Mail notifications in Backup Exec 2014

Hello Team,

Recently we have implemented Backup Exec 2014 for our backup solution. The software is running on a Windows Server 2012 R2.  

I need to configure the mail/alert notifications about the job's status.

I have created a separate mail ID for this from our Office 365 account.  Now, I went in and configured the server as smtp.office365.com with port 587 and given the credentials.

But I am not receiving any alerts for any job's status.  I checked the server's firewall also and the Symantec alert server is enabled and not restricted.

Could any one please tell me how to configure the mail to receive alerts.

Thank You