Senior Financial Analyst Consumer Deposits Service Charges Finance

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Deposits Finance Horizontal team is part of the Regional Banking & Wealth Management CFO organization and delivers strategic financial analysis, forecasting, and reporting for Deposit products and related fees. The team partners closely with Business Finance Officers (BFOs) and Lines of Business (LOBs) to support decision‑making across Checking and Savings accounts, Deposit Balances and Net Interest Income (NII), Service Charges, and Debit Card/Payments.

This role supports approximately $2B in Service Charges revenue across Consumer, Small Business, and Global Wealth & Investment Management (GWIM). The position focuses on forecasting and financial reporting for Account Service Charges, ATM fees, and Balance Assist, while contributing to consolidated baseline and stress forecasts.

Responsibilities:

• Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
• Develops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
• Creates forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectory
• Supports reporting and analysis for key constituents and management, which may include Board of Directors, Investor Relations, and/or various regulatory agencies
• Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures
• Supports new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities

Key Responsibilities

• Produce forecasts, analysis, and financial reporting for deposit service charge revenue
• Support consolidated baseline and stress forecasts for Service Charges revenue and present insights to senior finance and business leadership
• Analyze financial performance, trends, and drivers across multiple deposit products
• Partner with Deposit product and service fee strategy teams to understand consumer behavior and business initiatives
• Ensure strong controls, accuracy, and data quality through disciplined processes

This role provides broad exposure across Deposits and the Consumer organization, with opportunities to build skills in:

• Financial and business acumen
• Analytical and strategic thinking
• Planning, forecasting, and financial modeling
• Attention to detail and quality control
• Communication and relationship management

Required Qualifications

• Bachelor’s degree, preferably in Finance or Accounting
• Two or more years of experience in accounting, financial analysis, or a related role
• Strong analytical and organizational skills with exceptional attention to detail
• Strong verbal and written communication skills with the ability to influence stakeholders
• Advanced proficiency in Microsoft Excel and PowerPoint
• Ability to work independently in a fast‑paced, results‑driven environment
• Collaborative team player who actively builds relationships
• Curiosity and continuous‑improvement mindset
• Strategic thinker capable of navigating complex business challenges and solutions
• Demonstrated focus on process discipline, controls, and risk management

Desired Qualifications

• Experience with Essbase (SmartView) and general ledger systems
• Planning, forecasting, and variance analysis experience, or Financial modeling experience
• Familiarity with emerging analytic and reporting tools (e.g., Tableau, Alteryx, Workiva)

Skills:

• Attention to Detail
• Business Process Analysis
• Collaboration
• Data Quality Management
• Reporting
• Data Visualization
• Financial Analysis
• Financial Forecasting and Modeling
• Financial Processing
• Prioritization
• Analytical Thinking
• Business Acumen
• Business Case Analysis
• Critical Thinking
• Decision Making

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)

Pay and benefits information

Pay range$83,500.00 - $121,800.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.