• Team Developer Jobs in Hyderabad,India - 23828768

  • BA Continuum India Pvt Ltd
  • Save Job
  • 2 - 4 Years
  • Posted : above 1 month

Job Description:




The Asset Services Prime Brokerage Dividend Processing team will be responsible for the following


Processing of all dividend events for Prime brokerage clients


Reconciliation of Cash breaks, control accounts, tax accounts and fee accounts


Investigation and Resolution of client queries on a timely basis


Responsibilities



  • Daily Processing of equity dividend events in an accurate, timely and consistent manner, in accordance with departmental procedures and to the agreed service levels



  • Resolution of any processing issues and liaison with other areas of Bank of America Merrill Lynch including Settlements, Trading Desk Support, Client Service Representatives, Finance Middle Office, Technology, Product Data Support, Client On boarding Services and global Asset Services Departments The job involves a high degree of daily communication and interaction with internal counter-parties, external custodians/agent banks and external clients



  • Daily reconciliation of control, suspense and bank accounts and daily resolution of reconciling items



  • Maintenance of customer service levels through speedy resolution of queries raised by Prime Brokerage clients



  • Daily allocation of client money



  • Compliance with all relevant Regulatory and BofAML Control Standards and policy requirements



  • To identify changes to processes and procedures that will improve control, efficiency, reduce risk and/or improve client services



  • Participation in user acceptance testing programs new business projects



  • Act as first point of escalation for Client Service Representatives, onshore management and offshore management



  • Team Process Performance on Data



  • Reviewing common workbasket and workflow management



  • Ensuring timely resolutions of Queries/clarifications



  • Managing Team K performance stats



  • Review of Errors to identify process and or training issues and address accordingly



  • Review of Reports and Metrics spreadsheet to identify gaps and address accordingly



  • Review of Escalations and Expedites for due diligence by associates


Requirements



  • Mandatory skills



  • Daily Processing of equity dividend events in an accurate, timely and consistent manner, in accordance with departmental procedures and to the agreed service levels



  • Resolution of any processing issues and liaison with other areas of Bank of America Merrill Lynch including Settlements, Trading Desk Support, Client Service Representatives, Finance Middle Office, Technology, Product Data Support, Client On boarding Services and global Asset Services Departments The job involves a high degree of daily communication and interaction with internal counter-parties, external custodians/agent banks and external clients



  • Daily reconciliation of control, suspense and bank accounts and daily resolution of reconciling items



  • Maintenance of customer service levels through speedy resolution of queries raised by Prime Brokerage clients



  • Daily allocation of client money



  • Compliance with all relevant Regulatory and BofAML Control Standards and policy requirements



  • To identify changes to processes and procedures that will improve control, efficiency, reduce risk and/or improve client services



  • Participation in user acceptance testing programs new business projects



  • Act as first point of escalation for Client Service Representatives, onshore management and offshore management



  • Team Process Performance on Data



  • Reviewing common workbasket and workflow management



  • Ensuring timely resolutions of Queries/clarifications



  • Managing Team K performance stats



  • Review of Errors to identify process and or training issues and address accordingly



  • Review of Reports and Metrics spreadsheet to identify gaps and address accordingly



  • Review of Escalations and Expedites for due diligence by associates



  • Desired skills




    • Equity or Dividend experience would be very beneficial



    • Knowledge of Banking / Financial services industry



    • Qualification - Graduate/ Post Graduate in Commerce from renewed university



    • Experience Range - 3 to 5 years



    • Shift timings - 0830 AM 2230 PM IST (Mon to Fri)

    ,

    Profile Summary:

    Employment Type : Full Time
    Industry : Banking / Financial Services
    Salary : Not Disclosed
    Deadline : 15th Apr 2020

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