Job Highlights
- New product review
- P&L & Balance Sheet controls and analysis
- Project engagement to drive operational excellence
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 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!
Job Description:
This role is key member of the Hong Kong FICC team, performing the Business Finance and Control (“BFC”) function for the GFX&LCT business. The Controller position is responsible for all aspects of finance, which include valuation control, financial reporting, financial analysis & new product assessment. Apart from overseeing day to day usual product control work, the person is expected to lead key initiatives and projects and should have strong knowledge of FX / Rates products, valuation & accounting. The person should be proactive who partners well with various stakeholders.
Responsibilities:
Performance and supervision of BFC core functions including but not limited to:
- Valuation Control including application of technical Independent Price Verification and Valuation Adjustment techniques, requiring an understanding of bonds, and vanilla linear/ non-linear interest rate and FX derivatives.
- New product review.
- P&L & Balance Sheet controls and analysis.
- Oversight of month-end closing and financial disclosure reporting.
- Project engagement to drive operational excellence.
- Value-added business support including analysis and management of scarce resources.
- Drive changes and issues resolutions by partnering with business and support functions.
- Manage audit and regulatory requests.
- Manage global Finance initiatives from the region.
Skills:
- Good understanding of Fixed Income, FX and Rates Products.
- Valuation experience of bonds, forwards, swaps and options.
- Control focused, analytical, team oriented, attention to detail and self-driven.
- Strong communication skills both verbal and written.
- Advanced Tech skills with ability to streamline/eliminate spreadsheet usage. Emerging Tech skills e.g. Tableau, Alteryx etc would be ideal.
- Experience of leading small teams and driving team deliverables.
- Good working knowledge of US GAAP and IFRS accounting standards.
Experience:
- Intensive experience in global markets valuation and product control.
- Possess undergraduate degree of Accounting, Finance or Risk Management, and ideally CFA and FRM designations.
- Experience to lead a small / medium team and achievements in projects implementation.
- Analysis or process design / modification involving data management.
All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.