This role is to represent Finance in supporting the Global Commodities business in NY, which includes Oil, Power, Gas, and Index products. The role requires strong leadership skills - candidates will be expected to influence team members, collaborate with the desk and other business partners, create structure for complex issues and focus on delivering solutions in line with the long term strategic goals of the bank.
Responsibilities will include the following:
Daily P&L & Balance Sheet - Reporting & Oversight
Review and challenge of official daily P&L explain and VaR backtesting
Daily P&L reporting to local and regional management
Oversight of trader estimate to official T+1 P&L variances at business unit level
Preparation of daily P&L commentary and substantiation to market events
Review and finance documentation of material new deals
Review and approval of changes to valuation adjustments & reserves
Review of changes to balance sheet & substantiation to transactional activity
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.