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 credit card holders.  The team works on the Credit 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*

Team Leader 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– Supervisor. Managing head count of 20 FTEs associates, whose Key responsibility resolves around meeting critical deadlines as per Compliance criteriaAdherence to the SLA’s – productivity, turn-around-time, and accuracyProvide appropriate coaching and feedback to help the associate come up the learning curveOutlier managementEngage in improving processes through reengineering, system checks, process automationPeriodical sample quality check of associates processing workInteract with client on transactional issuesReview daily key operational variablesDevelop back up and contingency planAct as a change agent and provide implementation assistance as and when the need arisesProvide subject matter expertise on processesUpdate Manager on process performance and critical people issuesIdentify potential people issues amongst the team & resolve the same on a proactive basisProvide process problem resolution assistance to teams via one on one’s and coaching sessionsAssess performance of Team Members and conduct performance appraisalsProvide coaching and feedback to team membersHold regular team meetings with Team Members to ensure that there is constant flow of information and knowledge dissemination –query logs, issue resolutionAssist new hires such that they are productive on the floor in the shortest possible time frameAssess training needs, provide training opportunities and train new hires and existing staffCross train Team MembersAppropriately use Rewards & Recognition to energize to motivate Team MembersHandle all logistics related issues: roster managementLeave planning, Managing Compensatory Offs, Unscheduled LeaveInitiating Disciplinary procedure in conjunction with HR and Reporting manager

Requirements*

Education*

Graduate if any stream

Certifications If Any

Experience Range*

2-5 Years in people management

 Foundational skills*

Team Handling experienceStrong SME knowledge of Card Operations and Applicable US Laws, Rules & RegulationsExcellent and Effective Communication Skills : both verbal & writtenMS Office ( Excel, PowerPoint and Word)Knowledge of Claim lifecycle

 Desired skills:

Team Handling experienceStrong SME knowledge of Card Operations and Applicable US Laws, Rules & RegulationsExcellent and Effective Communication Skills : both verbal & writtenMS Office ( Excel, PowerPoint and Word)Knowledge of Claim lifecycle

Work Timings*

Between -0730 Hrs - 2130  HrsShould be flexible in working multiple functions and shift timings

Job Location*

Chennai