Job Description

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Job Title: BFC Product Associate
Corporate Title: Vice President
Location: Chester
Company Overview:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Location Overview:
Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.
Role Description:
This job is responsible for supporting business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management, front office, and other business stakeholders. Key responsibilities include applying knowledge of product(s), processes, and inherent risks for a product, business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets, assist in production of regulatory matters analysis, and perform critical testing and calculations.
Why Join Global Markets Finance in Chester?

• Industry Experience Practically apply accounting skillsets within a dynamic industry and fast paced environment.
• Market Insight Develop an understanding of the structure of global markets and their impact on our daily trading flows.
• Data Driven Approach - Learn to develop with Emerging Technology tools that provide cutting edge insight into the data that drives our business.
• Professional Network Exposure to senior leaders across the organisation allowing associates to build profile and a network of key contacts.
• Progression & Promotion High focus on talented employees with a tailored approach to ensure every individual is given opportunities to progress their career.
• Internal Mobility High levels of engagement with multiple groups and a excellent track record in placing employees into roles across our global organisation.
• Supportive Learning Environment - Role specific learning and development opportunities to ensure associates are agile and develop a highly transferrable skillset.
• Culture of Openness and Integrity Open and transparent discussion at all levels of key matters as they arise.
• Corporate Social Responsibility A culture of caring with opportunities to volunteer our time and skills for the benefit of our local community.

Responsibilities:

• Gain an in-depth understanding of the financial products, market risk profile and risk mitigation techniques and strategies
• Be responsible for producing and reviewing daily/monthly Profit & Loss and Balance Sheet, including month end close process
• Partner with colleagues across the bank to investigate and resolve accounting issues
• Validate our reporting to external regulators
• Provide financial insight and partner with Trading colleagues to optimise business performance
• Engage in ad-hoc project work to drive efficiency and enhancement to our routines

What we are looking for:

• A genuine interest in our business and intellectual curiosity
• A passion for serving our clients and the communities in which we work
• Personal integrity and accountability, ability to review, debate and challenge processes
• Motivated with excellent attention to detail, with great organisational skills to effectively manage competing deadlines and management escalation
• Ability to bring your authentic self to work every day
• Respect for our core values; deliver together, act responsibly, realize the power of our people and trust the team

Skills that will help:

• 2:1 from a UK University (or equivalent)
• Qualified/part qualified accountant (ACCA, ACA, CIMA or equivalent)
• Rich and varied experiences from a range of backgrounds
• Advanced Excel skills
• Understands and applies knowledge of financial concepts, principles, products, and other relevant financial information

It is not necessary for new recruits to have worked in financial services previously as industry specific knowledge can be learned on the job. In addition, you will attend a structured learning programme which provides insight into the financial products we trade and the markets in which we operate.
All new hires will also undertake a formal on-boarding programme with a focus on navigating our organisation and ongoing support to ensure a smooth transition into the working environment of our firm.
Benefits of working at Bank of America:
UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UKs most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:
Good conduct and sound judgment is crucial to our long term success. Its important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.