Senior Finance Analyst - Business Support - Capital Markets

Bank of America Merrill Lynch
London, United Kingdom
Mar 18, 2018
Mar 21, 2018
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Description:
Corporate Title: up to VP
Location: London
Department: CFO - FICC Finance - Global Asset Resolution & Non Linear Rates

Here at Bank of America Merrill Lynch we are currently looking for a talented Senior Finance Analyst to join our CFO Group within the EMEA FICC Finance - Global Asset Resolution & Non Linear Rates department.

Bank of America Merrill Lynch offers a number of outstanding career opportunities designed to attract and retain all skill levels - a chance for both personal and professional development as well as a salary and benefit package designed to reflect your contribution.

As our Senior Finance Analyst your main responsibilities will include:
  • Price verification (daily, weekly, monthly) with communication to stakeholders (including the desk)
  • Calculation of valuation adjustments & reserves and ensuring appropriately reflected in ledger
  • Maintaining/updating policy and procedures for: valuation adjustment & reserves and price verification
  • Review of risks across portfolios and ensuring that all policies/procedures are appropriately applied
  • Identify opportunities to streamline existing practices
  • Engagement in the design, build, testing, and implementation of new Technology Platforms & Systems
  • Working with GVG group on valuation reviews: deal specific, e.g. day 1 PL review, sensitivity analysis, developing price verification & reserving methodology and practices
  • Engage with Accounting Policy Group to implement appropriate accounting policies & procedures
  • Review & enhancement of the PL explain processes, ensuring all market risks are appropriately detailed
  • Managing key accounting, legal entity, regulatory and P&L issues with the business
  • Month end close, including Financial Disclosures (e.g. FAS157)
  • Exercise of valuation control oversight on behalf of the business.
  • Participation in the New Product Review processes
  • Contributing to Governance process, operational error reporting and support of other internal control process, including SOX

As our Senior Finance Analyst your essential skills will include:
  • Qualified Accountant (ACA, ACCA, CIMA) or CFA with good working knowledge of accounting concepts
  • Experienced in price verification of derivatives (Rates, Credit and Mortgages) within Investment Banking
  • Excellent Excel skills with the ability to build and use spreadsheets
  • Demonstrable risk identification and management
  • Ability to communicate with a diverse audience (trading desk, GVG, middle office and market risk)

Bank of America Merrill Lynch

Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.

The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise. Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch's responsibility platform. In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.

If you are interested in this opportunity please send your details to us by applying online with your CV.

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, socio-economic background, age, sexual orientation, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

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