Senior Product/Specialty Controller

Job Description:

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for financial reporting for one or more lines of business. Key responsibilities include strong understanding of business processes, strong subject-matter expertise and knowledge of accounting activities and ensuring month-end close accurately reflects business results. Job expectations include partnering with upstream and downstream stakeholders, possessing accounting and financial reporting knowledge and possessing strong process, re-engineering, and problem solving skills.

Team Specific Job Description:

The GWIM Controller team is part of the CFO-Global Financial Control organization. The primary focus of our team is ensuring the accuracy of the books and records of the bank and supporting our business partners.  Our business partners include Product BFOs, GWIM Finance, LOB Operations, Regulatory Reporting, Accounting Policy and other Enterprise teams.

 

This is a high-visibility team lead role responsible for directing core day-to-day accounting and external reporting functions for GWIM covering Merrill and the Private Bank.  This includes accounting review and determination, monthly close & reporting, external reporting, and product business/finance support.  This role will also help design, develop, and execute changes that will make us a more effective and efficient organization.

 

This role works closely with the GWIM Controller and serves as a go-to resource for the team and our partners. It offers broad exposure across accounting, reporting, controls, and regulatory topics, along with the opportunity to shape how the team operates and to grow into expanded responsibilities over time.

Responsibilities:

• Ensures the ledger is accurate for the business line
• Adheres to accounting standards
• Partners with upstream and downstream stakeholders
• Comprehends business activities and how they influence accounting and reporting outputs
• Re-engineers processes and solves complex problems

Team Specific Responsibilities:

• Serve as a day-to-day lead for the GWIM team, providing guidance, review, and support to team members
• Own the integrity of GWIM's month-end close, including final review and approval of accounting calculations / journal entries, product reviews, and trial balance review

• Review and analyze monthly financial results and internal management reports, providing insight on key drivers and trends

• Own key GWIM control processes, including SOX documentation, control enhancements, and support for audit/regulatory reviews

• Serve as a trusted advisor to Product BFOs, GWIM Finance, and Operations on the accounting impacts of new products, business changes, and complex transactions

• Design, develop, and implement process improvements that reduce risk/costs, improve operations, and enhance user experience

• Drive automation and modernization (e.g., Alteryx, AI tools) to transform how the team works

• Represent GWIM controllership with senior Finance, Accounting Policy, Regulatory Reporting, and Audit partners

• Partner with GWIM Controller leadership on team priorities and day-to-day operations

• Coach and develop team members and build bench strength

Required Qulaifications:

• BA/BS Degree preferably in Finance/Accounting

• Deep and broad business acumen, with the ability to understand large, complex transactions and simplify them to their key components

• Interest and/or ability to understand technology products and services

• Proven analytical, change/project management, consulting, and problem resolution skills; detail oriented

• Moves quickly from concept to action; able to establish priorities and achieve results

• Able to bring structure and sound judgment to complex or evolving issues

• Data analysis skills and ability to create executive quality materials within tight timeframes with limited direction

• Excellent interpersonal skills and the credibility to influence business partners, peers, and management

• Unquestionable business and personal integrity

• Experience leading or mentoring others (formal or informal)

Desired Qualifications:

• MBA / CPA

• Alteryx

• Familiarity with the bank’s financial systems

 

Skills:

• Financial Accounting
• Financial Analysis
• Reporting
• Stakeholder Management
• Attention to Detail
• Continuous Improvement
• Data Quality Management
• Financial Management
• Written Communications
• Advisory
• Regulatory Relations
• Risk Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40