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Research & Adjustments Rep II

Bank of AmericaBank of America·Banking and Financial Services

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Posted

91 days

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About the role

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Job Description & Responsibilities:
The Research and Adjustments Representative II role is responsible for processing payments, extensive account research and completing maintenance on delinquent and/or charged off Business Lending, Deposit and Consumer Vehicle Lending products. 


This role requires advanced account review and problem solving skills.  Primary responsibilities include loss mitigation of delinquent or charged accounts. Navigates a computerized data entry system and other relevant applications. They understand account terms, regulatory and compliance requirements that apply to the process and are able to work within these guidelines. Also, must adhere to internal operational and financial controls and ensures that they are observed for all assigned cases. May provide support to and training to other researchers within the department. 

Required Qualifications:

  • Self-motivated and goal oriented
  • Ability to adapt quickly to changes in the environment
  • Must be detail oriented, an independent thinker, and able to handle multiple tasks concurrently
  • Must be able to work in a team environment
  • Ability to navigate multiple computer systems simultaneously 
  • Ability to think critically and use sound judgment in decision making
  • Analytical and problem resolution skills

Desired Qualifications:

  • Previous Collections or Recovery experience
  • College degree or commensurate work experience preferred
  • Knowledge of Deposit

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40
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Aplyr's read

Bank of America is a global financial powerhouse, attracting professionals in finance, technology, and management who thrive in a dynamic and expansive environment.

Synthesized from recent postings & public sources

What's promising

  • Bank of America offers diverse career paths with roles in finance, technology, and management.
  • The company invests heavily in technology, enhancing digital banking services and cybersecurity measures.
  • Strong global presence provides employees with opportunities for international career growth.

What to watch

  • The banking industry faces regulatory challenges that can impact operations and job stability.
  • High-pressure work environment may not suit everyone, particularly in client-facing roles.
  • Limited public information about work-life balance initiatives for employees.

Why Bank of America

  • Bank of America is a leader in digital banking innovation, setting industry standards.
  • The company has a robust commitment to diversity, evident in its bilingual role requirements.
  • Offers specialized roles in niche areas like high-yield technology and telecom credit research.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Bank of America

BAC$56.20-0.58%

Bank of America is a multinational banking and financial services corporation that provides a wide range of financial products and services to individual consumers, small and middle-market businesses, and large corporations.

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