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Job Description
What role you will play in team: You will support the Cash Management team in managing the bank's daily cash flow and liquidity.
What you will do: You will process transactions, reconcile accounts, and prepare reports.
Key responsibility:
- Process high-volume cash transactions.
- Reconcile bank accounts and identify discrepancies.
- Prepare daily and monthly cash flow reports.
- Monitor cash balances and ensure sufficient liquidity.
- Support the implementation of new cash management systems.
- Collaborate with other departments to ensure efficient cash flow.
Required Qualification and Skills:
- Bachelor's degree in Finance, Accounting, or a related field.
- Experience with cash management operations.
- Strong attention to detail and accuracy.
- Proficiency in Microsoft Excel and other financial software.
- Excellent communication and interpersonal skills.
- Understanding of banking regulations.
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Benefits Included:
- Competitive salary and benefits.
- Opportunities for professional development.
- Positive and collaborative work environment.
- Opportunities for growth and advancement.
- Extensive training and development opportunities
A Day in the Life: A typical day involves processing cash transactions, reconciling accounts, preparing reports, and ensuring efficient cash flow management.
Skills
Cash ManagementTransaction ProcessingBank ReconciliationFinancial ReportingLiquidity ManagementData AnalysisIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
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 risk management products. Headquartered in Charlotte, North Carolina, the bank operates in more than 35 countries and provides access to over 140 currencies.
In 2008, Bank of America acquired Merrill Lynch, one of the most respected names in investment banking and wealth management. Following the acquisition, the investment banking and markets division operated as Bank of America Merrill Lynch (BAML) until 2019, when it was rebranded as BofA Securities, while the wealth management business continues under the Merrill brand. This integration strengthened the bank’s global presence in capital markets, advisory, and private wealth.
In India, Bank of America has been present since 1964, with branches in Mumbai, New Delhi, Chennai, Bengaluru, and Kolkata, and large Global Capability Centers in Gurugram, Hyderabad, Chennai, and Mumbai. The India teams deliver corporate & investment banking, markets, treasury, and technology solutions to clients worldwide, while also supporting the bank’s global operations.
Bank of America offers career opportunities in finance, technology, operations, risk, and analytics, attracting professionals who value innovation, client focus, and global collaboration. The firm is recognised for its sustainability initiatives, diversity & inclusion programs, and community engagement in India.
Important dates & deadlines?
Application Deadline
28 Jun 25, 11:52 AM IST
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Cash Management Associate
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