• Job Description

  Req#: 24044180

  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. 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!

  JOB DESCRIPTION:
  

  Desired Hard Skills:

  Technical skill sets that an individual can possess and demonstrate in a measured way

  · Working knowledge of Bank of America's Reconciliation Policy, Bank Account Policy, and Account Reconciliation Standard

  · Experience with account systems such as Frontier, eLedger/SAP, IMPACS, Oracle, IDS, GBS, and BIS

  · Experience in database applications such as Excel, Monarch, and Tableau

  · Reconciliation experience in partnership with GIRC (Global Internal Reconciliation Control)

  · Degree in Finance, Accounting, or equivalent experience

  · Multilingual verbal and written communication

  Desired Soft Skills:

  Personal attributes that enable an individual to interact effectively and harmoniously with others.

  · Confident in communicating finance and accounting concepts.

  · Uses positive approach when communicating and collaborating with multiple levels of personnel across the organization to achieve common goals,

  · Leads by example through their professionalism and strong work ethic.

  · Confident in self-knowledge and applies critical thinking and problem-solving skills to get the job done

  · Able to work independently with minimal direction, comfortable with making decisions, and knowing when it is appropriate to escalate.

  · Able to explain complex concepts in understandable terms.

  Responsibilities:

  · Oversee reconciliation functions across the Global Treasury & Merchant Operations organization by collaborating with subject matter experts.

  · Evaluate data to help identify, track, and report issues for remediation.

  · Complete accurate and timely monthly reporting routines.

  · Provide support across the organization by participating routine and ad-hoc meetings that align to global work hours.

  · Utilizes the Altair Monarch Desktop application to maintain data reporting tools.

  · Provide analytical support on accounting and reconciliation strategies.

  · Facilitate the execution of action plans to remediate gaps in existing reconciliation routines.

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - CT - Farmington - 70 Batterson Park Rd (CT2515), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - MD - Frederick - 2401 OSPREY WAY - MARKET SQUARE BC (MD4794)

  Pay and benefits information

  Pay range

  $70,000.00 - $118,900.00 annualized salary, offers to be determined based on experience, education and skill set.

  Discretionary incentive eligible

  This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

  Benefits

  This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, 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.

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