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Bank Of America Senior Team Member 
India, Gujarat, Gandhinagar 
375768912

01.04.2025

Responsibilities*

  • Comprehending notices/incoming requests from Client/Agent Bank/Lenders and verifying/updating details in workflow tool
  • Timely and accurate assignment of requests from workflow tool to processors
  • Validating payment instructions/ notices and releasing advances/wires/notices to clients, lenders & Agent Banks on Loan IQ
  • Actioning on periodic rate changes, rollovers, advances, payments, conversions on Loan IQ and Fronted Letter of Credit for Large Corporates
  • Updating system of record while adhering to standard operating procedure and guidelines
  • Managing manual matching and timely monitoring of wire matching automation, its reporting and working on manual matching
  • Understanding of General Ledger postings and past dues
  • Timely action, resolution and reconciliation of financial breaks/past dues and following escalation matrix as & when needed.
  • Effective communication and coordination with fellow team members, managers, and other stakeholders (agent banks/lenders).
  • Timely action on preparation and distribution of Delayed Investor Funding Report to stakeholders.
  • Taking ownership of assigned portfolios/service requests/transactions and ensuring service request completions within turnaround time.
  • Adherence to the Business Deliverables, SLA (Service Level Agreement) and Accuracy.

Education*

  • B Com, M Com, MBA (graduation in finance stream)
  • Certifications - If Any

Experience Range*

  • 2-4 Years of relevant experience

Foundational Skills*

  • Overview & Navigation of Loan IQ │ Advanced
  • Overview & Navigation of iCon/GSS │ Advanced
  • Overview & Navigation of Clearpar │ Advanced
  • Banking & Markets Knowledge - Closing & Settlements, Loan Trade Servicing & Assignments, Primary & Secondary Markets │ Proficient
  • Reconciliation - Understanding on GLs, Past dues etc. │ Proficient
  • Commercial & Business Banking Lending - Basic Overview, Credit Product Knowledge, Loans Life Cycle & Credit documents │ Proficient
  • Loan Servicing (Bilateral and Syndication) - Overview, types of Facilities, roles of different parties, Advances, Payments, Pricing Change, Renewals/Rollovers, Conversions, Fees, LCs, and Loan Maintenance │ Proficient
  • Attention to Detail │ Expert
  • Communication Skill - Verbal/Written │ Advanced
  • Flexible and Open-Minded │ Proficient
  • Customer Focus │ Proficient
  • Stakeholder Management & Network/Relationship Building │ Proficient
  • Critical Thinking │ Proficient
  • MS Office (Excel, Word, PowerPoint) │ Proficient

Desired Skills*

  • Functional knowledge of AI/ML tools │ Proficient
  • Operational Risk - Inadequate or failed internal processes, people, and systems or from external events │ Proficient
  • Global Payment Product/Ops knowledge - Wire Transfer, Direct Debit, ACH, Swift etc. │ Proficient
  • Active Listening │ Proficient
  • Team Building │ Proficient
  • Numerical Ability │ Proficient
  • Overview & Navigation of WorkFusion │ Proficient
  • Data Management & Dashboard Tools - Tableau, Alteryx, SharePoint etc. │ Proficient

Work Timings*

  • 6.30 pm - 3.30 Am
  • 7.30 pm - 4.30 am

Job Location*

GIFT City