Job Description:
About Us
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
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Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview
Global Wholesale Banking Operations comprises operations for Commercial and Corporate banking clients. These operations support the business across US, Asia Pacific, & EMEA regions. GWBO functions include implementation and servicing of credit, depository and treasury products; processing of payments and processing of trade finance transactions.
Job Description
The APAC Account Opening team deals with Opening/Closing of DDA /Savings Accounts for corporate clients. The entry channel for receiving work is through email. The New Accounts team works with IA to meet the client expectation to on-board a accounts. Performs detailed document review to comply with the AML/Country requirement. Knowledge of GBS application (CIS & DAS), Sanction tools and clear understanding of the APAC CDD requirements.
Responsibilities
- Understanding of onboarding/mandate update process
- Detailed review on the Banking Resolution, Trade Registry, POA & Add Delete Letter with good written skills
- Responsible to carry out appropriate due diligence for each request for Account Opening/CDD and Maintenance activities.
- Responsible to ensure that the tasks are completed within the given SLAs.
- Need to meet all the applicable KPI's for the business
- Effective Analytical skills are required to ensure that correct action is taken on each transaction
- Interact with LOB partners for a quick resolution of issues.
- Be a key contributor to business initiatives that require subject matter expertise.
Requirements
Education Any Graduation
Certifications If Any : NA
Experience Range - 2- 5 Years
Foundational skills
- Excellent Oral & Written communication skills
Desired skills
- Good oral/written communication skills
- Proficient with Microsoft Excel and Outlook
- Good Knowledge on accounting and organizational skills
- Excellent time management skills
- Organized and able to multi-task in a fast-paced environment
- Highly motivated, able to work independently, self starter; and problem/solving/analytical
- Excellent interpersonal skills; positive attitude; team player; flexible
- Willingness to learn and adapt to changes
Work Timings 3:30 AM- 04:30 PM IST (Rotational)
Job LocationHYD