Bank of America Equities BFC Product Associate - New York in New York, New York

Job Description:

The US Equity Financing team in New York supports the Asset Management Services (EAMS) and Synthetics & Sec Lending (ESSL) businesses. This business serves our corporate, financial, and individual investor customers by offering a wide variety of equity prime financing products.

As a Product Associate you will be expected to lead and collaborate with the desk and other business partners, impose structure on complex issues and focus on delivering solutions in line with the long term strategic goals of the bank. More detailed characteristics you will be expected to display are described below.

Responsibilities:

  • Daily P&L & Balance Sheet Reporting & Oversight

  • Production and/or review of official daily P&L explain

  • Daily P&L reporting to local and regional management

  • Oversight of trader estimate to official T+1 P&L variances as business unit level

  • Review of material new deals

  • Review and approval of changes to valuation adjustments & reserves

  • Ad hoc analysis

  • Forecasting and Reporting

  • Appropriately manages and mitigates operational risk

Required Skills

  • Bachelors Degree in Accounting/Finance

  • 2+ years of experience

  • Strong financial analytics experience

  • Advanced experience/skills with Excel and complex spreadsheets

  • Candidate must be able to work both independently and as team member

  • Strong communication and presentation skills

  • Strong problem solving and analytical abilities (Excel/Essbase

‚Äč Desired Skills

  • CPA/CFA, or other advanced certification

  • Experience with Bloomberg, or Hyperion/Essbase/SAP

  • Insight/Essbase experience

  • Control focused, analytical, team oriented, comfortable with complex products

Posting Date : 05/10/2018

Location :

New York, NY, 250 VESEY ST (NY3004),

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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