Operations Team Lead - Global Payment Operations

Bank of America
  • Newark, New Jersey
    7 days ago

    Job Description

    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 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!


    Job Description:
    This job is responsible for overseeing the Operations team and ensuring they meet deadlines, execute, and coordinate tasks. Key responsibilities include supporting continuous business improvements, reviewing operations procedures, implementing changes, ensuring adherence to operations procedures, providing guidance to employees, handling exception requests, and referring more complex problems to a senior manager. Job expectations include having an awareness of foundational operations and familiarity in a specific product line.


    Responsibilities:

    • The Global Payment Operations (GPO) organization delivers global wire transfers and ACH payments for internal and external bank clients and supports end-to-end payment execution and investigations for transactions initiated through various channels.
    • The team also provides sanctions screening on transactions for multiple products, in accordance with policies established by the Global Economic Sanctions Compliance team
    • Resolves day-to-day problems and executes deliverables within the business unit
    • Provides functional expertise knowledge to projects or initiatives relating to the business unit
    • Manages team workload and provides general oversight and direction to team
    • Maintains internal, operational, and financial controls and works within risk appetite of the business unit
    • Reviews processes to ensure they are efficient and implements process improvement opportunities



    Required Qualifications:

    • Minimum 1 year of operational accounting experience along with working knowledge of processes to include applicable policies and regulations
    • Previous experience with general ledger
    • Proficient skills utilizing MS Excel
    • Thorough understanding of debits and credits
    • Ability to multi-task and meet specific performance goals
    • Excellent problem solving skills
    • Detailed oriented, self-motivated, assertive
    • Demonstrates ability to work flexible schedules and adapt quickly to change
    • Demonstrates leadership skills consistently
    • Must possess excellent verbal and written communication skills
    • Work well in a team environment as well as independently
    • Excellent research, analytical & decision making skills
    • Ability to work overtime as needed



    Desired Qualifications:

    • Experience with various systems which may include: Recon Plus, PIX, eLedger, FDES, BOSS, Content Navigator, MSS, BFT, Cashpro and TSYS

    Skills:

    • Attention to Detail
    • Collaboration
    • Customer Service Management
    • Customer and Client Focus
    • Fraud Management
    • Active Listening
    • Administrative Services
    • Business Operations Management
    • Data Collection and Entry
    • Quality Assurance
    • Client Management
    • Coaching
    • Performance Management

    Shift:

    1st shift (United States of America)

    Hours Per Week: 

    40

    Numbers & Facts

    LocationNewark, New Jersey

    Skills

    • Accountingunmatched
    • Administrative Skillsunmatched
    • Analysis Skillsunmatched
    • Business Operationsunmatched
    • Business Supportunmatched
    • Career Developmentunmatched
    • Coachingunmatched
    • Communication Skillsunmatched
    • Customer Relationsunmatched
    • Customer Service Managementunmatched
    • Data Collectionunmatched
    • Data Entryunmatched
    • Detail Orientedunmatched
    • Error Handlingunmatched
    • Financial Controlunmatched
    • General Ledger Accountingunmatched
    • Leadershipunmatched
    • Microsoft Excelunmatched
    • Militaryunmatched
    • Multitaskingunmatched
    • Operational Auditunmatched
    • Operational Improvementunmatched
    • Operations Managementunmatched
    • Operations Processesunmatched
    • People Managementunmatched
    • Performance Managementunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Procedure Implementationunmatched
    • Process Improvementunmatched
    • Quality Assuranceunmatched
    • Regulationsunmatched
    • Riskunmatched
    • Sales Managementunmatched
    • Talent Managementunmatched
    • Team Lead/Managerunmatched
    • Team Playerunmatched
    • Time Managementunmatched
    • Writing Skillsunmatched

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