Job Description
Job Description:
Your background
• Graduate/MBA from a reputed institutes with about 5 to 6 years’ of experience in operations processing in a bank.
• Good knowledge of credit and/or credit risk
• Strong written and oral communication skills
• Good computing and accounting skills.
• Quality conscious and having flair for constant process improvement.
• Ability to manage volumes with accuracy.
What you can expect
Global Wholesale Banking 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 of clients and client management groups. The Credit Operations team provides significant operations support in on boarding and servicing borrowers of the bank. The team facilitates grant of limits to c borrowers, monitoring and the requisite regulatory reporting. The role is critical in facilitating the clients to use the banks products and services.
What you will do
• Ensuring that Credit data is correctly captured and reflected on the bank’s systems
• Responsible for processing and reviewing day-to-day transactions and generating internal MIS for all support functions as required
• Monitor borrowers for default and ensure requisite reporting.
• Ensure appropriate documentation in place in accordance with bank policies & procedures, to facilitate borrowing by the client, and ensure lien/security/collateral perfection.
• Provide appropriate support to Credit Managers as and when needed on various client portfolios.
• Manage Statutory and regulatory compliance functions for the Credit Portfolio of the Bank including preparation of exception report, Central Bank reporting and MIS to Top Management
• Ensuring adherence to both internal and regulatory guidance with respect to these processes.
• Act as a backup for other team associates in case of any need.
• Actively participate in all projects relating to credit services and support Credit service Manager for timely completion of projects.
About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.
Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 1+ cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies
Your background
• Graduate/MBA from a reputed institutes with about 5 to 6 years’ of experience in operations processing in a bank.
• Good knowledge of credit and/or credit risk
• Strong written and oral communication skills
• Good computing and accounting skills.
• Quality conscious and having flair for constant process improvement.
• Ability to manage volumes with accuracy.
What you can expect
Global Wholesale Banking 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 of clients and client management groups. The Credit Operations team provides significant operations support in on boarding and servicing borrowers of the bank. The team facilitates grant of limits to c borrowers, monitoring and the requisite regulatory reporting. The role is critical in facilitating the clients to use the banks products and services.
What you will do
• Ensuring that Credit data is correctly captured and reflected on the bank’s systems
• Responsible for processing and reviewing day-to-day transactions and generating internal MIS for all support functions as required
• Monitor borrowers for default and ensure requisite reporting.
• Ensure appropriate documentation in place in accordance with bank policies & procedures, to facilitate borrowing by the client, and ensure lien/security/collateral perfection.
• Provide appropriate support to Credit Managers as and when needed on various client portfolios.
• Manage Statutory and regulatory compliance functions for the Credit Portfolio of the Bank including preparation of exception report, Central Bank reporting and MIS to Top Management
• Ensuring adherence to both internal and regulatory guidance with respect to these processes.
• Act as a backup for other team associates in case of any need.
• Actively participate in all projects relating to credit services and support Credit service Manager for timely completion of projects.
About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.
Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 1+ cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies
💡 Quick Summary
Seeking a career-building opportunity? The Officer|Assistant Vice President| Operations Team Lead position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
