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Bank of America
Hong Kong
(on-site)
Posted
9 days ago
Bank of America
Hong Kong
(on-site)
Job Function
Financial Services
Associate/Vice President, Treasury Product Manager (Banknotes), Global Transaction Services (Hong Kong)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Associate/Vice President, Treasury Product Manager (Banknotes), Global Transaction Services (Hong Kong)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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. Join us!
Job Description:
- Buy and sell foreign currency banknotes in accordance with business objectives, client needs and established limits for APAC-based institutional clients.
- Maintain existing banknote client relationships by quoting and booking Banknote transactions, answering incoming client calls and addressing client inquiries.
- Responsible for a portfolio of clients in the region, and must have an end-to-end understanding of each client's banknote activity.
- Support inventory management activity for the region.
- Work with the Regional Product Head, team-mates and business partners such as Sales, Credit, Compliance and Operations in managing client relationships, business development and process improvements.
- Attend key client meetings and support the Regional Product Head in analyzing client needs, promoting effective banknote solutions, and identifying cross-sell opportunities.
- Utilize technical knowledge to run pricing/cost benefit models and execute on pricing and expense management initiatives.
- Understand and apply the bank's risk framework when dealing with clients.
- Liaise with transportation agents to coordinate shipments to and from clients and partners regionally and globally.
- Collaborate with vault and operations personnel to facilitate end-to-end delivery in the most efficient manner.
- Conduct internal and external product presentations, and act as product representative in discussions with stakeholders and clients.
Requirements:
- Bachelor's degree preferably in Finance.
- Minimum 3-5 years' working experience, preferably in a similar role.
- Good understanding of the international wholesale banknote and FX markets.
- Willing to cover Australia/New Zealand trading hours if assigned by desk head.
- Excellent written and oral communication skills in English. Ability to communicate verbally in Cantonese desired.
- Good practical knowledge of Excel and macros. Programming knowledge (Python etc) a plus.
- Ability to function effectively in a fast-paced environment as a team player or individual contributor.
Job ID: 86156882
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