Process Design Consultant I
📍 Job Overview
Job Title: Process Design Consultant I
Company: Bank of America
Location: Phoenix, Arizona, United States (with potential for Newark, New Jersey; Fort Worth, Texas; Greensboro, North Carolina; Tampa, Florida)
Job Type: FULL_TIME
Category: Operations Consulting / Process Improvement
Date Posted: December 11, 2025
Experience Level: 2-5 Years
Remote Status: Hybrid
🚀 Role Summary
- This role focuses on driving Operational Excellence through rigorous process analysis and the implementation of strategic improvement initiatives.
- It involves collaborating closely with business leaders and subject matter experts to design and execute solutions that enhance efficiency, quality, and risk mitigation.
- The position requires a strong analytical and problem-solving aptitude to translate complex business challenges into structured, data-driven solutions with quantifiable business case benefits.
- A key aspect of this role is establishing a framework for continuous process improvement by applying industry best practices and developing reusable technology solutions.
📝 Enhancement Note: The title "Process Design Consultant I" and the responsibilities described strongly indicate a role focused on operational efficiency and business process re-engineering within a large financial institution. The emphasis on "Operational Excellence," "process improvement/transformation," and "risk mitigation" positions this within the broader GTM operations and business operations landscape, specifically focusing on internal process optimization rather than external go-to-market strategies. The "I" designation suggests an entry to mid-level individual contributor role.
📈 Primary Responsibilities
- Analyze and document existing business processes to identify areas for improvement, efficiency gains, and risk reduction.
- Develop comprehensive business cases for proposed process changes, clearly outlining benefits, costs, and implementation timelines.
- Design and implement process improvement and transformation initiatives, ensuring alignment with Operational Excellence objectives.
- Collaborate with Line of Business partners and integrated technology teams to gather requirements, ensure transparency, and drive solution execution.
- Apply process engineering best practices and reusable technology solutions to establish a model for continuous process improvement.
- Utilize analytics and critical thinking to solve complex business problems, translating issues into structured, design-oriented solutions.
- Support the development of enterprise change management deliverables, including project charters, SIPOC (Suppliers, Inputs, Outputs, Customers), RACI (Responsible, Accountable, Consulted, Informed) process maps, risk assessments, and control plans.
- Manage and mentor junior associates, fostering a culture of continuous improvement and data-driven decision-making.
- Champion Opportunity & Inclusion, ensuring a fair and respectful team environment.
- Act as an Enterprise Advocate and Communicator, clearly articulating the "why" behind initiatives and connecting contributions to business outcomes.
- Proactively identify, escalate, and resolve potential risks within operational processes.
- Develop team members through effective coaching and feedback, supporting talent mobility and career growth.
- Manage expenses and demonstrate an owner's mindset in financial stewardship.
- Drive business outcomes through effective team management, structure, and routines.
📝 Enhancement Note: The inclusion of "Managerial Responsibilities" indicates that this "Consultant I" role may involve direct reports or team leadership, which is common for roles with "Consultant" in the title at larger organizations. This elevates the expected level of influence and strategic thinking beyond a pure individual contributor. The emphasis on "Enterprise Advocate & Communicator" and "Risk Manager" highlights the need for strong stakeholder management and a proactive approach to risk within operational frameworks.
🎓 Skills & Qualifications
Education: While not explicitly stated, a Bachelor's degree in Business Administration, Industrial Engineering, Operations Management, or a related field is typically expected for roles involving process design and consulting in a corporate environment.
Experience:
- 1+ year of experience in Mortgage, Vehicle, Servicing Operations, or Credit Assistance.
- Alternatively, 5-7 years of demonstrated analytical and problem-solving experience.
- Proven experience in process management, including analysis, design, and implementation.
Required Skills:
- Active Listening: Essential for understanding stakeholder needs and process nuances.
- Data Collection and Entry: Fundamental for gathering accurate process information.
- Process Mapping: Critical for visualizing and documenting current and future state processes.
