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Bank of America GANE Derivative Netting Specialist in Charlotte, North Carolina

Job Description:

Responsible for overseeing the accounting process for derivative counterparty netting including systems administration for GANE. Including

  • Ensure accurate and complete recording of FIN 39 netting transactions for stand-alone financials and top-of-house reporting

  • Month-end close, incl. journal entry preparation, monthly financial variance analysis, including research, documentation and communication of account fluctuations

  • Accounts reconciliation and substantiation

  • Suspense monitoring & resolution

  • Coordinate SOX Map walk-throughs and support quarterly/year-end audit inquiries

  • Platform Development and Support, incl. Project Management (i.e. System Integration Testing, UAT, Parallel)

  • Assessing impact of CCP rule book changes on netting process for stand-alone financials and Top-of-house reporting

  • Analyze current processes and make recommendations for process improvement

  • Strong analytical & communication skills

Required Skills:

  • 6-10 Years of Accounting and/or Financial Services Experience

  • 3-5 years of product-specific experience

  • Knowledge of LOB Systems, Reg W, SOX, SAP, Oracle

  • CPA and/or MBA preferred

  • Ability to identify and implement business process improvements

  • Ability to translate complex issues into simple terms

  • Ability to step in and provide leadership across peers consistently

  • Strong technical and regulatory knowledge

  • Excellent time management skills with ability to coordinate and review multiple tasks and deliverables to flawless execution

  • Builds partnerships with team and stakeholders

  • Strong communication skills

This position is posted as a Senior Product/Specialty Controller but is flexible to be filled as a Product/Specialty Controller if the posted qualifications are met by a strong Product/Specialty Controller level applicant.

Posting Date : 04/23/2019

Location :

Charlotte, NC, TRANSAMERICA SQUARE, 401 N TRYON ST,

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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