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
The GLOBAL PROCUREMENT (Global Third Party Program (GTPP) was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.
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The process involves receiving requests from Bank of America employees to procure products on their behalf. The primary objective is to ensure that the requestor is provided the requested product at best price without compromising on the quality. This would require the individual to research and negotiate with vendors for the best deal. It would also assist if the individual is knowledgeable of the SCM process/es.
Job Description
The process involves receiving requests from Bank of America employees to procure products on their behalf. The primary objective is to ensure that the requestor is provided the requested product at best price without compromising on the quality. This would require the individual to research and negotiate with vendors for the best deal.
It would also assist if the individual is knowledgeable of the SCM processes. The ideal candidate needs to have specialized knowledge of SCM/Global Procurement Processes including strong knowledge of Ariba eRequest, GEP Application including upstream and downstream modules i.e. contracts, purchases, invoices models, reconciliation, reporting etc. The associate in this role is required to understand business requirement of required task, thoroughly understand the Non-Catalog and Catalog purchase, contracts requirements & drive the business to different stakeholders for execution. This would require to interact with external suppliers, Internal BoAs LOB contacts, Onshore team & ensure that their requirement, expectations are met, executed timely & successfully.
Responsibilities
- Interacting with Vendors and Requestors on e-mail and phone
- Raising Purchase Orders (PO) on behalf of Bank of America employees
- Invoice Management (Reconciliation of Invoices as per the PO)
- Short-listing Vendors on the basis of requestors' need
- Attention for details not multi-tasking
- Negotiation with Vendors for the best deal
- Should achieve the process SLA's and CTQ's / Completion of request within defined SLA/CTQs and compliant to Global Procurement guideline.
Requirements
Education
Bachelors degree
Experience Range
~6-8 Years
May perform a specialist role in a support function performing routine transactions or functional activities. Incumbents would be Graduates / Postgraduates with 48 - 60 months of work experience
Foundational skills
- Knowledge of Global Procurement/Source to Pay/PR-PO
- Knowledge of all type of purchases & Commodities i.e., Expense & Capital (PR-PO); Invoicing models
- Good communication and presentation skills
- Knowledge of Risk and Compliance
- Business Analytics Skills
- High level skills for process reporting, excellent knowledge of Excel, PowerPoint & SharePoint
Desired skills
- Knowledge of Ariba, GEP or any other SCM related applications
- Experience including interaction with international stakeholders/customers
- Good Knowledge of MS Office, especially MS-Excel & PPT
- Exceptional oral/written communication skills
- Excellent interpersonal skills, positive attitude, team-player
- Willingness to learn and adapt to changes and open to be working in different shifts as per the business requirement
Work Timings
3:30 PM to 12.30 AM IST
Job Location*
Chennai
Perks and Benefits
Health and Wellness
- FSA
- HSA
- On-Site Gym
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
Work Flexibility
Office Life and Perks
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Sabbatical
Financial and Retirement
- Performance Bonus
- Company Equity
- 401(K) With Company Matching
Professional Development
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Tuition Reimbursement
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program