Bank of America

Operations Consultant


Pay$40.00 / hour
LocationChicago/Illinois
Employment typeFull-Time

What's your preference?

Apply with job updates
  • Job Description

      Req#: 25025578

      Job Description:

      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!

      Job Description:

      This job is responsible for the day-to-day resolution of complex problems and the research and execution of complex transactions for a single site/business unit or smaller business unit(s). Key responsibilities include strategically advising upon the design, development, and implementation of products, systems, and services using discretion within the project management methodologies.

      LOB Job Description:

      Manage North America Treasury Fulfillment (NATF) Escalations daily through multiple platforms by reviewing requests, determining the urgency and validity of each Escalation request; then, engaging the appropriate departments/parties to complete the tasks necessary to close-out the escalated package request.

      Monitor multiple team email inboxes to process escalation requests through documenting Quality Defects (QD) and Client Complaints, along with logging and tracking ACH Originations packages expediting with Operations Management as required.

        Job Responsibilities:

        • Advises on the design, development, and implementation of complex products, systems, and services in an operations environment using discretionary judgment
        • Advises on projects and directs activities of a team related to special initiatives
        • Advises as a technical expert in assigned area, providing an understanding of the business unit's operations processes and implications on other groups within the operations function
        • Consults on present-state, develops alternative future-state approaches, and facilitates implementations by creating a clear and coherent approach to guide effective program/initiative setup, execution, and control
        • Identifies and recommends responsibilities and accountabilities for key programs/projects

        LOB Job Duties & Responsibilities:

        include monitoring each escalated package from request to completion by:

        • Hosting weekly meetings with Treasury Fulfillment (TF) Managers to discuss and manage the Escalations pipeline, including their completion of 24/48 Hour Priority Comments and Root Cause Analysis (determined through Tableau review), as well as investigating and resolving package inquiries.
        • Monitor NATF Escalations email inbox by determining the validity of each escalation request, entering the information into SP and notifying the Sales Director of receipt, while providing status updates to the Sales team; meanwhile, collaborating with TF and Operations Manager(s) to complete the escalation.
        • Monitor NATF Client Complaints email inbox by determining if the complaint is under the Fulfillment line of business, entering complaints in the GSS system and Excel log; then, tracking and ensuring the complaint is resolved withing compliance guidelines.
        • Monitor Quality Defects (QD) email inbox notifications of new QD submission into the SP site; then, verifying the accuracy of the information entered and determining if additional steps are required to complete the Root Cause of the QD.
        • Monitor ACH Originations email inbox requests by determining if the request meets escalation requirements, entering the information on the Excel log; then, notifying the Sales team of receipt and providing status updates; meanwhile, collaborating with Operations Management to complete the escalation and updating the Excel log.
        • Reviewing Tableau reporting to verify duplicate and quick close escalations; then actioning them appropriately, removing them from the SP report.

          Required Qualifications:

          • 2+ years experiences in banking / financial environment.
          • Strong problem solving & organizational skills
          • Ability to multi-task, prioritize and exhibit flexibility
          • Proficient in Microsoft Word, Excel and Outlook

          Desired Qualifications:

          • 2+ years of treasury or equivalent experience
          • College degree

          System Experience:

          • Outlook
          • Excel
          • OnBoard Assist (OBA) (+)
          • SharePoint
          • Global Fulfillment Solution (GFS) (+)
          • GSS (+)
          • Salesforce (+)

            Qualifications:

            • Customer and Client Focus
            • Problem Solving
            • Risk Management
            • Adaptability
            • Attention to Detail
            • Collaboration
            • Critical Thinking
            • Issue Management
            • Analytical Thinking
            • Decision Making
            • Oral Communications
            • Presentation Skills

            .

              Shift:

              1st shift (United States of America)

              Hours Per Week:

              40

              Pay Transparency details

              US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

              Pay and benefits information

              Pay range

              $58,900.00 - $96,700.00 annualized salary, offers to be determined based on experience, education and skill set.

              Discretionary incentive eligible

              This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

              Benefits

              This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
          • About the company

              Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

          Notice

          Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

          Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000.

          Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

          An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report. NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.