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- Tasks: Analyze financial performance and support strategic projects across the region.
- Company: Join Bank of America, a leader in making financial lives better through responsible growth.
- Benefits: Enjoy private healthcare, competitive pension plans, and flexible benefits tailored to you.
- Why this job: Be part of a diverse team driving impactful financial insights in a dynamic environment.
- Qualifications: Must be a qualified accountant with strong analytical skills and FP&A experience.
- Other info: This role offers opportunities for personal growth and collaboration with senior leadership.
The predicted salary is between 43200 - 72000 £ per year.
Senior Financial Analyst – FP&A Job Description: Job Title: Senior Financial Analyst – FP&A Location: London Corporate Title: Up to Vice President Company Overview: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. The Team: The Financial Planning & Analysis team (FP&A) is part of the Chief Financial Office (CFO). The team works across all lines of business within the region with offshore support from India. The team’s key responsibilities include: Reporting, analysing and communicating the regional performance to senior management and external parties, covering both EMEA and International. Presentations and key materials for external stakeholders to support strategic priorities, including regulators. Executive Support, working across businesses and support functions and with the regional and legal entity executive team. Strategic/Ad-Hoc Projects: Proactively identifying new opportunities and supporting major cross-LOB projects & initiatives. Market & Competitor Insight: Global benchmarking and producing strategic insights for senior leadership to drive priorities. Responsibilities: The role is highly varied and challenging and will involve working across all team responsibilities, including: Regional Performance Analysis and Executive Support: Ad-hoc analysis, presentations and briefings for senior management for internal and external audiences. Regional and legal entity performance analysis and insight for executives and key regulators. Country performance analysis for senior management and country leadership teams. Presentations for external parties on regional and key legal entity performance and associated briefing materials. Regional and Legal Entity Strategy and Planning: Communication of the regional and key legal entity strategy to local regulators, working across businesses and support functions and with the regional executive team. Support for major cross-line of business projects and initiatives within the region. Support for Country Strategic Reviews, working with local offices to produce plans for senior management. Market and Competitor Insight: Competitor performance analysis including benchmarking. Consolidated analysis of peer group performance, including strategic insights for senior leadership to drive priorities. Monitor news flow / market developments / analyst reports to provide updates and insights to senior management. What we are looking for: High degree of numerical, verbal and analytical ability. Qualified Accountant (ACA, CIMA or ACCA qualified) with proven accounting skills and an eye for detail. Able to produce high quality, accurate output under tight timescales. Confident interpersonal skills and ability to build partnerships with key internal clients. Proactive and self-motivated with a track record of delivering insightful analysis and making improvements. Organised, able to manage workload efficiently. A genuine interest in Banking as an industry and a desire to understand how businesses operate and what drives the financial performance. Knowledge of investment banking industry. FP&A experience, including building forecasts, designing reports and generating analysis. Benefits of working at Bank of America: Private healthcare for you and your family plus an annual health screen. Competitive pension plan, life assurance and group income protection cover. 20 days of back-up childcare including access to school holiday clubs. The ability to change your core benefits and select from a variety of flexible benefits. Access to an emotional wellbeing helpline and Employee Assistance Program. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. #J-18808-Ljbffr
Senior Financial Analyst - FP&A employer: Bank of America
Contact Detail:
Bank of America Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Analyst - FP&A
✨Tip Number 1
Make sure to familiarize yourself with the latest trends and developments in the banking industry, especially in FP&A. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals already working in FP&A roles or at Bank of America. Engaging with them on platforms like LinkedIn can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of your past analytical work and how it has impacted business decisions. Being able to articulate your contributions clearly will set you apart from other candidates.
✨Tip Number 4
Stay updated on competitor performance and market insights. Being able to discuss these topics intelligently during your interview will showcase your analytical skills and understanding of the financial landscape.
We think you need these skills to ace Senior Financial Analyst - FP&A
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Financial Analyst position. Make sure you understand the key responsibilities and required skills, such as FP&A experience and analytical abilities.
Tailor Your CV: Customize your CV to highlight relevant experience in financial analysis, reporting, and strategic projects. Emphasize your qualifications, such as being a qualified accountant (ACA, CIMA, or ACCA) and any specific achievements in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the responsibilities outlined in the job description. Showcase your proactive nature, interpersonal skills, and genuine interest in the banking industry.
Highlight Relevant Projects: In your application, mention specific projects or experiences where you successfully conducted performance analysis, built forecasts, or provided insights that influenced decision-making. This will demonstrate your capability to handle the role's challenges.
How to prepare for a job interview at Bank of America
✨Showcase Your Analytical Skills
As a Senior Financial Analyst, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive business decisions or improve processes in your previous roles.
✨Demonstrate Industry Knowledge
Make sure to express your understanding of the banking industry and current market trends. Discuss any relevant experiences or insights you have that relate to investment banking and FP&A.
✨Prepare for Behavioral Questions
Expect questions that assess your interpersonal skills and ability to work with cross-functional teams. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your teamwork and leadership experiences.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's strategic priorities and how the FP&A team contributes to them. This shows your genuine interest in the role and helps you understand how you can add value to the team.
