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Finance Management 2024 Analyst Jobs
Company | Bank of America |
Address | , New York |
Employment type | FULL_TIME |
Salary | |
Expires | 2023-09-17 |
Posted at | 8 months ago |
Finance Management Analyst Program (FMAP) - 2024
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At Bank of America, we value being a Great Place to Work®. We recognize that talented, engaged, and satisfied employees are the foundation to help make the financial lives of our customers and clients better.
Bank of America provides a diverse range of banking and nonbanking financial services and products domestically and internationally in more than 35 countries.
Chief Financial Officer Group Overview
The Finance Management Analyst Program (FMAP) will introduce you to Bank of America and the Chief Financial Officer (CFO) Group. The CFO Group is responsible for the overall financial management of our company – financial and regulatory reporting, balance sheet management, financial planning and analysis, treasury, investor relations, corporate investments, and tax.
Finance Management Analyst Program Overview
The Finance Management Analyst Program (FMAP) is a two-year rotational development program that focuses on financial and management accounting, corporate finance, strategic finance, and internal treasury functions within the CFO Group. The Program provides analysts with the opportunity to move through two rotational assignments within the CFO Group, partnering with different internal business functions including the Front Office, Human Resources, Risk and Audit. This rotational process helps analysts develop a solid knowledge base of the functional areas of the CFO Group and a broad range of skills. When analysts complete the program, they have a better idea of areas they are interested in within CFO and have a unique set of skills to take with them to their next role.
Training and development are our top priority with extensive formal training offered at the start of the program in addition to on-the-job support, events, and mentorship throughout. Our goal is for analysts to participate in a variety of activities designed to build business acumen, foster teamwork, encourage networking, and demonstrate intellectual curiosity.
These opportunities include but are not limited to:
- Peer Mentorship Program
- Enterprise Executive Speaker Series
- Networking Events
- Continuous Educational Speakers and Events
- Bank-provided trainings focused on Data Analysis and Acquisition, Mechanics of a Bank, Executive Ready Presentations and more
- Diversity & Inclusion Employee Networks – LEAD for Women, Black Professional Group, LGBT+ Pride, and more
- Community Service Opportunities
A Day in the Life
The Program is structured as two one-year rotations across different teams within the CFO Group. The program gives participants a glimpse into the overall financial management of our company, vision, and culture. The primary responsibilities of a Finance Management Analyst may include but are not limited to:
- Advancing leadership skills by leading and/or participating in projects and committees
- Networking with finance executives to cultivate meaningful relationships across various lines of business
- Developing models and performing financial analysis of business investments
- Forecasting financial and non-financial trends
- Utilizing emerging technologies to simplify and improve processes across the CFO Group
- Exposure to established FMAP alumni network
- Presenting financial data and analysis to business partners and key stakeholders
- Supporting the corporation’s internal planning and management accounting functions
Finance Management Opportunities
The Finance Management Analyst Program assigns participants to a position supporting one of the teams within the CFO Group. Rotations provide the opportunity for the Analysts to support different teams across the various business groups listed below.
- Global Technology and Global Operations Finance
- Strategic Forecasting and Expense Management
- CFO Data Management
- CFO COO & Governance
- Corporate Treasury
- Global Markets & International Finance
- Merrill Lynch Wealth Management and the Private Bank Finance
- Global Financial Control
- Staff Support Finance
- Regional Banking Finance
- Rotations are developed based on business need and aligned to skillset and therefore cannot be guaranteed.
Qualifications
- Candidates are required to be pursuing an undergraduate degree or a Master of Accounting from an accredited college or university. Eligible candidates must have a graduation timeframe between December 2023 and June 2024.
- Common areas of study include but are not limited to:
- GPA of 3.2 or higher is preferred
o Finance
o Business Administration
o Accounting
o Information Systems
o Economics
o Other related majors
- Bank of America does not complete third party forms from colleges, universities, or other parties.
- Bank of America is unable to consider candidates who will require visa sponsorship now, or in the future, for this specific role.
- Candidates should possess a high level of intellectual curiosity, a drive for operational excellence, and a commitment to achieving sustainable results. Additionally, students should hold strong academic and technical skills in Microsoft Office as well as show proficiencies in leadership, teamwork, problem solving & analytical skills, verbal and written communication, and professionalism.
Pay and benefits information for the states of California, Colorado, Connecticut, Nevada, Rhode Island and Washington, and for Albany County, New York; Jersey City, New Jersey; Ithaca, New York; New York, New York; or Westchester County, New York.
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