1+ months

BFC Product Associate - Global Mortgages and Securitized Products

New York, NY 10176
BFC Product Associate - Global Mortgages and Securitized Products

New York, New York

**Job Description:**

**Position Description:**

The proposed Business Finance and Controller ("BFC") role will support daily control functions within the Global Mortgages and Securitized Products (GMSP) Trading space. Product coverage will span across multiple Trading desks covering both cash securities and derivatives. Main responsibilities of the Product Controller can include:

+ Daily Balance Sheet analysis and commentary, P&L substantiation to market events, significant transaction review

+ Monthly close functions, processing of journal entries, accounting adjustments, reconciliations, reserve and valuation adjustment calculations

+ Partner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolution

+ Quarterly management and regulatory reporting including fair value disclosures, roll forwards, revenue/balance sheet variance commentary

+ Sarbanes-Oxley related control activities and coordination

+ Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelines

+ Working on initiatives to simplify/automate manual processes

**Required Qualifications:**

+ Bachelor Degree

+ Minimum of 2-5 yrs of financial industry/banking/ accounting experiences

+ Strong written and verbal communication skills able to clearly document and communicate with team members and supervisors

+ Strong analytical skills; able to work independently while being a team player

+ Advanced experience and skills with Excel and complex spreadsheets (i.e exp with Pivots, v-look ups, formulas)


1st shift (United States of America)

**Hours Per Week:**


Learn more about this role

Full time


Manages People: No

Travel: No


Talent Acquisition Contact:

Referral Bonus:

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf .

To view the "EEO is the Law" Supplement, CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .


  • Banking / Finance
Posted: 2020-11-17 Expires: 2021-01-15

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BFC Product Associate - Global Mortgages and Securitized Products

Bank of America
New York, NY 10176

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