• Job Description

  Req#: 25029531

  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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
  
  Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
  
  Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
  
  At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

  This opening is for position in the Indirect Reconciliation Operations team supporting Global Leasing’s Global Vendor Finance group, which provides customer financing programs for capital equipment manufacturers, software developers, distributors, and service providers. The Indirect Reconciliation team is responsible for managing the financial activities of all indirect programs (those where contracts are serviced by a vendor partner), working closely with both vendor partners and internal program team members to ensure that transactions are timely received, reviewed, processed and reconciled. Job responsibilities for assigned vendor programs include, but are not limited to, the following:

  • Work closely with vendor- and internal partners to ensure timely and efficient activity processing as well as quick identification, communication and resolution of issues.

  • Manage operational activity pertaining to assigned vendor programs, including submission of requests for payment application, contract maintenance, buyout quotes and dispositions.

  • Reconcile the Bank’s receivable balances to the vendor’s, identifying, researching and resolving reconciliation differences in a timely manner.

  • Assist the Indirect Portfolio Management team on vendor audits as needed (some travel may be required).

  • Additional projects as assigned.

  Required skills:

  • Strong Accounting background / knowledge

  • Results-oriented, with a strong attention to detail

  • Excellent oral-, written- and interpersonal communication skills

  • Exceptional time management skills, with the ability to manage many tasks in an orderly fashion

  • Able to work both independently and as a team member

  • Solid knowledge of Microsoft Excel

  • Comfortable managing full cycle process

  Desired Skills:

  • Experience in the leasing industry and with database query tools preferred.

  • Bachelor’s degree preferred

  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.

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