Bank of America Hiring for Team Member at Mumbai, Maharashtra Full Time

Bank of America is one of the world’s leading financial institutions, serving individual consumers, 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.

We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

• BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

New Account Risk Review is about reviewing new accounts opened by customer’s through multiple account opening channels. Team reviews these accounts for potential fraud based on various indicators and decision on whether accounts to be kept active or closed are made using various applications.

Job Description*

Individual will perform a steps for prevention/detection of new deposit (Checking and Saving) account fraud which may include: individual (first party) fraud, fraud rings, re-entry attempts and identity theft.

Responsibilities*

Reviewing of suspect fraud accounts, filtered by fraud filters.

Decisioning the suspect accounts to be either closed or remained open.

Referring the suspect accounts to the On-Site team in case of Government accounts or contact with customer or maker of the check is required etc.

Requirements*

Education* – University Degree (preferably B.Com)

Certifications If Any

Experience Range* 0-2 years of total experience in financial or other industry

Foundational skills*

Working knowledge of MS Office with good keyboard/typing skills, and ability to navigate multiple system applications.

Computer literate with typing speed of 30-40 WPM with 98% Accuracy

Strong analytical skills.

Desired skills*

Fraud domain experience

Work Timings*

Shift timing:– 07:30 am to 4:30 pm

Job Location*

Mumbai

Job Band:
H8

Shift:
Hours Per Week:
45

Weekly Schedule:
Referral Bonus Amount:
0