- Project Management: Necessary for overseeing the execution of process improvement initiatives.
- Reporting: Required for communicating findings, progress, and outcomes.
- Continuous Improvement (Kaizen, Lean, Six Sigma principles): A core requirement for driving efficiency and quality.
- Critical Thinking: Vital for dissecting complex problems and identifying root causes.
- Data Visualization: Useful for presenting process flows and performance metrics effectively.
- Process Design: The primary skill for creating optimized workflows.
- Strategic Thinking: Needed to align process improvements with broader business objectives.
- Administrative Services: Basic organizational and support skills.
- Business Process Analysis (BPA): The foundational skill for this role.
- Process Effectiveness: Ability to measure and improve process outcomes.
- Process Performance Measurement: Capability to define KPIs and track process health.
- Process Simplification: Focus on reducing complexity and waste.
- Strong written and oral communication skills, including presentation skills.
- Ability to manage multiple priorities simultaneously.
- Goal-driven and results-oriented.
Preferred Skills:
- In-depth knowledge of Mortgage, Vehicle, Servicing Operations, or Consumer Collection regulations, policies, and procedures.
- Experience with Lean Six Sigma methodologies (Green Belt or Black Belt certification would be advantageous).
- Proficiency in process modeling tools (e.g., Visio, Lucidchart, ARIS).
- Experience with enterprise change management frameworks.
- Data analytics tools (e.g., Tableau, Power BI, Excel advanced functions).
- Familiarity with Agile methodologies for project execution.
📝 Enhancement Note: The "Required Qualifications" section explicitly mentions "1+ year of Mortgage, Vehicle, Servicing Operations or Credit Assistance experience" or "5-7 years of experience" for analytical/problem-solving skills. This indicates a blend of domain-specific experience and general process/analytical acumen is valued. The list of "Skills" provided in the raw description is extremely comprehensive and directly maps to the core functions of a process consultant.
📊 Process & Systems Portfolio Requirements
Portfolio Essentials:
- Documented case studies showcasing successful process improvement initiatives, detailing the problem, your approach, implemented solutions, and quantifiable results (e.g., cost savings, efficiency gains, error reduction).
- Examples of process maps (e.g., SIPOC, RACI, swimlane diagrams) created using standard notation, demonstrating your ability to visualize complex workflows.
- Business case documentation that clearly articulates the problem, proposed solution, expected ROI, and key performance indicators (KPIs).
- Evidence of implementing solutions that mitigate risks and improve controls within operational environments.
- Examples of how you have leveraged data analysis to drive process design decisions and measure impact.
Process Documentation:
- Ability to create clear, concise, and actionable process documentation for various audiences, from subject matter experts to executive stakeholders.
- Experience in developing and maintaining process repositories or knowledge bases.
- Familiarity with standard process documentation templates and best practices for change management deliverables.
- Demonstrated ability to translate complex operational procedures into easily understandable flowcharts and narratives.
📝 Enhancement Note: While a formal "portfolio" isn't explicitly requested in the original listing, the responsibilities and skills listed (Process Mapping, Process Design, Business Process Analysis, Project Management) heavily imply that candidates will need to demonstrate their capabilities through examples. This section infers the types of evidence that would be most impactful for such a role, focusing on demonstrable outcomes and structured documentation.
💵 Compensation & Benefits
Salary Range: For a Process Design Consultant I in Phoenix, Arizona, with 2-5 years of experience in a large financial institution like Bank of America, the estimated annual salary range is typically between $70,000 and $95,000 USD. This range can vary based on specific experience, qualifications, and the internal leveling of the role.
Benefits:
- Comprehensive Health, Dental, and Vision Insurance: Covering medical, dental, and vision needs for employees and eligible dependents.
- Retirement Savings Plan: Including a 401(k) plan with company matching contributions to support long-term financial planning.
- Paid Time Off (PTO): Generous vacation, sick leave, and paid holidays to promote work-life balance.
- Employee Stock Purchase Plan (ESPP): Opportunity to purchase company stock at a discounted rate.
