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Vice President - Payment Operations Manager

Mumbai, , India

Job Description:

Your background

  • Essential:  Post Graduate with >10 years’ experience.
  • Similar experience in handling of Payments /CMS /Clearing /Cash / Card Settlement Operations with a private/foreign bank.
  • Strong written and oral communication skills
  • Ability to manage volumes and multi-tasking with accuracy against stiff deadlines
  • Team Management
  • Excellent Customer Service and Inter-personal skills.
  • Good knowledge of Microsoft Excel, Word & PowerPoint

What you can expect

Global Corporate Banking Technology & 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 demands from clients and client management groups in the product areas of Payments and Cross Border Remittances with specialization in FEMA (Current Account & Capital Account) Transactions.

What you will do

  • Managing Payments/CMS/Clearing/Cash/Card Settlement Operations
  • Handling Capital Account follow-up and Reporting desk
  • Coordinating with branches for internal and external audits for data requirements and responses on Cross Border Remittances
  • Coordination with branches on Remittances related initiatives / regulatory guidelines
  • Back up for Branch Local Payments and Cross Border Remittances Team Lead
  • Authorization of transactions/accounting entries on GBS
  • Handling of RBI applications/letters and coordination with the regulator
  • Liaising with internal stakeholders such as Compliance /Product / Business team
  • Liaising with clients in handling of critical remittance transactions
  • Coordination with Audit teams in handling of queries/observations raised

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:

H5

Shift: 

Hours Per Week:

43.75

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background

  • Essential:  Post Graduate with >10 years’ experience.
  • Similar experience in handling of Payments /CMS /Clearing /Cash / Card Settlement Operations with a private/foreign bank.
  • Strong written and oral communication skills
  • Ability to manage volumes and multi-tasking with accuracy against stiff deadlines
  • Team Management
  • Excellent Customer Service and Inter-personal skills.
  • Good knowledge of Microsoft Excel, Word & PowerPoint

What you can expect

Global Corporate Banking Technology & 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 demands from clients and client management groups in the product areas of Payments and Cross Border Remittances with specialization in FEMA (Current Account & Capital Account) Transactions.

What you will do

  • Managing Payments/CMS/Clearing/Cash/Card Settlement Operations
  • Handling Capital Account follow-up and Reporting desk
  • Coordinating with branches for internal and external audits for data requirements and responses on Cross Border Remittances
  • Coordination with branches on Remittances related initiatives / regulatory guidelines
  • Back up for Branch Local Payments and Cross Border Remittances Team Lead
  • Authorization of transactions/accounting entries on GBS
  • Handling of RBI applications/letters and coordination with the regulator
  • Liaising with internal stakeholders such as Compliance /Product / Business team
  • Liaising with clients in handling of critical remittance transactions
  • Coordination with Audit teams in handling of queries/observations raised

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-21030254

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Asha Yadav

Referral Bonus:

0