Team Leader

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*

The GLOBAL PROCUREMENT (Global Third Party Program (GTPP) was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.

The process involves receiving requests from Bank of America employees to procure products on their behalf. The primary objective is to ensure that the requestor is provided the requested product at best price without compromising on the quality. This would require the individual to research and negotiate with vendors for the best deal. It would also assist if the individual is knowledgeable of the SCM process/es.

Job Description*

The process involves receiving requests from Bank of America employees to procure products on their behalf. The primary objective is to ensure that the requestor is provided the requested product at best price without compromising on the quality. This would require the individual to research and negotiate with vendors for the best deal.

It would also assist if the individual is knowledgeable of the SCM processes. The ideal candidate needs to have specialized knowledge of SCM/Global Procurement Processes including strong knowledge of Ariba eRequest, GEP Application including upstream and downstream modules i.e. contracts, purchases, invoices models, reconciliation, reporting etc. The associate in this role is required to understand business requirement of required task, thoroughly understand the Non-Catalog and Catalog purchase, contracts requirements & drive the business to different stakeholders for execution. This would require to interact with external suppliers, Internal BoAs LOB contacts, Onshore team & ensure that their requirement, expectations are met, executed timely & successfully.

Responsibilities*

Interacting with Vendors and Requestors on e-mail and phone

Raising Purchase Orders (PO) on behalf of Bank of America employees

Invoice Management (Reconciliation of Invoices as per the PO)

Short-listing Vendors on the basis of requestors’ need

Attention for details not multi-tasking

Negotiation with Vendors for the best deal

Should achieve the process SLA’s and CTQ’s / Completion of request within defined SLA/CTQs and compliant to Global Procurement guideline.

Requirements*

Education*

Bachelors degree

Certifications If Any

Any certification on Procurement, Procurement applications e.g. Ariba, GEP, Oracle, SAP, Risk and Compliance will be an added advantage.

Experience Range*

~6-8 Years

May perform a specialist role in a support function performing routine transactions or functional activities. Incumbents would be Graduates / Postgraduates with 48 - 60 months of work experience

Foundational skills*

Knowledge of Global Procurement/Source to Pay/PR-PO

Knowledge of all type of purchases & Commodities i.e., Expense & Capital (PR-PO); Invoicing models

Good communication and presentation skills

Knowledge of Risk and Compliance

Business Analytics Skills

High level skills for process reporting, excellent knowledge of Excel, PowerPoint & SharePoint

Desired skills

Knowledge of Ariba, GEP or any other SCM related applications

Experience including interaction with international stakeholders/customers

Good Knowledge of MS Office, especially MS-Excel & PPT

Exceptional oral/written communication skills

Excellent interpersonal skills, positive attitude, team-player

Willingness to learn and adapt to changes and open to be working in different shifts as per the business requirement

Work Timings*

3:30 PM to 12.30 AM IST

Job Location*

Gurugram

24011930