Banking Advisory Associate at Accenture

Chennai, Tamil Nadu, India

Accenture Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • MCom or Master of Business Administration
  • 1 to 3 years of experience
  • Skill in Com.Bkg - Loan/Lease Abstraction - Lease Management
  • Expertise in Lease administration to manage complex deals
  • Availability to work in rotational shifts

Responsibilities

  • Solve routine problems largely through precedent and referral to general guidelines
  • Interact within own team and with direct supervisor
  • Follow detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments
  • Make decisions that impact own work
  • Work as an individual contributor as part of a team with a predetermined, focused scope of work
  • Help clients address quality and productivity issues, keep pace with customer expectations, navigate regulatory and operational pressures, and ensure business sustainability by transforming banking operations
  • Assist in processing trade finance transactions by providing superior service delivery to trade customers while safeguarding the bank from risks
  • Oversee end-to-end IFRS and U.S. GAAP compliance in financial reporting of leases
  • Manage all aspects of the lease agreement process, from coordinating creation of new leases to day-to-day administrative tasks
  • Oversee administration, tracking, and auditing of lease documents
  • Monitor business and financial transactions for lease properties

Skills

Key technologies and capabilities for this role

Loan AbstractionLease ManagementIFRSU.S. GAAPLease AdministrationTrade FinanceCorporate BankingWholesale Banking

Questions & Answers

Common questions about this position

What qualifications are required for the Banking Advisory Associate role?

Candidates need an MCom or Master of Business Administration, along with 1 to 3 years of experience.

What is the salary range for this position?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What does the work environment look like for this role?

You will work as an individual contributor within a team, solving routine problems through precedent and guidelines, interacting mainly with your team and direct supervisor, and receiving detailed instructions on tasks.

Does this role involve shift work?

Yes, this role may require you to work in rotational shifts.

What skills and expertise are needed for this position?

Expertise in Lease Management, specifically Com.Bkg- Loan/Lease Abstraction, and the ability to manage complex deals in lease administration for IFRS and U.S. GAAP compliance.

What makes a strong candidate for this Banking Advisory Associate role?

A strong candidate will have 1-3 years of experience as a lease administration expert capable of managing complex deals, with an MCom or MBA qualification.

Accenture

Global professional services for digital transformation

About Accenture

Accenture provides a wide range of professional services, including strategy and consulting, technology, and operations, to help organizations improve their performance. Their services assist clients in navigating digital transformation, enhancing operational efficiency, and achieving sustainable growth. Accenture's offerings include cloud migration, cybersecurity, artificial intelligence, and data analytics, which are tailored to meet the needs of various industries such as financial services, healthcare, and retail. What sets Accenture apart from its competitors is its extensive industry knowledge and ability to deliver comprehensive solutions that address both immediate challenges and long-term goals. The company's aim is to support clients in reducing their environmental impact while driving innovation and growth.

Dublin, IrelandHeadquarters
1989Year Founded
$8.5MTotal Funding
IPOCompany Stage
Consulting, Enterprise Software, CybersecurityIndustries
10,001+Employees

Risks

Rapid AI advancements may outpace Accenture's current capabilities, risking competitive disadvantages.
Integration challenges from multiple acquisitions could affect Accenture's operational efficiency.
The rise of AI-driven startups may disrupt Accenture's market share in customer service solutions.

Differentiation

Accenture's acquisitions enhance its capabilities in digital twin technology for financial services.
The company is expanding its expertise in net-zero infrastructure through strategic acquisitions.
Accenture's focus on software-defined vehicles positions it as a leader in automotive innovation.

Upsides

Accenture's investment in EMTECH supports central bank modernization amid digital currency evolution.
The acquisition of Award Solutions boosts Accenture's presence in the growing 5G and IoT markets.
Accenture's strategic acquisitions align with high-growth markets like digital twins and net-zero projects.

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