Job Description

Post-Graduate / MBA / Chartered Accountants with 3 to 5 years of experience preferred
Excellent Customer Service and Inter-personal skills
Ability to manage a team
Should be solution oriented and look for opportunities to automate. Experience in automated projects will be an added advantage.
Good computing, accounting skills and analytical skills.
Good written and verbal communication skills
Ability to manage multiple tasks with accuracy
Quality conscious and having flair for constant process improvement.
Ability to manage volumes with accuracy.
Knowledge about banking operations preferable

What you can expect
What would you like the power to do? At Bank of America, we ask this question every day of all those we serve. It is at the core of how we live our values, deliver our purpose, and achieve responsible growth.
This is an opportunity to join a fast-paced team with a huge focus on world class client experience. You can look forward to service, advice, and support and manage portfolio of Global Treasury Services MNC, FI and Middle Market clients by providing professional, courteous, and high-quality service in all aspects of cash management and account opening product and services. We make a continuous effort to improve the client experience by leveraging our people and new technologies to deliver the power to make business easier. Were also delivering an industry-leading employee experience by investing in operational excellence driven tech that simplifies your workflows, offering exceptional learning experiences.
What you will do
Preparation and circulation of Bank Reconciliation statements daily.
Monthly review of Dormant list and physical verification of files held with PMCG
Review of accounts held in Deferred / Suppress Dormant status as per the guidance
Perform AOC / Account release activity for Dormant/ Ban-control transactions, ensure all the validations are done as per the DTP before releasing the AOC
Maintaining RTGS holidays for India for all the 3 branches on GBS and IAS
Creation / Renewal of POA for FSO head and other authorised signatories.
Opening, maintenance and closure of Internal account (Client related, External & Internal, PAP, Nostro partner bank, GL, Suspense etc.)
Review Suspense, Holdover, TX, Oracle Breaks etc. to ensure that no item is outstanding as per established process. Monitoring reconciliation of Nostro accounts.
Review of Desktop procedures and ensure that the same are updated
Control of Dormant & Ban Control accounts as per established regional and local procedures. Including AML/KYC controls on activation or related maintenance as received from clients.
Revert on the regulatory notices received from regulatory bodies like SEBI, Income Tax offices, Financial Investigation Unit, etc.
Perform Day 2 Quality checks for new Accounts Opened/maintenance done
Perform maintenance activities related to set up of new accounts in INDOCS
Prepare regulatory reports submitted by the Bank and ensure adequate controls are built in the process for accurate and timely reporting
Responsible for maintaining efficient relationship with stakeholders
Preparation of Internal and Customer related MIS as per the requirement
Education: Any Graduate
Industry: Banking

Skills Required