- Life and Disability Insurance: Providing financial protection in case of unexpected events.
- Tuition Reimbursement and Professional Development: Support for continuing education and skill enhancement relevant to career growth.
- Employee Assistance Program (EAP): Confidential counseling and support services for personal and professional challenges.
- Wellness Programs: Initiatives focused on promoting physical, mental, and financial well-being.
- Commuter Benefits: Assistance for transportation costs to and from the workplace.
Working Hours: 40 hours per week, typically within the 1st shift (United States of America). Bank of America emphasizes an in-office culture with an appropriate level of flexibility based on role-specific considerations, suggesting a hybrid work arrangement.
📝 Enhancement Note: Salary is estimated based on industry benchmarks for similar roles in Phoenix, Arizona, considering the "I" designation and the 2-5 year experience range. Bank of America, as a large financial institution, is known to offer a robust benefits package, which has been detailed based on common offerings for such companies. The "Hybrid" work arrangement is inferred from the "in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility" statement.
🎯 Team & Company Context
🏢 Company Culture
Industry: Financial Services (Banking) Company Size: Over 100,000 employees. Bank of America is one of the world's largest financial institutions, offering extensive career development and stability. Founded: 1998 (through the merger of BankAmerica and NationsBank), with roots tracing back to 1874. This long history signifies a stable and established corporate environment.
Team Structure:
- This role likely sits within an Operations group focused on process optimization, efficiency, or business transformation.
- The team may be structured around specific business lines (e.g., Mortgage Operations, Servicing Operations) or a central Operational Excellence/Process Improvement function.
- There will be significant cross-functional collaboration with business leaders, technology teams, risk management, and potentially compliance departments.
- As a "Consultant I," the role may report to a Process Design Manager or Director, with potential for managing junior analysts or consultants.
Methodology:
- Data-driven decision-making is a cornerstone, requiring the use of analytics to identify issues and measure impact.
- Application of process engineering best practices, likely including elements of Lean and Six Sigma for efficiency and quality.
- Structured problem-solving methodologies to dissect challenges and develop robust solutions.
- Emphasis on continuous improvement and establishing sustainable process enhancements.
- Change management principles are applied to ensure successful adoption of new processes and technologies.
Company Website: https://www.bankofamerica.com/
📝 Enhancement Note: The company description and size indicate a highly structured, process-oriented environment with a strong emphasis on risk management, compliance, and efficiency. The "Responsible Growth" ethos suggests a strategic and ethical approach to business operations.
📈 Career & Growth Analysis
Operations Career Level: This is an entry to mid-level individual contributor role with potential leadership responsibilities ("Consultant I" and "Managerial Responsibilities"). It's a foundational position for a career in operations consulting, process improvement, or business analysis within a large enterprise.
Reporting Structure: The role likely reports to a Process Design Manager or Director, who oversees a portfolio of process improvement initiatives. The individual will work closely with various Line of Business partners, interacting with stakeholders at different levels of the organization.
Operations Impact: The primary impact of this role is on improving operational efficiency, reducing costs, enhancing quality, and mitigating risks within the bank's various operational units. By optimizing processes, this role directly contributes to the bank's ability to deliver services more effectively, manage risk prudently, and achieve its "Responsible Growth" objectives.
Growth Opportunities:
- Specialization: Deepen expertise in specific operational areas (e.g., Mortgage Operations, Servicing, Credit Assistance) or in advanced process methodologies (e.g., Lean Six Sigma Black Belt, Agile coaching).
- Leadership: Progress to a Process Design Manager or Senior Consultant role, taking on more complex projects and managing larger teams.
- Cross-Functional Moves: Transition into roles within Business Analysis, Project Management, Risk Management, or specific operational line of business management.
- Continuous Learning: Access to Bank of America's extensive learning and development resources, including certifications and workshops, to stay current with industry best practices and technologies.
📝 Enhancement Note: The "I" designation and the blend of individual contributor and potential management duties suggest a role designed for individuals looking to grow within a structured corporate environment. The growth paths are typical for large organizations, offering both vertical advancement and lateral movement opportunities.
