Assistant Vice President, Cash Management Services

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

As point person for all Treasury functions and service levels across both the Dealer and the Bank, you will manage a team that supports FX, associated collateral, payments and time deposits. Manage training and coverage, plus day to day operations inlcuding controls, risk mitigation and process improvements. Managing this team and reporting to the Department manager with expectations to grow across the platform as Organization changes are made.

Responsibilities

• Providing transaction support for Treasury to reduce risk and timing delays on Cash payments & FX
• Providing settlement support of BA's, Time Deposits and Collateral trades
• Timely Bank breaks & investigations
• Performing functions such as: Bank reconciliations, Setup and authorisation of banks for various business lines, Trade check out, adjustments and settlement resolution
• Analyzing trade processing opportunities for improved STP
• Proactively managing breaks, trading and departmental inquiries, as well as improving overall relationships
• Perform processing of Events, reconciliations, notifications and cash flows

• Minimum 5 years of relevant experience, 10 + years preferred
• Bachelor degree or substantially equivalent experience
• Brokerage and industry experience across multiple functions with progression.
• Supervisory experience required
• Canadian Securities Course or other applicable courses
• Proven organizational and time management skills
• Ability to work in a fast paced, deadline-oriented environment
• Strong interpersonal skills to manage your relationships within custodian, and internal & external clients
• Excellent communication skills, verbal and written
• Demonstrated success individually and through a team.
• Ability to work collaboratively on projects and well as independently
• Ability to work flexible hours