The Bank of America has invited applications for the post of Assistant Manager.
Responsibilities:
- Daily Processing of equity dividend events in an accurate, timely and consistent manner, in accordance with departmental procedures and to the agreed service levels.
- Resolution of any processing issues and liaison with other areas of Bank of America Merrill Lynch including Settlements, Trading Desk Support, Client Service Representatives, Finance & Middle Office, Technology, Product Data Support, Client On boarding Services and global Asset Services Departments. The job involves a high degree of daily communication and interaction with internal counter-parties, external custodians/agent banks and external clients.
- Daily reconciliation of control, suspense and bank accounts and daily resolution of reconciling items.
- Maintenance of customer service levels through speedy resolution of queries raised by Prime Brokerage clients
- Daily allocation of client money.
- Compliance with all relevant Regulatory and BofAML Control Standards and policy requirements.
- To identify changes to processes and procedures that will improve control, efficiency, reduce risk and/or improve client services.
- Participation in user acceptance testing programs new business projects.
- Act as first point of escalation for Client Service Representatives, onshore management and offshore management.
Qualifications:
- Graduate in Commerce, Accounting, Management or Equivalent degree in Finance or Post Graduates in Commerce, Accounting Management or Finance / ICWA Inter / CA Inter / MBA Finance
- Certifications: NCFM or similar certifications
- NCFM or similar certifications will be added advantage
- 6-7 Years’ experience in Asset Service (Income or Corp Act) or 6-7 Years of experience in International Bank – Dividend Process for Prime Brokerage Clients
- Knowledge of Dividend/Coupon Interest, Corporate action,
- Excellent MS Excel skills, knowledge of 6 Sigma tools
- Good Communication skills, written and verbal and Advanced MS Office & Excel, 6 Sigma certified
Location: Hyderabad/Gurugram
For more details and to apply, click here:
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