
Company: Bank of America (BA Continuum India Pvt. Ltd.)
Location: Chennai, India
Experience: 0 – 3 years
Qualification: Graduate (Commerce preferred)
Job Role: Team Member – R
Work Mode: Office
Shift Timings: 05:30 PM – 02:30 AM / 06:30 PM – 03:30 AM / 07:30 PM – 04:30 AM IST
About Bank of America
Bank of America is one of the world’s leading financial institutions, guided by the mission to improve financial lives through the power of every connection. The company values diversity, innovation, and responsible growth, creating opportunities for individuals to learn, grow, and make an impact globally.
The India operations function under BA Continuum India Pvt. Ltd., a wholly-owned subsidiary of Bank of America, providing Global Business Services (GBS) with world-class technology and operational capabilities.
About the Role – Team Member (Asset Transition Services)
The Asset Transition Services team is responsible for handling ACAT and non-ACAT transfers, ensuring timely asset delivery, and maintaining compliance with FINRA regulations. This role involves coordination across departments to minimize risk, process Abandoned Property accounts, and manage client asset transitions.
You will play a key part in ensuring seamless client servicing, process accuracy, and risk mitigation.
Key Responsibilities
- Approve, initiate, and follow up on asset transfers (ACAT & non-ACAT).
- Review and process Abandoned Account forms for reinstatement or liquidation.
- Communicate effectively with Line of Business (LOB), Branch Offices, and clients.
- Ensure compliance with Global Reconciliation Governance (GRG) policies.
- Identify and escalate control issues or process improvement opportunities.
- Deliver a high level of service quality and client satisfaction.
- Work efficiently under pressure with multiple priorities.
Required Qualifications
- Education: Graduate (Commerce stream preferred).
- Experience: 0 – 36 months (Freshers can apply).
- Skills:
- Strong communication (verbal & written).
- Basic knowledge of finance, mutual funds, and securities.
- Proficiency in MS Excel.
- Ability to work night shifts.
Work Timings
- 05:30 PM – 02:30 AM IST
- 06:30 PM – 03:30 AM IST
- 07:30 PM – 04:30 AM IST
Why Join Bank of America?
- Opportunity to work with a global financial leader.
- Great platform to build a career in finance and operations.
- Inclusive and diverse work culture.
- Comprehensive training and skill development support.
- Competitive salary with benefits.
How to Apply
Interested candidates can apply directly through the official Bank of America Careers Portal:
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