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Team Leader

6.00 to 7.00 Years   Hyderabad   18 Sep, 2019
BA Continuum India Pvt Ltd
Job LocationHyderabad
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

Bank Of America Job - Team Leader , Hyderabad, India

Individual will be required to play SME role across all products. He She will be involved in liaising with multiple teams for meeting the Service Level Agreements. Handling the Adhoc QueriesEscalations raised either by Internal or External teams.

In addition the role is also required to identify trendsthemes and opportunities of reducing comp cost by analyzing the compensation claims and also provide greater control over compensation cost by way enhanced governance on interest cost

Responsibilities:

  • Review daily key operational variables
  • Ensure adherence to the SLA s Metrics productivity, turn-around-time and accuracy
  • Interact with business partners and units on day to day functionalities
  • Provide subject matter expertise on processes
  • Provide update on process performance
  • Ensure that all audit and processing audit processes and methodologies are followed and documented
  • Assisting the Team on their day to day queries
  • Responding to Ad hoc queries from internal and external clients
  • Check SWIFT instructions of the incoming wires that could not go through Straight thru Processing.
  • Investigate and locate correct beneficiary account and book funds.
  • Monitor CMS group mailbox and respond to various inquiries pertaining to US and EMEA region currencies.
  • Process JE s to adjust customer accounts as requested.
  • Review MT103 instructions for incoming FX wires and advice if ML account listed is valid.
  • Funding internal GL s to ensure sufficient funds are maintained post cutoffs.
  • Investigation of costs of back-valuation of payments and claiming any Use of funds
  • Pro-actively resolving the aged claims
  • Coordinating with Front OfficeMiddle OfficeBack Office for resolution of claims
  • Verification of Swift messaging, Payments and Journals
  • Building and maintaining up to date data pertaining to interest claims such as contacts database, payment instructions etc.

      • Requirements:

      • Knowledge of General Accounting (journal entries, debitscredits and treatment in books etc.)
      • Knowledge of Financial and Capital Markets
      • Basic reconciliation knowledgeexposure.
      • Eye for detail and Out of the Box Thinking
      • Ability to excel in a team environment.
      • Proactively recognize and recommend solutions to process inefficiencies.
      • Ability to prioritize and multi-task when faced with multiple deadlines
      • Sound decision making capability
      • Client focused individual with the drive to exceed expectations
      • Results oriented individual with good problem solving abilities
      • Candidate must also have good written and oral communications skills.
      • Should be highly adaptable to the changing business requirements and flexible to work in night shift
      • Understanding of Trade Life Cycle, Interest Claim Guidelines
      • Excellent interpersonal skills; positive attitude; team player; flexible
      • Willingness to learn and adapt to changes
      • Proactively recognize and recommend solutions to process inefficiencies

        • Education: Graduate or MBA International BusinessFinance

          • Certifications If Any: NSE ACADEMY S Certification in Financial Markets Modules

            • Experience Range: 6-7 years

              Mandatory skills: Experience in Investment Banking - Reconciliation, Payments(MT 103, 202)

              Desired skills: Payments, Settlements Reconciliation Experience

              Work Timings: 07:30pm to 04:30am

              Location: Hyderabad

      ,

      Keyskills :
      salescustomer relations slaquality coachingsubject matter expertise trade life cyclelife cycle

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