15 hours
2018-01-192018-02-17

Product/Specialty Controller

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-17075405CharlotteNC
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Company Bank of America

Job Title Product/Specialty Controller

Jobid bankofamerica-17075405CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



• Support various transactions in the CLEAR application, including, though not limited to remittances, transfers and platform conversions (i.e. MSP, Ditech and PHH)

• Liaise with LOB representatives for research and query responses related to specific CLEAR generated general ledger postings.

• Prepare data for SEC and regulatory reporting submission schedules

• Work with GIRC to clear reconciliation items to avoid non-compliant g/l account aging.

• Supports ad hoc projects



Description:



+ Perform daily operational accounting activities associated with the consumer real estate mortgage loan portfolio - ensure primary mandate of 'getting the numbers right the first pass' is achieved.

+ Perform account analysis and reconciliations, research exceptions, prepare journal entries, prepare ad hoc analysis and reports

+ Monitor daily systematic posting activity

+ Perform transactional accounting tasks including repurchases, VIE, BAU loan sales and securitizations, NPL and MSR sales, loan transfers, government loan transactions, intercompany settlements

+ Liaise with LOB representatives for research and query responses

+ Documents and maintains desk procedures and collects documentation for audit purposes.

+ Performs UAT testing in support of system changes (i.e. CLEAR, SBO2k, ALS, MSP)



Qualifications:



Required:



+ BA/BS (accounting or finance strongly preferred) and/or MBA in similar disciplines

+ Knowledge of a large scale bank g/l system

+ SQL and other database tools

+ Strong use of excel, word and other MS applications

+ Strong, direct, concise written and verbal communication skills

+ Business acumen and critical thinking

+ Problem solving - detail oriented with ability to understanding of big picture

+ Process management skills, multi-tasking and organizational skills



Preferred:



+ Mortgage accounting experience in a large bank setting

+ Knowledge of loan servicing systems and loan subledger systems

+ Knowledge of SOX, capital, Volcker Rule, BAC enterprises processes (audit, compliance, risk, etc.)

+ Knowledge of respective LOB system and personnel depending on LOB being supported.

+ CPA or similar (i.e. CFA, MBA)



**Posting Date** : 11/09/2017



**Location** :

Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE ST,

- United States



**Travel** : No



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



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Product/Specialty Controller

Bank of America
Charlotte, NC

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Bank of America
Charlotte, NC

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