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.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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*

Enterprise Payments Technology – Global Business Services team is involved in Architecture, Development & Testing. EPT provide critical services to our customers and clients such as Zelle, Digital Wallets, Debit Card Purchase, Bill Payments, Merchant Acquiring, International and Domestic Remittances, Mortgage Payments, and Scheduled Transfers. The team is playing a crucial role in transformational initiatives and maintaining merchant services and digital payments changes. We are adopting API first approach for developing the solutions. Platform Stability as part of Never Down is also a focus area due to the need for high availability of the payment’s platform for our customers. The India team is spread across 4 locations in India - Chennai, Gurugram, Hyderabad and Mumbai.

Job Description*

The Payment and Merchant Technology team is seeking a driven, talented, and eager individual to work closely with our leadership team to gather information, synthesize business and technical concepts and build APIs based on these requirements and business needs. In this role, you will be responsible for the timely creation, revision, organization, and preparation of material for designing, building and testing complex are compliant with company standards. The ideal candidate will be an exceptional solutions architect who exhibits sound business judgment, a proven ability to influence others and possess strong analytical skills. 

In this role, you will be primarily responsible for designing and delivering specification for reusable web service interfaces that can facilitate transfer of funds both in P2P and C2B scenarios including offline and online/real-time mode of payment such as merchant services, Zelle and TCH/RTP. Acts as a point of contact for Architecture and design delivery, with the ability to identify service and reusable components, and clearly documents and communicates design recommendations across teams supporting movement of funds, including core payment constructs of authorization, clearing & settlement, and supporting batch updates to banks ledger.

Responsibilities*

• Designs and develops web services specifications, solution architecture and design for enterprise-wide systems, and supports implementation and deployment of these services and design by working closely with the delivery teams.
• Brings a deep understanding of payment landscape onboard with focus on challenges and opportunities in P2P and C2B payment scenarios in both offline and online modes of payment, including, authorization, settlement, and reconciliation flows.
• Understands complexity of adapting to an enterprise-wide web service modelling where many enterprises are involved and requires to interface with heterogeneous applications and suggests solutions.
• Responsible for components of complex engineering and/or analytical tasks and activities.
• Ensure all internal processes, procedures, and policies are effectively enforced.
• Serves as a fully seasoned/proficient technical resource; provides tech knowledge and capabilities as a team member and individual contributor.
• Will work closely with business partners and technology systems owners to define requirements for POC initiatives, ability to understand and adapt new technologies independently.
• Exercises judgment within broadly defined practices and policies in selecting methods, techniques, and evaluation criterion for obtaining results.

Requirements*

Education*

• BE / B.Tech/ MCA/ M.Tech
• Certifications If Any: NA

Experience Range*

• 12- 15 years

Foundational Skills*

• Familiarity with financial services and payments and payment processing including digital payments (i.e. funds transfers, bill payments, Zelle).
• Experience and/or working knowledge of payment solution working with devices and merchant services.
• Design and development skills in enterprise-wide web service, applications and reusable components that are unified across an Industry, in P2P and C2B payment domain covering near real time payments.
• Good understanding of multiple industry standard of payment messages and files, like ISO20022, ISO8583, SWIFT MT/MX, NACHA/ACH, BACS, NPCI UPI API etc.
• Hands on senior technology leader in the team, can evaluate and adopt to the relevant and similar technologies impacting payment domain and suggest solution.
• Effectively work with business teams, program management, on-site/off-site development staff to accomplish project deliverables.
• Strong communication/interpersonal skills both written and verbal and the ability to quickly form meaningful working partnerships.
• Work well under pressure. Manage multiple priorities, be proactive, and deliver quality results under aggressive deadlines.
• Self-starter, good aptitude, Problem Solver and someone who is open to learning new technologies and comes with strong analytical capabilities.
• Maintain a comprehensive library of technical terminology and documentation.
• Understanding of MuleSoft tools and best practices
• Strong use of visuals skills, ability to convene points with graphics and illustrations.
• Strong attention to details

Desired Skills*

• Good exposure on merchant services design and implementation
• Experience with third-party libraries and APIs

Work Timings*

• 11:30 am to 7:30 pm IST

Job Location*

• Gurugram