Job Description:

Job Title: Balance & Account Management Specialist

Corporate Title: VP

Location: Chester

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location: Chester

Be part of something special at Bank of America Chester. Part of a leading global financial institution, we are looking for high potential individuals to join us in driving our people forward. Bank of America Chester is an exciting, diverse workplace where we are committed to delivering a great client experience to the businesses and individuals who call Chester home. Join our team today and find a rewarding, global career.

Role Description:

Are you analytical? Do you like working in a team and building strong relationships? Do you have a curious mind? If so, you would fit right into the Global Currency, Commodities and Derivatives Operations Balance and Account Management team.

Right now, we are looking for someone smart to join the team. We focus on effective bank balance management, support the set-up of new bank accounts, and provide support to key stakeholders. This is an excellent opportunity for a highly motivated individual to be part of a growing and evolving business. You will be able to apply critical thinking and an investigative mind set to review and remediate issues. This role offers a high level of visibility as you will work with a number of other internal teams to provide seamless delivery and support to a range of stakeholders. We’re a global team, with a presence in EMEA, APAC and AMRS.

Responsibilities Include:

Resolution of exceptions and escalation to ensure balance management monitoring processes are completed timely each dayLiaising with internal stakeholders to ensure timely completion of actions to resolve exceptions throughout market cut-offsCompletion of supervisory checks and approvals on key process controlsEscalation contacts for external agent banksInvestigation of root cause of overdrawn bank accounts identifying process improvement opportunitiesActive involvement in the bank account maintenance, opening and closing processes                                                                                            Contribute to the global Balance & Account Management strategy & initiatives, partnering with the wider global teamChallenging the team’s processes and generating ideas to improve how we do things

What we are looking for:

Analytical skills including data reconciliation and interpretation Excellent organizational skills - ability to switch between tasks and to prioritize work effectively  Good Communication skills - ability to run effective meetings and engage knowledgably and confidently with different stakeholders across the organization, building strong relationships with both internal and external clientsHolds self and others accountable for high performance standardsLogical approach to problem solving and a hunger for process improvement Excellent attention to detail and accuracyGood sense of judgment, knows when to escalate and how to manage senior management expectationsThrives in a team based environment working toward common goals, while having fun along the way

Benefits of working at Bank of America
UK

Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partnerCompetitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annumThe ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etcUse of a flex fund to use towards benefitsAccess to an emotional wellbeing helpline, mental health first aiders and virtual GP servicesAbility to donate to charities of your choice directly through payroll and the bank will match your contributionOpportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutionsOpportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.