Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Cash Management Service (CMS) team is responsible to process cash transaction settlement for GBAM business in BofASJ entity, also to monitor the actual cash settlement within each agent bank nostro and make a funding to have proper balance in the bank accounts for BofASJ entity. CMS is always next to the asset transfer risk (cash payment), and is required to pay attention to their process deeply to avoid any enterprise risk like financial loss, regulatory, reputation etc.
Responsibilities:
- Responsible for the daily management of cash payment, balance monitoring across the line of multiple product/business
- Perform day to day on settlement calculate funding estimation based on cash projection
- Contribute to actualize stable operation of effective intraday funding mechanism for the firm’s intraday liquidity risk management
- Generate internal monitoring reports of intraday nostro balance and cash projection that are submitted to Treasury desk
- Participate in various local/global projects including audit/risk assessments, new business, system enhancements and market rule/regulatory changes
Requirements:
- Leadership/People management skill is preferred for team leader role
- Experience of funding management and payment processing will be an advantage (ex. Swift messaging, Zengin system, BOJ-Net etc)
- Control mind-set with attention to details of visible and potential risk
- Strong communication and interpersonal skills with all levels of internal and external parties
- Coordination - Ability to build relationships and work with cross-functional teams
- Ability to work under pressure and prioritize multiple tasks
- Strong analytical and problem-solving skills
- Self-motivated and highly ambitious for professional development
- Team work spirit – willingness to participate as a full member of team
- Risk Management - able to think from enterprise standpoint as well as surrounding regulations
- Language requirement: Japanese – native level, English – business level
- Good knowledge of MS Office Products (Word, Excel, PowerPoint, others)
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
