Senior Finance Analyst - Planning & Analysis

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 an 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 more complex financial activities involving the consolidation of the bank's month-end close, planning, forecasting and capital processes. Key responsibilities include performing forecasting, profitability analysis, financial reporting, and trend analysis using advanced modeling /software skills and assisting with ad hoc requests. Job expectations include working with key planning and analysis partners on small projects, research, and evaluations of financial performance while maintaining Operational Excellence and a controls discipline.

Additional Information:

This role leads the consolidation and governance of the Consumer Baseline Forecast, including financials, key metrics, and executive reporting, while partnering closely with Consumer LOB finance teams, Corporate Planning, and senior leadership. It analyzes and communicates key drivers, risks, and variances, ensures strong controls and documentation, and represents Consumer results in materials for the CFO and CEO. The position also supports stress testing and resolution planning, drives process improvements and automation, and provides day‑to‑day leadership and mentorship to supporting team members.

Responsibilities:

• Reviews, challenges, and reports on forecasts and budgets by comparing current performance against plan, prior periods and prior forecasts, and evaluating current and future performance trajectory
• Compiles financial information from a Line of Business (LOB) and consolidated perspective for presentation to stakeholders
• Develops financial management dashboards, reports, presentations, ad hoc analysis, and research using Microsoft Office Suite and Emerging Technology tools
• Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures with limited oversight
• Supports 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
• Exhibits strong attention to detail and applies analytical thinking and problem solving to deliverables while collaborating with key stakeholders and partners

Additional Responsibilities:

 

Forecasting & Executive Reporting

•  Lead consolidation of the Consumer Baseline Forecast, including balances, P&L, and key performance metrics.
• Partner with Consumer LOB Finance, Regional Banking leaders, and Corporate Planning to develop clear forecast summaries, dashboards, and executive‑level materials for senior leadership, including the CFO and CEO.
• Analyze and clearly articulate key forecast drivers, risks, and variances versus prior forecasts, plan, YoY, and QoQ results.
• Serve as Delegate to the Forecast Process Lead, owning consolidation deliverables, timelines, and process execution.
• Maintain strong governance and controls across the forecast consolidation process, including Desktop Procedures, SAFER, POP updates, and ORCIT key measures reporting.
• Respond to ad hoc analytical requests related to the consolidated Consumer forecast and senior management reviews.
• Provide day‑to‑day leadership and mentorship to FMAP and seasonal interns supporting the Consumer Forecast Consolidation process.

Stress Testing & Resolution Planning (EST / GRRP)

 

• Partner with CFO, LOB Finance, and Enterprise Scenario Planning & Execution (ESPE) teams to perform and consolidate Consumer stress testing and Global Resolution & Recovery Planning (GRRP).
• Review, analyze, and report consolidated stress forecast results in accordance with ESPE guidance.
• Prepare, analyze, and report GRRP contingency options per regulatory and ESPE requirements.
• Act as Delegate for the stress testing Single Process Inventory (SPI).
• Work closely with the EST/GRRP process lead and senior manager to identify and implement process improvements across stress testing and resolution planning activities.

 

Required Qualifications:

• 2+ years of professional / demonstrated work experience within financial services industry
• General Ledger / EPM / Essbase Proficiency
• Advanced Excel skills
• Highly organized and proactive
• Strong communication skills – able to communicate concepts both verbally and in writing
• Detail-oriented with a control mindset and strong critical thinking skills
• Proven ability working independently in a fast-paced, results-driven environment with evolving priorities 
• Excellent time management skills with the ability to meet critical deadlines
• Demonstrated ability to work cohesively within a team-oriented environment
• Demonstrated self‑motivation with a consistent track record of high performance

Desired Qualifications:

• Bachelor's degree in Finance or Accounting
• Desire to learn and leverage emerging technologies (AI/CoPilot, Tableau, Alteryx, Workiva, Picklinks, Power Query, Power Pivot)
• Knowledge of the Consumer business and associated corporate functions
• Deep understanding of corporate finance calendar and deliverables
• Strong presentation skills and ability to influence stakeholders

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Processing
• Consulting
• Critical Thinking
• Financial Forecasting and Modeling
• Reporting
• Scenario Planning and Analysis
• Business Acumen
• Business Analytics
• Influence
• Prioritization
• Problem Solving

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range$90,000.00 - $125,900.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.