27 days old

Senior Product/Specialty Controller

Charlotte, NC 28230
Senior Product/Specialty Controller



Charlotte, North Carolina



**Job Description:**



Responsible for overseeing the accounting process for derivative counterparty netting including systems administration for the bank's Global Allocation and Netting Engine (GANE). Applies technical or product specific accounting knowledge to ensure strong financial controls and reporting output. Job requires good knowledge of Derivative and Collateral accounting, Project management, and fire fighting skills. Responsible for resolution of accounting exceptions.



**Responsibilities:**



+ Ensure accurate and complete recording of FIN 39 netting transactions for stand-alone financials and top-of-house reporting

+ Month-end close, incl. journal entry preparation, monthly financial variance analysis, including research, documentation and communication of account fluctuations

+ Accounts reconciliation and substantiation

+ Suspense monitoring & resolution

+ Coordinate SOX Map walk-throughs and support quarterly/year-end audit inquiries

+ Platform Development and Support, incl. Project Management (i.e. System Integration Testing, UAT, Parallel)

+ Assessing impact of CCP rule book changes on netting process for stand-alone financials and Top-of-house reporting

+ Analyze current processes and make recommendations for process improvement

+ CPA and/or MBA in Finance preferred



**Required Skills:**



+ Minimum 10 Years of Accounting and/or Financial Services Experience

+ 3-5 years of product-specific experience

+ Knowledge of SOX, SAP, Oracle

+ Excellent Excel skills

+ Ability to identify and implement business process improvements

+ Ability to translate complex issues into simple terms

+ Ability to step in and provide leadership across peers consistently

+ Strong technical and regulatory knowledge

+ Excellent time management skills with ability to coordinate and review multiple tasks and deliverables to flawless execution

+ Builds partnerships with team and stakeholders

+ Strong analytical & communication skills



**Job Band:**



H4



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



**Weekly Schedule:**



**Referral Bonus Amount:**



0



**Job Description:**



Responsible for overseeing the accounting process for derivative counterparty netting including systems administration for the bank's Global Allocation and Netting Engine (GANE). Applies technical or product specific accounting knowledge to ensure strong financial controls and reporting output. Job requires good knowledge of Derivative and Collateral accounting, Project management, and fire fighting skills. Responsible for resolution of accounting exceptions.



**Responsibilities:**



+ Ensure accurate and complete recording of FIN 39 netting transactions for stand-alone financials and top-of-house reporting

+ Month-end close, incl. journal entry preparation, monthly financial variance analysis, including research, documentation and communication of account fluctuations

+ Accounts reconciliation and substantiation

+ Suspense monitoring & resolution

+ Coordinate SOX Map walk-throughs and support quarterly/year-end audit inquiries

+ Platform Development and Support, incl. Project Management (i.e. System Integration Testing, UAT, Parallel)

+ Assessing impact of CCP rule book changes on netting process for stand-alone financials and Top-of-house reporting

+ Analyze current processes and make recommendations for process improvement

+ CPA and/or MBA in Finance preferred



**Required Skills:**



+ Minimum 10 Years of Accounting and/or Financial Services Experience

+ 3-5 years of product-specific experience

+ Knowledge of SOX, SAP, Oracle

+ Excellent Excel skills

+ Ability to identify and implement business process improvements

+ Ability to translate complex issues into simple terms

+ Ability to step in and provide leadership across peers consistently

+ Strong technical and regulatory knowledge

+ Excellent time management skills with ability to coordinate and review multiple tasks and deliverables to flawless execution

+ Builds partnerships with team and stakeholders

+ Strong analytical & communication skills



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-22036657



Band: H4



Manages People: No



Travel: No



Manager:



Talent Acquisition Contact:



Jenifer Finner



Referral Bonus:



0



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 (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .


To view the "EEO is the Law" Supplement, CLICK HERE (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 .

Industry

  • Banking / Finance
Posted: 2022-04-22 Expires: 2022-06-04

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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Senior Product/Specialty Controller

Bank of America
Charlotte, NC 28230

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