: 

40