AVP, Markets Support Specialist (Cash Management), Japan, Global Markets Operations
Bank of America
AVP, Markets Support Specialist (Cash Management), Japan, Global Markets Operations
Tokyo, Japan
**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
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
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