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Officer, Cash Management Services

Singapore, , Singapore

Job Description:

Your background

  • Level headed, confident and detail focused. Ability to conduct discussions with Treasury and Operational teams in an assertive manner.

  • Excellent communication skills.

  • Ability to work under pressure in a team environment and demonstrate experience meeting multiple daily cut-off's.

  • Ability to work and connect with all levels of the firm and people with different experiences and backgrounds

  • Self-motivated and able to work independently. Candidate should be able to manage his/ her own time and know when to escalate

  • Previous experience with cash, settlement or liquidity management preferred with particular focus on Direct Market and Over-the-counter products settlement

  • Knowledge of Operational Risk, Client Money Protection and Funding

Other Qualifications

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

  • Excels in working among diverse viewpoints to determine the best path forward

  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner

  • Commitment to challenging the status quo and promoting positive change.

  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

What you can expect

An opportunity has opened up to support Global Market Operations within the Cash Management Services team. The position will require you to work closely with treasury dealers, securities settlements and other internal departments to manage day-to-day requirements. These include meeting daily cash cut-offs for payments, trade settlements and balance management of accounts while collaborating with the internal teams and stakeholders. Cash Management Services is a very fast paced, dynamic business and will require someone that is able to prioritize work load, meet deadlines and respond well under pressure.

What you will do

  • Process payments in an accurate and timely manner

  • Provide accurate and timely calculation of the bank’s daily obligations across multiple entities

  • Investigate discrepancies to align funding projections figures across different business units

  • Investigate and analyze discrepancies between cash and ledger.

  • Support treasury on desk and stakeholders on various queries and projects relating to funding and payments

  • Any other ad hoc duties/projects as required and assigned

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 19 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.

Job Band:

H6

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background

  • Level headed, confident and detail focused. Ability to conduct discussions with Treasury and Operational teams in an assertive manner.

  • Excellent communication skills.

  • Ability to work under pressure in a team environment and demonstrate experience meeting multiple daily cut-off's.

  • Ability to work and connect with all levels of the firm and people with different experiences and backgrounds

  • Self-motivated and able to work independently. Candidate should be able to manage his/ her own time and know when to escalate

  • Previous experience with cash, settlement or liquidity management preferred with particular focus on Direct Market and Over-the-counter products settlement

  • Knowledge of Operational Risk, Client Money Protection and Funding

Other Qualifications

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

  • Excels in working among diverse viewpoints to determine the best path forward

  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner

  • Commitment to challenging the status quo and promoting positive change.

  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

What you can expect

An opportunity has opened up to support Global Market Operations within the Cash Management Services team. The position will require you to work closely with treasury dealers, securities settlements and other internal departments to manage day-to-day requirements. These include meeting daily cash cut-offs for payments, trade settlements and balance management of accounts while collaborating with the internal teams and stakeholders. Cash Management Services is a very fast paced, dynamic business and will require someone that is able to prioritize work load, meet deadlines and respond well under pressure.

What you will do

  • Process payments in an accurate and timely manner

  • Provide accurate and timely calculation of the bank’s daily obligations across multiple entities

  • Investigate discrepancies to align funding projections figures across different business units

  • Investigate and analyze discrepancies between cash and ledger.

  • Support treasury on desk and stakeholders on various queries and projects relating to funding and payments

  • Any other ad hoc duties/projects as required and assigned

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 19 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.

Learn more about this role

Full time

JR-21028475

Band: H6

Manages People:

Manager:

Talent Acquisition Contact:

Adeline Chan

Referral Bonus:

0

Street Address

Primary Location:
2 HARBOURFRONT PLACE, #02-01, Singapore, 098499