PostMatches By WorkStaff USA
The Legal Entity Executive Group (LEEG) in the Chief Financial Officer (CFO) Group has an open role in Charlotte, NC. LEEG is responsible for the strategy and governance to drive a robust and simplified legal entity structure to support the business operations of Bank of America (~500 subsidiaries globally).
This role provides a unique opportunity to develop a thorough understanding of the bank, from a “top of the house” perspective (incl. how the business operations are organized, governed and managed); establish a broad network globally through interactions with a diverse set of stakeholders (incl. Lines of Business, Finance, Treasury, Risk and Legal); develop strong business and financial acumen. and provides a strong foundation to successfully navigate the Company.
Key responsibilities include:
Analyze proposed legal entity and intercompany transactions (for example, creations, eliminations, changes in ownership and movement of capital between subsidiaries)
Support subsidiaries and branches in establishing and maintaining robust routines for governance, financial and risk reporting to boards of directors and management
Support key regulatory priorities, incl. Recovery and Resolution Planning and Regulation K
Identify and implement initiatives to support operational excellence, including simplification and automation of existing processes
Bachelor’s degree (or higher) in Finance, Accounting or Business
Experience in the financial services industry
Experience in areas such as finance, treasury, accounting, risk, compliance and/or audit
Familiarity with financial statements
Ability to manage multiple deliverables and deadlines
Strong written and verbal communication, attention to detail, analytical and problem solving skills
Significant experience with MS Office, including Excel and PowerPoint
Understanding of intercompany / legal entity concepts (for example, creation, merger, elimination and movement of capital between subsidiaries)
Familiarity with the regulatory environment of financial services industry
Exposure to process design and automation, incl. use of tools such as Alteryx, Tableau or Workiva
Is relocation available?
Is there additional variable compensation?
Yes variable compensation in form of annual bonus