Investments Asset Transfer Processor

About Bank of America

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 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.

The Investments Asset Transfer Processor is responsible for providing business support to Bank of America / Merrill clients and internal partners with incoming and outgoing money and asset transfer requests. This role provides a high level of dedicated support in an effective and efficient manner for the assigned area's internal business partners, associates and clients. Daily responsibilities include document review and processing, email communication to internal partners and outbound calls to client's or contra parties all while, keeping a high risk and fraud prevention mindset to ensure the security of client accounts and to minimize risk/loss to the company.

The role's core responsibilities require strong communication and time management Qualifications, impeccable accuracy, and attention to detail. Additionally, a strong commitment to risk management, customer satisfaction, and professional work ethic is expected. For incomplete transaction requests, resolution is required either via outbound client or company contact or written correspondence, depending on the type of transaction and what information is missing.

This job is responsible for providing quality service and efficient operations support for the assigned areas, internal business partners, and external customers and clients. Key responsibilities include handling routine and standard transactions according to established procedures and prescribed processes in support of Merrill. Job expectations include referring more complex problems to management.

• Handling routine and standard transactions according to established procedures and prescribed processes in support of Merrill.
• Refer more complex problems to management.
• Processes transactions according to established procedures and prescribed processes.
• Demonstrates operational discipline while handling routine and standard operational functions.
• Covers one or more operations functional areas, such as analyses, report generation, opening new accounts, trade processing, payment processing, and data entry.
• Assists with phone calls, email boxes, and processing queues.

• Problem solving and decision making.
• Ability to think analytically and effectively manage risk using strong research.
• Qualifications, applying best practices and leveraging past experiences to resolve problems.
• Initiative: willingness and ability to play an active role in identifying and implementing process improvements as well as a willingness to help others.
• Strong ownership and resolution.
• Good organizational and time management.
• Provide top-level service support and education to clients and partners through different means of communication.
• Detail oriented-must be able to complete tasks with minimal errors.
• Demonstrate a cooperative, professional, and positive work demeanor.
• Exceptional critical thinking / problem solving.
• Qualifications to immediately address escalated client issues.

• Operations processing experience.
• Customer Service experience.
• Experience with money movement transactions.
• Ability to multi-task.
• Highly motivated self-starter who can set goals and accomplish tasks with minimal supervision.
• Able to adapt to changing environment while meeting metric requirements.
• Apply sound judgment in making decisions.

• Account Management.
• Adaptability.
• Customer and Client Focus.
• Data Collection and Entry.
• Process Effectiveness.
• Active Listening.
• Continuous Improvement.
• Customer Service…