Banking Associate Job Description
Banking Associate Duties & Responsibilities
To write an effective banking associate job description, begin by listing detailed duties, responsibilities and expectations. We have included banking associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Banking Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Banking Associate
List any licenses or certifications required by the position: CTP, PMI, CRCM, CCBCO, AMFI, FEDAI, PMP, SAS, AAP, NSFI
Education for Banking Associate
Typically a job would require a certain level of education.
Employers hiring for the banking associate 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 Banking Associate
Desired skills for banking associate include:
Desired experience for banking associate includes:
Banking Associate Examples
Banking Associate Job Description
- Prepare external client proposals and internal underwriting memos
- Prepare and contribute to the delivery of client presentations
- Aid senior team members with idea generation
- Manage and review the work of analysts
- Develop internal relationships in order to leverage products and services provided by TDBG
- Preparation of investment materials, management presentations, pitch materials, and general client meeting materials
- Transaction execution – distribution of materials, NDA negotiation, data room management
- Public comparable analysis
- Review client account documentation to ensure Internet Banking setups are correctly allocated
- Experience in a law firm or an in-house role at a relevant organisation
- Bachelor’s Degree in Commerce and Business Administration/Finance (or equivalent based on evaluation of academic credentials, training and/or experience) twelve months in job or job related experience to include working within an Investment Banking team specializing in Technology
- Analyzing financial statements financial and business risks of opportunities while crafting appropriate capital structure reflecting those strengths and weaknesses
- Providing financial analysis expertise to corporate finance bankers and product partners
- Suitable combination of education, training and experience is accepted
- Strong quantitative and technical abilities incl
- Canadian Securities Course (CSC) or Investment Funds In Canada (IFIC) is required
Banking Associate Job Description
- Reviews and resolves returned wire payments and failed ACH payments
- Tracks and resolves aged checks
- Manages group mailbox and provides timely response to payment issues
- Utilizes various methods to ensure vendors are on optimum payment channels
- Supports continuous improvement initiatives of the Accounts Payable team
- Acts as a liaison between vendors, banking partners, and outsourced business partners
- Monitors file transfers between SAP and banking partners to identify and resolve issues
- Acts as a back-up to other AP Banking team members
- Completes other tasks, projects, and assignments as needed or directed
- Engage in regularly scheduled portfolio performance review with manager to assess performance against set goals
- Bachelor's degree, preferably majoring in Finance or Accounting
- Strong interpersonal relationship skills are critical and must have solid communication skills and a personal style conducive to building relationships
- Ability to understand complex financial products and desire for significant transaction execution responsibility
- Credit training and lending experience
- Candidate must be a self-starter with exceptional interpersonal skills, and excels in a team environment, on one’s own
- Origination execution experience preferred
Banking Associate Job Description
- Monitor and track officer community involvement
- Provide backup lobby coverage to answer phones and greet customers
- Provide clients with products or services that can meet their needs
- Preliminary analysis, compilation, verification and indexation of the financial information and tax structures required to process customer financing requests, in accordance with standards established by the credit center
- Write and/or verify letters of offer and guarantees (individual and business records)
- Ensure adherence to deadlines (loans, investments, interest income)
- Establish and maintain effective communication with the various stakeholders involved in the files
- Establish a relationship of trust with clients, in concert with the Private Banker
- Acts as a subject matter expert for escalated electronic invoicing issues
- Works directly with vendors to migrate to preferred electronic invoicing methods and to eliminate statements
- Proficient user of PowerPoint required
- Ability to perform multiple tasks concurrently with ease and professionalism preferred
- Ability to work a demanding schedule required
- Highly organized with strong time management skills preferred
- Proactive, strategic and forward thinking preferred
- Flexible and able to travel as needed preferred
Banking Associate Job Description
- Prepare documentation for the opening of all personal, commercial accounts (CEP and credit application) and keep client files up-to-date in accordance with legislated deadlines and adhering to first time right and regulatory requirements
- Conduct in-depth compliance background checks in coordination with the Senior Private Banker, highlighting any risks observed and acting accordingly
- Ensure the smooth management of the administrative operations of the portfolio, highlighting issues and proposing solutions as required
- Conduct cash transactions for clients
- Adhere to the components of the authority card under the risk management guidelines of the business
- Live the bank’s values by embracing an attitude of agility, partnership and empowerment – be open to change
- Maintain an efficient pace and show an acumen for prioritizing workflow in an environment with high volume, quick turn around and flawless execution requirements
- Act as a resource person on the banking team to solve complex problems in a timely manner
- Assist the Senior Private Banker in the activities of client meetings and business development
- You will be an everyday banking expert specialized in delivering the Black Card Experience through high level service and support, transaction excellence, digital education and opportunity spotting
- Preferably with 2 years financial services industry experience but fresh graduates are welcome to apply
- Should understand company financials and have a fair knowledge of the financial market
- Ability to multi-task simultaneous projects and strong project management skills
- Willing to do weekend coverage or at least 1 weekend day coverage
- College degree with an emphasis in Finance or Accounting preferred
- 1-2 years business experience preferred or strong internship experience
Banking Associate Job Description
- Research and assimilate market data related to public and private companies
- Maintain a positive and supportive firm culture, focused on the effective delivery of world-class service to our clients
- Review client account documentation for Commercial Accounts and Cash Management Products
- Ensure Internet Banking setups are correctly allocated and satisfy security measures, compliance and bank regulations
- Provide support to the Cash Management unit regarding ACH and wire inquiries
- Collaborate with internal partners on special projects when needed
- Proactively handle client inquires and questions regarding banking, credit and commercial services
- Prepare accurate documentation for the opening of all personal, commercial accounts, and credit facilities while meeting the strict deadlines for submission
- Keep client files up to date on all platforms in accordance with legislated deadlines and adhering to first time right requirements
- Provide support on complex files, liaising with partners in the bank to ensure regulatory, compliance, administrative, regulatory and credit risk requirements are met (0 losses and 100% first time right)
- Enrolled in a MBA program, graduating in Spring 2018
- Knowledge of capital markets and investment banking products and applicable regulations
- Expertise in financial and computer applications
- Strong work ethic and a high level of professional integrity
- Preferably with 2 years financial services industry experience, however fresh graduates are welcome to apply
- Understanding of company financials and have a fair knowledge of the financial markets