Skip to main content

This job has expired

You will need to login before you can apply for a job.

MO Prod Ctrl Analyst MKTS

Employer
Bank of America Merrill Lynch
Location
New York, USA
Salary
Competitive
Closing date
Feb 5, 2021

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Description:

Overview of Area
The Central Funding Desk is a global desk operating out of AMRS, EMEA and APAC. The business facilitates both the issuance of Bank of America Structured Notes (Primary) and provides a market making facility (Secondary) for both BAC and Non BAC issued paper. The business is presently supported by a finance team operating in 4 locations both in the US and abroad. This business serves both Institutional and Retail investors by offering a wide variety of structured note products in rates, fx, commodities, credit and equities.

Key Responsibilities
  • Substantiate the official daily P&L explain for one (or multiple asset classes). Oversight of trader T0 flashes and estimate to official T+1 P&L variances as business unit level.
  • Daily Pnl production for the secondary trading business.
  • Preparation monthly & quarterly revenue commentary to senior management and regulators.
  • Review of changes to daily balance sheet & substantiation to transactional activity.
  • Daily interaction with the Front Office Trading desk and collaboration with other support teams.
  • Balance sheet analysis (capital, liquidity, exposures etc) including inventory aging and its reporting.
  • Month end close, including Financial Disclosures, reconciliations and journal entries.
  • Quarterly disclosures (Fair Value, Statement of Cash Flow, FRY-9, etc).
  • Preparation of the daily/monthly/quarterly management reporting for senior manager.
  • Various strategic initiative participation and engagement.
  • Production and analysis of monthly Valuation Adjustments and Independent Pricing.

Qualifications

Required Skills
  • BS/BA Degree required (Finance, Accounting required)
  • 5+ years of professional work experience within the financial services industry
  • Control focus, strong financial analytics experience, hands on experience with complex structures and exotic products
  • Strong communication and presentation skills
  • Good business partnering skills
  • Advanced experience skills with Excel and complex spreadsheets

Desired Skills
  • MBA, CPA, CFA, or other advanced certification
  • Fixed income or derivative experience preferred
  • Structured Notes Experience
  • Several years of experience working in a product control function
  • Hyperion/Essbase/SAP/Oracle system


Shift:
1st shift (United States of America)

Hours Per Week:
40
Learn more about this role

Sign in to create job alerts

Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.

Create alert