Jobs › Companies › Bank of America › Process Design Manager - Debt Manager

About this Process Design Manager - Debt Manager role at Bank of America

Bank of America · Onsite · Newark

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 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!

Job Description:
This job is responsible for managing the assessment, development, execution, and oversight of process improvement and transformation initiatives in support of Operational Excellence objectives to achieve short and long-term strategic goals. Key responsibilities include demonstrating correlation between process engineering best practices, breakthrough productivity, customer satisfaction, and measurable continuous process improvement results. Job expectations include partnering with business executives and deployment champions to make strategic project implementation and budgeting decisions.


Responsibilities:

  • Implements highly complex solutions in support of performance plan objectives to resolve issues and risks, optimize efficiency, reduce variability, and improve controls, effectiveness, quality, and sustainability
  • Oversees partnerships with support organizations and Line of Business (LOB) partners to gather information needed to support the implementation of solutions that resolve critical business challenges and opportunities
  • Integrates process design best practices and applies business redesign concepts to ensure continuous process improvement tactics are in alignment with long-term strategic goals
  • Manages change by establishing appropriate governance routines to inspect the health of programs and project portfolios aligned to a unit or division within an LOB
  • Ensures Enterprise Change Management policies and standards are applied and adopted to change initiatives in partnership with LOB stakeholders

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

  • Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
  • Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
  • Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
  • People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

LOB Description:


This job is responsible for leading the assessment, development, execution, and oversight of technology projects, lob initiatives and overall UCRS Platform and Debt Manager administrative functions that support Operational Excellence objectives to achieve short and long-term strategic goals.

The position requires a strong combination of UCRS and Debt Manager Platform expertise, Debt Manager administration, BLAZE business rule development, technical and data acumen, analytical problem-solving, and project leadership. The successful candidate must be able to independently translate complex business needs into detailed business and data requirements, develop and validate sophisticated business rules, and articulate the integration of Debt Manager and UCRS.

This role serves as a subject matter expert and strategic partner to business executives, technology teams, deployment champions, and LOB stakeholders. The individual is expected to take ownership of complex initiatives from initial assessment through implementation, anticipate risks and dependencies, develop actionable solutions, and ensure changes are implemented accurately, effectively, and in accordance with applicable governance and change management standards.


Responsibilities

  • Demonstrated hands on experience working within the UCRS Platform Management team, with a strong understanding of platform functionality, administration, business processes, data, and supporting technologies.
  • Strong understanding of the integration and functional dependencies between Debt Manager and UCRS, including the ability to identify upstream and downstream impacts of proposed changes.
  • Independently develop, implement, test, and validate highly complex business rules in BLAZE RMA and Debt Manager BLAZE to support LOB initiatives, potentially resolve issues and mitigate risks, reduce losses, optimize efficiency, strengthen controls, improve quality and support sustainable business outcomes.
  • Demonstrate advanced experience analyzing, improving, testing and validating complex rule changes, including assessing downstream impacts, dependencies and possible unintended outcomes prior to implementation.
  • Independently maintain, configure, test, and implement changes to the Debt Manager user interface and Debt Manager BLAZE rules engine across Agile, UAT, Production, and other applicable environments.
  • Demonstrate strong functional and administrative knowledge of Debt Manager, including experience completing and maintaining core configuration components such as TAGS, Tag Types, Creditors, Receivers, and UDPs.
  • Ability to translate complex business needs into comprehensive, detailed, and actionable business and technical requirements, with particular emphasis on data requirements, user functionality and usability
  • Proven experience leading complex, large-scale product conversions from assessment through implementation, including defining Debt Manager administrative configurations, identifying and developing
  • Proven ability to identify, investigate and research user functionality gaps, inconsistencies, anomalies and process issues.  This includes performing a root-cause analysis, providing a recommended solution and drive the identified issues and gaps through to resolution.
  • Serve as a subject matter expert in the delivery of new or enhanced workstation functionality, including user experience, data presentation, data validation, readiness activities, implementation planning, and operational deployment support.
  • Drive recommended administrative setup functions in Debt Manager that will support business objectives and initiatives that are streamlined and effective.
  • Oversees partnerships with support organizations and Line of Business (LOB) partners to gather information needed to support the implementation of solutions that resolve critical business challenges and opportunities
  • Integrates process design best practices and applies business redesign concepts to ensure continuous process improvement tactics are in alignment with long-term strategic goals
  • Manages change by establishing appropriate governance routines to inspect the health of programs and project portfolios aligned to a unit or division within an LOB
  • Ensures Enterprise Change Management policies and standards are applied and adopted to change initiatives in partnership with LOB stakeholders

Required Qualifications:


  • Must have Current Technology Platform Management experience

Skills:

  • Business Process Analysis
  • Continuous Improvement
  • Process Design
  • Process Management
  • Process Performance Measurement
  • Conflict Management
  • Critical Thinking
  • Program Management
  • Scenario Planning and Analysis
  • Strategic Thinking
  • Decision Making
  • Drives Engagement
  • Relationship Building





Shift:

1st shift (United States of America)

Hours Per Week: 

40
Ready to apply to Bank of America?
Apply to Bank of America

About Bank of America

Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in t

See all jobs at Bank of America →

Similar jobs

Bank of America
TA Consultant I – Campus Recruiter – Global Payments Solutions
Bank of America
⚡ Apply early Charlotte Onsite
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Senior Fraud Analyst - Merrill Wealth Management - 2nd shift
Bank of America
⚡ Apply early Chandler Onsite
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Relationship Banker - Orlando North Market
Bank of America
⚡ Apply early Winter Springs Onsite
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Financial Center Assistant Manager
Bank of America
⚡ Apply early Phoenix Onsite
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Registered Wealth Management Client Associate
Bank of America
⚡ Apply early Plantation Onsite
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Financial Center Assistant Manager - First Colonial Financial Center
Bank of America
⚡ Apply early Virginia Beach Onsite $59,675–$81,141
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Relationship Banker - Downtown Chicago
Bank of America
⚡ Apply early Chicago Onsite $52,000–$55,682
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Cyber Incident Management Senior Specialist - Denver
Bank of America
⚡ Apply early Denver Onsite $147,300–$169,900
● New 👁 Seen ✓ Applied 2h ago
Bank of America
Quality Analyst - Enterprise Transaction Services
Bank of America
⚡ Apply early Fort Worth Onsite
● New 👁 Seen ✓ Applied 2h ago

Sign up for suggestions tailored to the jobs you open and the searches you save.

More jobs at Bank of America

See all jobs at Bank of America →

Apply now
🤖

Whoa — hold up

JobsRadar was built for real people having a rough time in their job search — not for automated requests. You're clicking way too fast and you're now temporarily blocked.

Come back later. If you're genuinely job hunting, we've got your back — just act like a human.

Catch your next role the second it’s posted.

Create a free account and we’ll watch the boards for you — the instant a job matches your search, it lands in your inbox or Telegram. No digging, no refreshing.

Create free account

Free forever · takes 30 seconds · already have one?

Get an edge on your job hunt.

Join our Telegram channel for the stuff that helps you land the role — salary benchmarks, the weekly market pulse, and new-feature drops. No spam, just signal.

Join the channel — it's free