Associate, Banking Job Description
Associate, Banking Duties & Responsibilities
To write an effective associate, banking job description, begin by listing detailed duties, responsibilities and expectations. We have included associate, banking job description templates that you can modify and use.
Sample responsibilities for this position include:
Associate, Banking Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Associate, Banking
List any licenses or certifications required by the position: CTP, PMI, CRCM, CCBCO, AMFI, FEDAI, PMP, SAS, AAP, NSFI
Education for Associate, Banking
Typically a job would require a certain level of education.
Employers hiring for the associate, banking job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Accounting, Business, Economics, MBA, Business/Administration, Associates, Education, Graduate, Law
Skills for Associate, Banking
Desired skills for associate, banking include:
Desired experience for associate, banking includes:
Associate, Banking Examples
Associate, Banking Job Description
- Liaise with back office functions connected to, for examples, wires, payments, settlements
- Of multiple client exposures and their performance in a proactive and independent manner
- Be exposed to the syndicated loan markets
- Help cover the firm’s existing bank loan portfolio to address client needs and conduct portfolio analysis
- The position requires a bright and dynamic professional to work in strong partnership with coverage, product and credit teams
- Utilize technology (Financial Literacy, Family Snapshot, Sales Pipeline, ) to maintain data integrity, documenting all relevant client sales and service contacts and results
- Assists in planning the approach and writing sections of the selling document, including the outline, format and presentation
- Acts as a point person for information requests from client
- Research and analyze clients' financial situations, industry and market data, identify, research and analyze merger and acquisition opportunities
- Develop valuation models of individual private and public companies, merged entities
- Fluency (written and spoken) in English, Cantonese and Mandarin
- Work closely with the Director and the Banking team in order to implement client plans and bring on new client relationships that are targeted to meet revenue hurdles
- Communicate with internal product specialists including Treasury, Derivatives, Capital Finance, PCM
- Minimum of four years proven and progressive business development and credit experience or equivalent, including proven sales success in developing client relationships and/or credit analysis
- B Com., MBA or CFA or combination thereof
- Credit & lending training or equivalent experience
Associate, Banking Job Description
- Develop quantitative institutional behavior models for corporate finance groups
- Interact with clients proactively to drive up levels of client satisfaction
- Assist in ad hoc projects relating to accounts/clients or proprietary database/research, and when needed or assigned by the TR On Demand Management or global counterparts
- Take effort in developing areas for improvement such as training on internal database and interacting with global counterparts
- Keep tabs of all due dates, as agreed with Account Managers/Sales/clients and inform the Senior Analyst or Team Manager of the same
- Take full responsibility for billing of own work
- Proactively drive up levels of revenue
- Reviews and approves payment action forms and stop payment requests
- Validates and prepares paper checks for delivery
- Reconciles HR check runs and communicates any discrepancies
- Fluency (written and verbal) in Mandarin
- Completion of CSC (Canadian Securities Course)
- Strong sales, organizational, analytical, communications and credit skills
- Excellent written, communication and interpersonal skills, both in French and in English
- Knowledgeable in the principles of finance and the financial markets
- Thorough understanding of derivative products in relation to their credit risk
Associate, Banking Job Description
- Creates and provides market research and materials about PMCF
- Support senior bankers in day-to-day deal execution and new business development
- Lead/participate in calls and meetings with existing and prospective clients
- In-depth analysis of client’s financial and operating performance and ability to articulate the results in a digestible manner to prospective buyers
- Develop detailed financial models based on client/engagement requirements
- Facilitate due diligence to satisfy buyer requests and advance deals to a successful close
- Develop pitch presentations for new business opportunities
- Provide credit support to the St
- Prepare top sheets, feasibility analysis and cashflow analysis for commercial relationships below KC Business Banking Committee levels
- Review donation requests, research previous donations, existing business, and make recommendation to Market Donation Review Committee
- CFP or other industry designation
- Other Microsoft Office products and the Internet
- Bachelor's degree (business or engineering major preferred)
- 2 years analytical experience in project finance / investment banking
- Organized and task-focused
- Bachelor’s degree required, preferably in Finance or Accounting, with a strong academic track record
Associate, Banking Job Description
- Works with vendors to recover aged debits deemed uncollectible by outsourced provider
- Audits outsourced provider work streams to ensure speed, accuracy, and a well-controlled process is in place
- Acts as an escalation contact for resolution of vendor aged checks
- Manages paper check & envelope stock inventory for AP
- Reviews & submits APEX recovery audit credits, processes vendor refund checks, researches & follows-up to problem-solve & identify potential improvement opportunity areas
- Completes annual 1099 and 1042 filing
- Supports continuous improvement initiatives of the GBS P2P team
- Acts as an escalation point for file transfer issues between SAP and banking partners
- Acts as a back-up to other P2P team members
- Working on lending, letter of credit, and other transactions for financial institutions
- Minimum of 2 years experience in investment banking or corporate banking required
- Must have strong verbal and written English communication skills ability to communicate effectively required
- Relevant certifications (CPA, Series 7 or Series 79) preferred, but not required
- Strong analytical skills with the ability to assess and analyze levers of performance and financial impact of proposed initiatives to recommend appropriate action preferred
- Strong financial modeling skills highly preferred
- Must be highly motivated with a strong desire to be the “best of the best”
Associate, Banking Job Description
- Resolve client concerns at first point of contact in a highly professional, timely and accurate manner
- Act as the primary support for the day to day banking solutions for Private Banking clients, and serve a variety of client needs to ensure their uninterrupted access to the best possible services
- Introduce or transition clients to “home of best fit” with partners (Specialized Sales Force, Small Business, Personal, Business Banking) by sharing their value propositions, proactively booking appointments and making referrals
- Assist Private Banker in acquiring new high net worth households and growing existing long-term profitable relationships
- Support new client acquisition by participating in branch and community events, out of branch activities, and soliciting new-client referrals from existing clients
- Responsible for client on-boarding by ensuring the integrity of collected information, clearly documenting applications/forms and minimizing “out of orders” by getting it right the first time
- Assist in the correction of "out of order" files such as on boarding, management fees & expired credit
- Work closely with senior bankers and client management teams on engagements related to mergers and acquisition advisory services, capital formation and other strategic advisory work
- Support the development of qualitative and quantitative analyses and presentation materials
- Construct and maintain financial models for M&A and financing scenarios
- At least 4 years of experience in architecting application services and consultative solutions relevant to today’s Banking industry (e.g., Mobile, Digital, Web services, Cloud)
- At least 4 years of experience in leading account and solution teams from a technical, design, and process perspective
- Experience with Internet Banking, business accounts, client documentation strongly preferred
- Prior completion of corporate credit training program, knowledge of capital markets
- Associates are expected to obtain the Series 79 & 63 licenses within six months of employment
- Familiarity with Microsoft applications and SAP