Corporate Treasury Senior Product/Specialty Controller Manager – CFO Group

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 Description:

This job is responsible for managing accurate and complete financial reporting and consolidating results. Key responsibilities include providing supervisory guidance for month-end close activities, reviewing journal entries and internal/external reporting. Job expectations include overseeing month-end close activities, reviewing reporting schedules, providing subject matter expertise, and monitoring internal control and risk mitigation activities.

The Corporate Treasury Controller team is part of the CFO-Global Financial Control organization. The primary focus of our team is ensuring the accuracy of the books and records of the bank and supporting our business partners.  Our business partners include Product BFOs, Consumer and Small Business Finance, LOB/GT&O Operations, Regulatory Reporting, Accounting Policy, and other enterprise teams.

This role is responsible for directing core day-to-day accounting, internal control, and reporting functions for Corporate Treasury. This includes accounting reviews and determinations, monthly financial close & reporting, external reporting, and product business/finance support. This role will also help design, develop, and execute changes to help make us more effective and efficient.

The role reports to the Global Legal Entity Controller within the Global Financial Control organization.

Responsibilities:

• Review and approve month-end close responsibilities (e.g., accounting calculations/journal entries, product reviews, trial balance reviews) and internal control activities
• Review and analyze monthly financial results and review internal management reports
• Reviews schedules for internal and/or external reporting
• Document SOX requirements and enhance controls as required
• Support & influence business partners
• Design, develop, and implement process improvements that reduce risks/costs, improve operations, and enhance user experience
• Optimize new technology to better serve stakeholders
• Oversees in process improvement initiatives
•  Provides coaching and performance feedback for teammates

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports
• Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
• Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
• Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
• People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
• Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
• Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
• Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Required Qualifications:

• 10+ years of financial experience at a global/international bank or professional services firm
• BA/BS Degree preferably in Finance/Accounting
• Proven direct leadership experience of managing a team
• Demonstrates deep and broad business acumen related to capital markets products
• Direct experience with derivatives and Global Markets products and understanding of their role in enterprise risk management
• Proven experience with taking on new work, defining and documenting best process design, and implementing and driving workflows
• Able to understand large complex transactions and simplify to its key components
• Interest and/or ability to understand technology products and services
• Proven analytical, change management, consulting and problem resolution capabilities
• Moves quickly from concept to action; able to establish priorities and achieve results
• Ability to deal with ambiguity
• Data analysis skills and ability to create executive level materials within tight timeframes with limited direction
• Excellent interpersonal and project management skills
• Credibility to influence business partners, peers, and management
• Familiarity with the bank’s financial systems
• Unquestionable integrity

Desired Qualifications:

• MBA / CPA
• Alteryx/Tableau

Skills:

• Executive Presence
• Inclusive Leadership
• Reporting
• Risk Management
• Stakeholder Management
• Continuous Improvement
• Financial Accounting
• Financial Analysis
• Regulatory Compliance
• Regulatory Relations
• Attention to Detail
• Coaching
• Policies, Procedures, and Guidelines Management
• Project Management
• Relationship Building

Shift:

1st shift (United States of America)

Hours Per Week: 

40