Bank of America Investment Banking Analysts Jumping for Joy Over

Bank of America investment Banking Careers

Banking Investment / February 8, 2018

Overview

Bank of America provides financial products and services for our customers and clients throughout the United States.

To find out where you might best fit within Bank of America, we invite you to read an overview of each of our businesses.

The Chief Financial Officer (CFO) Group

The Chief Financial Officer Group encompasses finance functions including Balance Sheet and Capital Management, Finance, Accounting, Corporate Treasury, Investor Relations and Corporate Investments.

• Balance Sheet and Capital Management partners closely with our lines of business, control partners and business support functions to ensure execution of capital-related priorities. This approach to Bank of America’s capital management process ensures the efficient and proactive management of economic and regulatory capital as well as the successful implementation of related initiatives.
• The Chief Accounting Officer group includes the Corporate Controller and oversees the business controllers and has a team providing finance support to Corporate Treasury, the Chief Investment Officer and Global Principal Investments. In addition, this team includes dedicated functions that deal with federal and state taxes; SEC and bank regulatory reporting; accounting policies; and securitizations.
• The Global Infrastructure Finance team provides financial reporting and controls for support teams across the organization. Responsibilities include strategic financial planning, forecasting and analysis processes; oversight of the internal control environment; financial reporting; and strategic cost measurement.
• The Line of Business Finance teams – Consumer Finance; Global Banking and Markets Finance; and Global Wealth and Investment Management Finance – provide strategic counsel and analysis to the lines of business, are responsible for executing all core finance functions and key control processes to ensure the integrity of financial results. The teams monitor and offer insight on appropriate market metrics for the business, helping to drive the business to deliver its financial commitments and contributing to the overall strategy. The Finance teams also ensure appropriate financial rigor is in place for all strategic initiatives.
Corporate Treasury is responsible for providing world-class management of the company’s interest rate and liquidity risks using a state-of-the-art framework for balancing the tradeoffs between risk and return. Treasury's primary responsibilities include funding the company’s balance sheet, forecasting net interest income, managing relationships with rating agencies and fixed income investors, and analyzing interest rate and liquidity risks.

Source: careers.bankofamerica.com