13 hours
2017-11-212017-12-21

Corporate Investments P&L Analyst

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-17064061CharlotteNC
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Company Bank of America

Job Title Corporate Investments P&L Analyst

Jobid bankofamerica-17064061CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



We provide daily, risk-based PnL to the Chief Investment Office (CIO), responsible for managing the Bank's interest rate risk and net interest income. This is done by producing a variety of reports spanning several investment programs and provision of accurate regulatory metrics. We interact real-time with the trading desk and business management to fulfill ad-hoc data requests, process hedges and ensure a controlled reporting environment.



Within the Product Control team, we are responsible for T+0 and T+1 reporting of income and gains of the Group's primary portfolios, validating data inputs thereto, and facilitating the processing of varying FAS-133 hedges. We investigate PnL drivers, assessing market and risk changes, working with the trading desk and our quantitative finance group to translate mathematical results into regulator-proscribed buckets.



As needed, we process FAS-133 hedge positions, ensuring that hedge relationships are captured properly and effectiveness requirements are met. This activity provides exposure to basic statistical concepts and hedge accounting.



Additionally, we are responsible for routines designed to engage senior management in the Volcker cycle.



_Enterprise Role Overview_



Responsible for balance sheet, general ledger and/or product controls specific to a defined area or defined process. Understands the market and the market drivers of the product they are supporting. Understands more complex structured transactions and the operational risks around the end to end product lifecycle. Implements improvements to the system infrastructure and control environment. Provides general team guidance on complex transactions. May provide input to recruiting and hiring and performance management processes. BA preferred or substantially equivalent experience. Typically 5-7 years of applicable experience.



**Required Skills & Experience:**



+ Bachelor’s Degree (Quantitative field preferred)

+ 3-7years’ experience in financial services, direct support of trading desk and/or P&L preferred

+ Advanced Excel skills/data manipulation

+ Knowledge of VBA and SQL



**Desired Skills & Experience:**



+ Previous management or supervisory experience



**Posting Date** : 09/21/2017



**Location** :

Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,

- United States



**Travel** : No



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



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Corporate Investments P&L Analyst

Bank of America
Charlotte, NC

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Corporate Investments P&L Analyst

Bank of America
Charlotte, NC

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