Job Description:

Job Description

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

 Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

The process involves working claims on behalf of consumer Debit card holders.  The team works on the Debit card transactions which were disputed by BOA customer; setting-up the claims, providing TSP, applicable Fees remediation, indexing of documents received from Merchants/Customers and completing all possible recovery & exception processes. This work does not involve interface with the customer.

Job Description*

Individual will be responsible for managing a large team size and establish a team environment with an open communication culture, driving OPEX culture (via improvement projects and automation) & ensuring support delivery to all stake partners. They need to demonstrate adherence to policies, processes, guidelines and applicable regulatory requirements.

Responsibilities*

Adherence to the SLA’s – productivity, turn-around-time, and accuracyEngage in improving processes through reengineering, system checks, process automationEnsure timely and accurate dissemination of information to relevant stakeholdersShould be capable of devising innovative solutions and have the drive to enforce change.Monitoring the overall functioning of processes, identifying improvement areas and implementing adequate measures to maximize customer satisfactionUnderstanding of Consumer product regulation and lawsEffective communication with various business partners and stakeholdersMaking recommendations for process improvements, demonstrating regular audits and necessary amendmentsHold regular team meetings with Team Members to ensure that there is constant flow of information and knowledge dissemination –query logs, issue resolutionDevelop & implement Forecasting & Staffing ModelAssist new hires such that they are productive on the floor in the shortest possible time frame.Performance Management of the teamDrive Opex Mindset – Continuous Improvement

Requirements*

Education: Graduate (Any stream)

Experience Range*

6 to 8 years of People Manager ExperienceMin 12 years of overall experience in Bank end/BPO environment

 Foundational skills*

Intermediate MS Excel  and MS PowerpointPeople Management Skills – Managing minimum team size of 40 associatesIndustry – BFSI/Consumer & Retail Banking backgroundDynamic, high energy, strong work ethic, willing to take on new initiatives some of which may initially lack definitionAbility to think laterally and identify several possible solutions to problemsAble to excel and influence in a cross-functional team structureExcellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprintDriven to learn and develop new skillsSelf-motivated and independent having an excellent control mindsetAbility to effectively manage multiple priorities and deliver as well as being able to adapt to changesAble to work in a fast paced, deadline oriented environmentHigh level of ownership and attention to detailAbility to apply sound judgment, provide effective challenge and display confidence to challenge

Desired skills

Basic Analytical SkillsKnowledge of Six Sigma Green BeltBasic understanding of evolving technologyKnowledge of Fraud / Claims Operations

Work Timings*

11.00am to 8.00pm (IST) - Flexible Timing based on business requirement

Job Location*

Chennai