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Bank Of America Manager 
India, Tamil Nadu, Chennai 
916142946

01.04.2025

Process Overview*

Global Investigations process deals with handling of payment related queries received from banks, internal BOA departments, customers, nostro outstanding & returned payments. All queries require detailed analysis & resolution as per standard timelines. The team handles Investigations for all currencies arising for Asia, EMEA & US regions.

  • Investigating and identify root cause for an enquiry
  • Contact external banks through SWIFT correspondence messages
  • Pass payments adjustments entries on client accounts, internal accounts & nostro accounts
  • Review nostro accounts & ensure all outstanding debits & credits are cleared as per timelines
  • Follow up with external banks for details, confirmation and recall of funds
  • Verify Correspondence & Payment adjustments as per currency cut-off
  • Manage workflow of the team

Responsibilities*

  • Interact with all levels of management and represent Regional Investigations during meetings, etc
  • Take care of monthly Management routines, dashboards calls with LOB, co-ordinate with LOB on coverage plans
  • The production environment requires the Supervisor to be flexible, take initiative, work well under pressure, and adapt to rapid changes.
  • Willingness to work in late shifts and in rotational shifts
  • Must be able to effectively communicate with technical and business teams.
  • Must have ability to work well under pressure and with minimal supervision
  • Should have strong decision-making, critical thinking, and oral and written communication skills.
  • Adherence to the SLA’s – productivity, turn-around-time, and accuracy
  • Review daily key operational actionables and various process controls
  • Develop back up and contingency plans
  • Manage : Risk, Compliance and other process level documentation
  • Provide subject matter expertise on process
  • Provide process problem resolution assistance to teams via calendarized one on one’s and coaching sessions
  • Responsible for shift planning, staff supervision, monitoring daily work routine of the associates, handle escalations
  • Escalate any process related ambiguities to Manager/LOB for further clarification.
  • Monitoring of mail box and act accordingly without delay. Distribute work among the team on priority basis
  • Perform end of day (EOD) checks
  • Support the team manager in capturing performance related data and report MIS on a timely basis
  • Have innovative approach to work and continuously identify and implement process improvements
  • Seek opportunities to improve process by initiating best practices
  • Identify risk areas in the process and implement mitigation plans
  • To process investigations / enquiries of Incoming / Outgoing / returned payments in a timely manner, adhering to laid down procedures and ensure that the established service standards are met.
  • Investigate cases on a regular basis.

Education*

  • Graduation / Post Graduation - Preferably Commerce (B.Com) or MBA (Finance).
  • Certifications - NA

Experience Range*

  • 10 to 12 Years of relevant experience

Foundational Skills*

  • Good Communication Skills, both verbal and written
  • Prior work experience in Global Investigation with In depth understanding of SWIFT payments & message types
  • In depth Knowledge of Payments, ISO, Investigations process & Detailed Knowledge of nostro accounts
  • Be thorough with Payment Concepts. i.e., MT 103/202/202COV and Swift standards and ISO XML
  • Real time People Manager experience with complete team Handling exposure

Desired Skills*

  • Should have worked on PEGA Platform
  • Ability to multitask, prioritizing urgent items & meet stringent cut-offs
  • Organized and methodical
  • Customer focused
  • Ready to stretch when required
  • Willingness and able to own tasks to completion
  • Flexible and adaptable to changing demands and shift timings
  • Ability to meet deadlines and achieve agreed targets
  • Compliance centric
  • Excellent MS Office Skills
  • Six Sigma Knowledge

EMEA / US (Flexible to Night Shifts)