Intermediate Financial Analyst (Profitability Analysis)- DE

Bank of America and MBNA's partnership, combines two of the country's strongest organizations. As a world leader in credit lending and financial services, MBNA, a Bank of America company, has always provided its employees with a number of outstanding career opportunities. And now there are even more to choose from. At MBNA, a Bank of America company, you'll enjoy a competitive advantage seldom experienced in any industry.

Responsible for moderately complex financial activities involving the implementation of strategic plans, profitability analysis, forecasting and financial reporting for a line of business or staff area. Works on activities and projects with others with the business unit. May lead small projects and coordinate resources. In some cases, will act as team leader.

 

This position is responsible for contributing to the development of profitability through Pro-forma modeling for Cash Activation offers, strategies and initiatives for existing accounts.  This position works directly with the Marketing Strategies group to develop new strategies and/or enhance any existing strategies. The objective is to optimize profitability and loan growth based on behavioral segmentation.  This position has influence over $65B of Cash Volume.  In addition, this position is responsible for measuring the profitability of the offer decisions made in the call centers on a program basis and for analyzing all new and existing initiatives to ensure the profitability hurdles are being achieved.  Grow loans profitably and increase NIBT.
REQUIREMENTS


Required SkillsThorough knowledge and application of Microsoft software (Access, Excel, Word, PowerPoint).  Comprehensive knowledge of data mining to perform analysis and present findings.  Understanding of Federal regulations that impact the banking industry.

Desired SkillsPrevious financial experience.