Job Description:
Job Description Summary:
Researches & resolves Deposit and Credit Card Claims within the banks policies and procedures. Responsibilities include: investigate and decision daily incoming claims using multiple systems and tools and resolve differences May debit or credit customers accounts as appropriate, process chargebacks or contact customer regarding status of pended or decisioned claims. Researches and resolves other general customer account inquiries as appropriate. Typically performs functions such as, service support, claims research, sales ticket ordering and judgmental claim decisioning. Maintains internal operational and financial controls and ensures that they are observed for all assigned cases. Ensures that all cases are resolved in compliance with industry regulations and bank procedures, integrity levels of the departments case management system and financial controls. Works within a team environment. Associate is expected to meet or exceed department level benchmarks for productivity and quality. May provide support and training to other analysts within the department. Has thorough knowledge of the Claims Analyst function and handles more complex cases which require analytical and problem resolution skills. At least 2 years of experience preferred.
Job Description & Responsibilities:
This position is responsible for processing Fraud and or Non-Fraud claims for Bank of America Customers. Associates will review all supporting documentation to determine the best course of action for the Customer, including making phone calls to the Customer to resolve the claim or to set the correct expectations. Associates must ensure they are up to date and apply all internal policies, procedures, and regulatory requirements when reviewing Customer accounts.
Resolves customer check and digital claims within the bank's policies and procedures. Responsibilities include: investigate and decision daily incoming claims using multiple systems and tools; resolve differences; answer service requests and inquiries received from various channels. May debit or credit customer's accounts as appropriate, process charge backs or update customer regarding pending claims. Researches and resolves other general customer account inquiries as appropriate. The incumbents primary interaction is through indirect customer functions. Typically performs back office functions such as, service support, claims resolution, ticket ordering and judgment claims. Maintains internal operational and financial controls and ensures that they are observed for all assigned cases. Ensures that all cases are resolved in compliance with industry regulations and bank procedures, integrity levels of the department's case management system and financial controls. Works within a team environment. Associate is expected to meet or exceed department level benchmarks for productivity and quality. May provide support and training to other analysts within the department. Has thorough knowledge of the Claims Analyst function and handles more complex cases which require analytical and problem resolution skills. At least 2 years of experience preferred.
Required Skills:
Not currently on any form of corrective action
Currently meeting both productivity and quality goals
Superior understanding of Fraud claims processing
Excellent communication skills
Team oriented attitude Ability to multi-task, be flexible to change and manage priorities
Detail oriented, a quick learner, and takes ownership over tasks
Minimum of Meets / Meets rating on most recent PDP
Shift:
1st shift (United States of America)
Hours Per Week:
40
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.