Team Leader

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*

Process begins by focusing on reducing loss exposure by reviewing events that are determined to be risky to the Bank or our customers. Fraud analyst perform reviews of events that are alerted into queues based on rules created by our Strategies partners. Process ends when the event is either confirmed valid or confirmed fraud and remediation steps are completed, including when applicable beginning the claims process. Process also classifies losses incurred to the bank through overdrawn account and check fraud claims between policy & performance.

Job Description*

Team Leader/Assistant Manager would be responsible to lead a minimum HC of 15-20 FTEs with the focus to generate operational efficiency and achieve business goals along with employee development and growth. This role requires to collaborate horizontally and vertically to support strategic decision of the business.

Responsibilities*

• Team Leader/Assistant Manager– Supervisor. Managing head count of 20 FTEs associates, whose Key responsibility resolves around meeting critical deadlines as per Compliance criteria
• Adherence to the SLA’s – productivity, turn-around-time, and accuracy
• Provide appropriate coaching and feedback to help the associate come up the learning curve
• Outlier management
• Engage in improving processes through reengineering, system checks, process automation
• Periodical sample quality check of associates processing work
• Interact with client on transactional issues
• Review daily key operational variables
• Develop back up and contingency plan
• Act as a change agent and provide implementation assistance as and when the need arises
• Provide subject matter expertise on processes
• Update Manager on process performance and critical people issues
• Identify potential people issues amongst the team & resolve the same on a proactive basis
• Provide process problem resolution assistance to teams via one on one’s and coaching sessions
• Assess performance of Team Members and conduct performance appraisals
• Provide coaching and feedback to team members
• Hold regular team meetings with Team Members to ensure that there is constant flow of information and knowledge dissemination –query logs, issue resolution
• Assist new hires such that they are productive on the floor in the shortest possible time frame
• Assess training needs, provide training opportunities and train new hires and existing staff
• Cross train Team Members
• Appropriately use Rewards & Recognition to energize to motivate Team Members
• Handle all logistics related issues: roster management
• Leave planning, Managing Compensatory Offs, Unscheduled Leave
• Initiating Disciplinary procedure in conjunction with HR and Reporting manager

Requirements*

Education*

• Graduate if any stream

Experience Range*

• 2-5 Years in people management

 Foundational skills*

• Team Handling experience
• Strong SME knowledge of Card Operations and Applicable US Laws, Rules & Regulations
• Excellent and Effective Communication Skills : both verbal & written
• MS Office ( Excel, PowerPoint and Word)
• Knowledge of Claim lifecycle

 Work Timings*

• Should be flexible in working multiple functions and shift timings
• 21:30 hrs- 06:30 hrs and 3:30 hrs – 12:30 hrs

Job Location*

• Chennai