Banknote Account Manager

Overview
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 other financial and risk-management products and services. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world.

Bank of America Merrill Lynch Global Wholesale Banknotes as part of the Financial Institutions Treasury group, buys and sells all tradable world currencies and provides related banknotes services. We offer our Global Wholesale Banknote Services to financial institutions and large corporate clients that deal with foreign banknotes as a normal course of business (eg. Casinos, Cruise lines, theme parks and tourist attractions). Bank of America Merrill Lynch is the world’s leading provider of global banknote services to financial institutions.

The Global Wholesale Banknotes team is looking for a Banknote Account Manager on a Full Time basis in Toronto


Responsibilities

Independently buys and sells (trades) foreign banknotes in accordance with business objectives, client needs and trading limits for Latin America based clients
Support the Global Banknotes team in the maintenance and growth of business in a fast paced, collaborative environment
Manage a client portfolio and revenue budget
Identify and develop new business opportunities within assigned portfolio
Works with Sales to close new business opportunities identified by them
Works with Global Banknotes Team to analyze economic and market indicators, to project future banknote market dynamics and to determine positioning with clients
Assist Clients with developing effective solutions for their banknotes needs
Liaise with transportation agents to coordinate shipments
Liaise with vault and operations’ personnel to facilitate prompt currency delivery
Generate reports, analyze data and identify solutions
Requires flexibility as banknote trading desk is staffed from 0800 to 2000 on all weekdays including Canadian public holidays


Requirements

Strong knowledge of foreign currency banknotes and foreign exchange including trading strategies, pricing, market characteristics and transportation logistics
Proficiency in written and spoken Portuguese and Spanish is a requirement for this position
Proficiency in French would be an aset
University Degree in Finance or Economics
Team player that lives the Bank’s Values: Doing the Right Thing, Trusting and Teamwork, Inclusive Meritocracy, Winning, Leadership
Ability to work under pressure with a strong client service focus
Strong analytical skills and highly developed communication skills both written and verbal
Advanced computer skills, particularly in Microsoft Word, Excel and Web technology
Strong attention to detail, quick learner, superior organizational and task management skills Aggressive, sense of urgency, flexible and adaptable to frequent and rapid change, conceptual thinker


Additional Website Text
What Bank of America Merrill Lynch Offers
Bank of America Merrill Lynch embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value for our clients, our shareholders and our employees.
Bank of America Merrill Lynch places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America Merrill Lynch is an Equal Opportunity Employer.
Bank of America Merrill Lynch encourages applications from all qualified individuals. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.

To apply: http://careers.bankofamerica.com/JobDetails.aspx?SearchPage=ASP&CountryId=2&JobId=TOR00109&stateid=&cityid=&travel=&jfamily=Relationship%20Management&lang=&fullpart=&shift=&datepost=&keywords=&jobareas=&feedname=BOAFeedCanada&BOAFeedName=&jobfamilyid=-1&internationalcity=All%20cities&LocationID=23