Team member

Bank of America
0-2 Yrs
Not Disclosed By Recruiter
B. Com / MBA (Finance)
confident written and oral communication skills

Posted By : Awadhesh Kumar, 12/19/2014

Job Description

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

The main duties of Team member are as follows:

  • Accurately reconcile various General Ledger, stock, Intercompany, Cash, Position & NOSTRO accounts on a daily/weekly/monthly basis in accordance with established procedures and time frames, utilizing the Reconciliation system to balance the accounts.
  • Research and assist operating areas with resolving all open items, escalating any aged items to the concerned business unit.
  • Process journal entries to various accounts when needed.
  • Participate in weekly and monthly reporting that is sent to Regulatory Reporting


  • The associate will perform the following functions:
  • GL, stock, Cash, Position, Intercompany and NOSTRO reconciliations
  • Exception identification & reporting
  • Weekly/Monthly reports
  • Preparation of daily/weekly/monthly reconciliations
  • Balancing
  • Reporting
  • Balance sheet netting calculations
  • Regulatory report compilations
  • Trading inventory maintenance
  • Balance sheet substantiation
  • Research, root cause analysis and resolution of exceptions

Required Skills :

  • 0-1 yr of experience in reconciliation
  • Clear and confident written and oral communication skills for dealing with internal stakeholders and external clients.

Click Here to More Details & Apply

Industry :


Job Function :

Team member

Employment Type :

Full Time

Other Skills :

confident written and oral communication skills

Recruiter Details

Company Name :

Bank of America

Company Address :


Click here to see Contact Details

Similar Jobs