Description

Job Description:

About Us*

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services*

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

Collateral Booking function handles the stage of Life of Loan from booking to input of collateral securing that loan.

Job Description*

Collateral Booking function handles the stage of Life of Loan from booking to input of collateral securing that loan. The loan package is received from Financial Booking team, collateral is booked, and exception information is noted on the System of Record for informational, reporting and tracking purposes. Accurate input is critical to assessing risk levels of the loan portfolio.

Responsibilities*

• Ensure that the transactions are processed as per procedures and accurately
• Responsible for ensuring that tasks are completed within the defined SLAs
• Meeting all the applicable KPIs for the business

Requirements*

Education: Graduation (B. Com preferred)

Certifications If Any: Certifications If Any

Foundational skills*

• Understanding on Collateral & Uniform Commercial Code
• Ability to understand Loan Documents e.g. CAM / Loan Agreement/ Security agreement
• Good communication skills
• Excellent time management skills
• Adherence to SLA's - Turn-around-time and Accuracy
• Excellent interpersonal skills; positive attitude; team player; flexible
• Willingness to learn and adapt to changes
• Ability to work independently and self-manage
• Proficient with MS Office tools

Desired skills*

Collateral Knowledge

Work Timings•

11:30 - 20:30

Job Location*

Gandhinagar