Assistant Manager

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*

• Third Party Management and Corporate Accounts Payable: TPM performs various activities of Manage Phase which helps in Planning and Sourcing Phase of the procurement Cycle and manage relation with GEP Smart, VRPM, VIPR (Micro Strategy), GPS, BICS etc. BICS admin activities include management of Third-Party entities with regards to creation (entity creation require creating Business entity records in BICS system for any spend happens with any vendor, agency, fourth party etc.), hierarchy alignment, Merger and acquisition events, spend alignment and publish the inventory of Provider of Incidental and Fourth Party entities as per publication calendar, published in the beginning of every year at GBS level. Enhanced Rogue research team helps in aligning the spend with the managed third-party entity and disposition it via change request process. Termination team helps in processing termination requests of entities Incl. Early and Natural terminations and perform due diligence for all third-party entities in the inventory. QA Centralization is responsible to identify the inherent risk of a deal/and or Third-Party relationships. QA Centralization receive the input from operation/production teams within Global Procurement in the defined format/QA mailbox. Third Party Management team caters to all regions across North America, EMEA, and APAC & LATAM.

Corporate Accounts Payable is performing various accounts payable activities. Primary activities include vendor set-ups and operations, employee reimbursements, vendor invoicing, cards maintenance etc.

Job Description*

The individual in this role needs to have strong domain knowledge and will be responsible for reviewing, either (1) Third Party entities relationship, disposition changes related to hierarchy, family tree, understanding or Merger & Acquisition cases of third parties, understanding of inventory, spend alignment and movement, better understanding of Rogue research and Termination of third parties as per policy standards and understand data flow with different platforms like BICS, AP, VIPR, VRPM, GEP, Concur, Appian, SAP etc.

or

(2) Invoices and processing vendors setups & employee setups in Oracle eVDM and review expense reimbursements. It will be for US and international regions.

Mandatory requirement of technical tools like Alteryx and SQL.

Responsibilities*

• Manage BAU activities and ensure that all service level agreements (SLAs) with internal clients are met
• Ensure quality of work meets the department standards by establishing quality control checks into the processes
• Actively contribute towards process initiatives, suggestions and highlight risks / control gaps
• Actively contribute towards process improvement and automations via AI tools
• Maintain process level documentation like SOP/procedure, QA etc.
• Be a team player and help members in day-to-day coordination/support

Requirements*

Education*

Graduation/Post graduation in any field

Experience Range*

6-8 Years

Foundational skills*

• Knowledge and experience in Third party inventory, vendor Management,
• Knowledge and experience in Accounts Payable
• Advanced Excel, Good communication skills
• Thorough knowledge of Alteryx and SQL

Desired skills:

Analytical skills, strong decision-making skills, thorough knowledge of BICS, AP, Concur, SAP, Appian, VRPM, VIPR, GEP Smart

Work Timings*

11:30 PM to 8:30 PM

Job Location*

Gurugram