Assistant Vice President - Trade Operations jobs at Bank Of America in India, New Delhi

Your background

• Trade Knowledge required
• Qualifications –CA/MBA with 10-12 years of trade experience
• Good Computer, Analytical & Accounting skills
• Effective verbal and written communication skills
• Ability to manage volumes with accuracy and handle pressure
• Good knowledge of Microsoft Excel, Word & PowerPoint
• Ability to manage a team and ensure work completion within stiff time deadlines

What you can expect

• Support business objectives in Trade Finance area through adherence to all internal & external procedures & customer service orientation.
• Ensure compliance with reporting / response deadlines
• Responsible for ensuring adherence to laid down Compliance and Regulatory guidelines
• Responsible for maintaining good rapport with branches and business teams
• Timely resolution of queries and follow-up on documentary exceptions
• Regular Interaction with Stakeholders for job related activities
• Preparation of Internal and Customer related MIS as per the requirement.
• Managing a team.
• Contributing towards department efforts in the areas of constant process improvement, improving productivity etc.

What you will do

• To ensure that all internal process are followed for all transactions.
• Should be client focused in approach
• Always strive to develop on existing skill set.
• Expectation is to work as a team manager.
• Compliance oriented to ensure that all regulations should be complied with.
• Good skillset – computer & communication skills along with managing a team.

Your background

• Essential: Postgraduate with >10 years’ experience.
• Similar experience in handling of Payments /CMS /Clearing /Cash / Card Settlement Operations with a private/foreign bank.
• Strong written and oral communication skills
• Ability to manage volumes and multi-tasking with accuracy against stiff deadlines.
• Team Management
• Excellent Customer Service and Inter-personal skills.
• Good knowledge of Microsoft Excel, Word & PowerPoint

What you can expect

• Global Corporate Banking Technology & Operations is seeking to expand its services & infrastructure in Asia. The business is looking for dynamic and talented individuals to support the strategy in order to meet the growth demands from clients and client management groups in the product areas of Payments and Digital Transactions

What you will do

• Managing Payments/CMS/Clearing/Cash/Card Settlement Operations
• Handling cheque deposit & clearing activities along with marking cheque returns in the system.
• Coordinating with branches for internal and external audits for data requirements and responses
• Review Suspense, Holdover, TX, Oracle Breaks etc. to ensure that no item is outstanding as per established process
• Back up for Branch Clearing activities.
• Authorization of transactions/accounting entries on GBS & IR system
• Reconciliation of cheques presented for clearing and bulk liquidation process.
• Verification of deposit detail report with physical deposit slips
• Handling other branch support activities including Vendor bill processing, legal & tax representation for the BANA India, BCP management and vendor contract review