Team Leader - Commercial Lending Transaction Testing

Bank Of America; Chennai; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Bank of America is seeking a Team Leader to manage transaction testing for commercial loans in its India operations. The role focuses on ensuring quality, governance, and alignment with regulatory expectations while coordinating with global teams.

They require 4 to 7 years of experience, MBA qualification, and strong problem-solving and communication skills. The position is based in Chennai/ HYD with in-office expectations.

Qualifications

• Excellent communication skills (verbal and written) and ability to manage stakeholders.
• Attention to detail and accuracy in testing and documentation.
• Strong problem solving and organizational skills; able to multitask in a fast-paced environment.

Responsibilities

• Accountable for testing execution, reporting and analysis of results.
• Execution of test scripts, identifying defects and providing daily updates to test leads and managers as needed.
• This role may participate in test script development and test design.
• Ensure Audit Readiness – ensure test scripts and governance documents are updated timely and accurately whenever there are process changes.

Skills

Communication skills

Attention to detail

Problem solving

Organizational skills

Multi-tasking

Education

MBA

Tools

MS Office

Job description

Team Leader 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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* This role is part of Enterprise Independent Testing – Global Banking. We are responsible for developing a consistent test for effective risk, management and reporting across Bank of America. EIT partners with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, EIT drives innovation, process improvement and automation.

This position executes but not limited to tests supporting Global Banking – Commercial Lending

Job Description*

• Take complete accountability & ownership for transaction testing for commercial loans and recommend new controls / remediation plan based on the findings.
• Responsible for ensuring a product or service meets the established standards of quality.
• Ensure Audit Readiness – Ensure Test scripts and other governance documents are updated timely and accurately whenever there are any process changes in the business.
• Should be able to identify potential risk and gaps in the process and implement controls for mitigation.

Responsibilities*

• Ensure business KPIs are met.
• Identify ideas to generate efficiency in the process.
• Accountable for testing execution, reporting and analysis of results.
• This role may participate in test script development and test design.
• Accountable for accurate and timely test execution and/or support activities related to a Testing.
• Execution of test scripts, identifying and documenting defects and providing daily updates to test leads and managers as needed.
• Performing Sampling queries for assigned tests.

Requirements*

Education* MBA

Experience Range* 4 to 7 years of overall experience

Foundational skills*

Good communications skills (Verbal and Written) Working knowledge of MS Office Experience in Commercial lending Understanding of transaction testing and Quality assurance Stakeholder management Documentation & evidence assessment Strong understanding of lending products (Commercial loans) Organized and able to multi-task in a fast-paced environment Self-starter, organized, versatile, capable of performing work independently with minimal direction. Ability to think independently, solve complex problems, and suggest solutions. In-depth knowledge of Loan cycle and lending products Strong written, verbal and delivery skills. Attention to Detail

Desired skills

• Good understanding of Risk & Controls

Work Timings* 11:30 Hrs to 20:30 Hrs

Job Location* CHN/HYD