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 DescriptionThe Reconciliation team completes daily reconciliation of Global Bulk Payment and Wholesale Banknote Nostro accounts including funding of a sub set of accounts along with Visa integrated virtual account reconciliation. Conduct outreach to nostro accounts held globally for investigations related to debits/credits on the account for additional information, as required. Prepare GL entries, as required. Support Wholesale Banknote daily funding analysis reports. Position supports any ad hoc requests related to the accounts and monitoring of aging per GRG policies and procedures.Reconcile Canada Branch Nostro accounts, aging transactions, certificaiton of account balances, preparing swift messages and other PNL, funding reports, and preparing daily/monthly reports including ahoc requests. This job is responsible for analyzing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include building new procedures, completing complex non-routine analytics, creating reports, and reviewing exception testing and processing. Job expectations include supporting continuous improvement of processes by identifying trends and understanding the operations environment.QualificationsPrepare the daily P&L and Due From Limit reportsPrepare and investigate the daily GFX variances and balancing reportsHandle the daily bank account reconciliationEnsure assigned online support cases are completedInvestigate and resolve outstanding items in a timely manner, adhering to policies and proceduresCertify accounts on Frontier monthlyPrepare monthly Revenue Payback and FATCA remittanceEnsure quality service and effective and efficient operations support for internal business partners and external customersPrioritize daily tasks to ensure deadlines and deliverables are metIdentify and implement process improvementsProvide support to other departments and traders on reconciliation-related inquiriesSupports the manager in documentation, implementation and mentoring of new processRepresenting department manager on meetings & projects during absencesAct as a back up during team member's absencePerform audit walkthroughs and gathering of data and/or documents to support audit requests (internal/external)Perform other duties as assignedQualificationsExperience in bank account reconciliationExperience with AS400/Global Bulk system an assetAccounting background requiredSolid computer skills including Excel and strong analytical skillsAbility to work independently with minimal supervision; team playerAbility to meet established deadlines in a fast paced environmentCommitment to teamworkDemonstrated working knowledge of processes and proceduresExcellent organizational skillsStrong attention to detail and accuracyAvailability to work shifts and statutory holidays if requiredWhat Bank of America OffersBank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.Bank of America is an Equal Opportunity EmployerBank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.
