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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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.
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Process Overview
This role is part of Enterprise Independent Testing - Global Banking. We are responsible for developing a consistent test for effective risk, management and reporting across Bank of America. EIT partners with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, EIT drives innovation, process improvement and automation. This position executes but not limited to tests supporting Global Banking - Commercial Lending
Job Description
• Take complete accountability & ownership for transaction testing for commercial loans and recommend new controls / remediation plan based on the findings.
• Responsible for ensuring a product or service meets the established standards of quality.
• Ensure Audit Readiness - Ensure Test scripts and other governance documents are updated timely and accurately whenever there are any process changes in the business.
• Should be able to identify potential risk and gaps in the process and implement controls for mitigation.
Responsibilities
• Ensure business KPIs are met.
• Identify ideas to generate efficiency in the process.
• Accountable for testing execution, reporting and analysis of results. This role may participate in test script development and test design.
• Accountable for accurate and timely test execution and/or support activities related to a Testing.
• Execution of test scripts, identifying and documenting defects and providing daily updates to test leads and managers as needed.
• Performing Sampling queries for assigned tests.
Requirements
Education
MBA,
Experience Range
4 to 7 years of overall experience
Foundational skills
- Good communications skills (Verbal and Written)
- Working knowledge of MS Office
- Experience in Commercial lending
- Understanding of transaction testing and Quality assurance
- Stakeholder management
- Documentation & evidence assessment
- Strong understanding of lending products (Commercial loans)
- Organized and able to multi-task in a fast-paced environment
- Self-starter, organized, versatile, capable of performing work independently with minimal direction.
- Ability to think independently, solve complex problems, and suggest solutions.
- In-depth knowledge of Loan cycle and lending products
- Strong written, verbal and delivery skills.
- Attention to Detail
Desired skills
Good understanding of Risk & Controls
Work Timings
11:30 Hrs to 20:30 Hrs
Job Location*
CHN/HYD
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Adoption Assistance Program
- Adoption Leave
- Family Support Resources
Work Flexibility
Office Life and Perks
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Sabbatical
- Volunteer Time Off
Financial and Retirement
- 401(K) With Company Matching
- 401(K)
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Internship Program
- Associate or Rotational Training Program
- Mentor Program
- Access to Online Courses
Diversity and Inclusion