Finance Manager - Business Support (Merrill Advisor Development Program BFO)

About This Role

This Finance Manager role serves as a finance partner to specific Lines of Business (LOBs), directing day-to-day finance activities to manage strategic annual planning and implementation. The position involves forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. It supports management in key decision-making and influences financial analysts.

Responsibilities

• Oversee the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement
• Review LOBs financial performances and provide strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
• Manage forecasting and/or budgeting and compare current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
• Delegate and provide oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
• Implement new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
• Build, maintain, and manage partner relationships across the Finance division and implement policies and procedures that ensure integrity of the financials, sound controls, and effective procedures
• Play a key strategic role in workforce planning, forecasting, and regulatory support for the Merrill Advisor Development Program (ADP) Business Finance Office (BFO)
• Be highly involved in the quarterly MLWM Baseline Forecast process, where ADP headcount and associated expenses represent a significant forecasting component
• Develop and submit the Merrill trainee population forecast used in Enterprise Stress Testing (EST), supporting the firm's regulatory, capital planning, and long-term workforce management objectives

Requirements

• 10+ years Finance experience
• Prior experience working with and influencing executive level partners

Nice to have:

• Experience using Co-Pilot (AI)
• Prior experience with developing forecasting/budgets
• Bachelor's Degree in Accounting / Finance

Benefits

• Discretionary incentive eligible
• Industry-leading benefits
• Access to paid time off
• Resources and support to employees

Important Details

• Shift: 1st shift
• Schedule: 40 hours per week
• Locations: US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140); US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)

About the Company

At Bank of America, the common purpose is to help make financial lives better through the power of every connection, driving Responsible Growth and delivering for clients, teammates, communities, and shareholders. The company is committed to an in-office culture that supports collaboration, engagement, and career development, with clear in-office expectations and flexibility based on role-specific responsibilities and business needs. The Merrill Advisor Development Program (ADP), established over 50 years ago, aims to attract and develop new licensed and unlicensed advisor talent, helping participants acquire new clients, build assets, and grow their books of business. ADP participants represent approximately 20% of the total Merrill Financial Advisor population across all markets nationwide, receiving coaching, mentoring, and performance support for 2 to 4 years before transitioning to Core Financial Advisor status.