🌐 Work Environment
Office Type: Bank of America promotes an in-office culture. This role is designated as Hybrid, meaning it requires a presence in the office for a significant portion of the week, with flexibility for remote work as business needs and role considerations allow.
Office Location(s): The primary location is Phoenix, Arizona. However, the posting lists alternative locations including Newark, New Jersey; Fort Worth, Texas; Greensboro, North Carolina; and Tampa, Florida, indicating potential for relocation or transfer to these hubs.
Workspace Context:
- The workspace will likely be a professional office environment within one of Bank of America's corporate campuses.
- It will be conducive to collaboration, with opportunities for team meetings, brainstorming sessions, and one-on-one discussions with colleagues and stakeholders.
- Access to standard office technology, including computers, communication tools (e.g., Microsoft Teams, email), and potentially specialized process modeling software.
- The environment encourages a structured approach to work, with clear reporting lines and established operational procedures.
Work Schedule: The standard work schedule is 40 hours per week, typically during the 1st shift (daytime hours). While hybrid, the expectation is to align with core business hours for effective collaboration with on-site and remote team members.
📝 Enhancement Note: The emphasis on "in-office culture" and "hybrid" arrangement is crucial for candidates to understand the expected work dynamic. This isn't a fully remote role, and physical presence in the office will be a requirement, likely for collaboration, team cohesion, and client/stakeholder engagement.
📄 Application & Portfolio Review Process
Interview Process:
- Initial Screening: A recruiter or hiring manager will review your application and resume to assess basic qualifications and experience. Be prepared to highlight your process improvement experience and relevant domain knowledge.
- Behavioral and Situational Interviews: Expect questions designed to assess your soft skills, problem-solving approach, and how you handle specific work scenarios. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
- Technical/Process Deep Dive: An interview with the hiring manager or team members to discuss your experience with process analysis, design, mapping tools, and methodologies (e.g., Lean, Six Sigma). Prepare to walk through examples of past projects.
- Case Study or Presentation: You may be asked to complete a take-home assignment or a live case study focused on analyzing a hypothetical process and proposing improvements. This is where your portfolio examples will be invaluable.
- Final Interview: Potentially with a senior leader to assess cultural fit, strategic thinking, and overall suitability for the role and the company.
Portfolio Review Tips:
- Quantify Achievements: For each project in your portfolio, clearly state the problem, your specific role, the actions you took, and most importantly, the measurable results (e.g., "Reduced processing time by 15%," "Decreased error rate by 20%," "Achieved $50k in annual cost savings").
- Showcase Process Artifacts: Include examples of process maps (SIPOC, RACI, flowcharts), business case summaries, and change management documentation. Ensure these are well-organized and visually clear.
- Tailor to the Role: Highlight projects that align with financial services, operations, or process improvement in large organizations. If you have experience in Mortgage, Vehicle, or Servicing Operations, emphasize this.
- Explain Your Thought Process: Be ready to articulate why you made certain design choices, the trade-offs you considered, and how you involved stakeholders.
- Keep it Concise: Focus on 2-3 high-impact projects that best represent your skills and accomplishments.
Challenge Preparation:
- Process Analysis: Practice analyzing a complex, multi-step process. Identify potential bottlenecks, inefficiencies, and risks.
- Solution Design: Develop logical, actionable solutions that address the identified issues, considering feasibility, cost, and impact.
- Stakeholder Management: Prepare to discuss how you would communicate with different stakeholders (e.g., business leaders, IT, end-users) to gather information, gain buy-in, and manage resistance to change.
- Metrics and KPIs: Be ready to propose relevant metrics to measure the success of your proposed process improvements.
📝 Enhancement Note: The "Consultant I" title and the nature of process improvement work in a large, regulated industry like banking suggest a structured interview process that will likely include behavioral, technical, and potentially a case study component. A well-prepared portfolio is essential to demonstrate practical application of skills.
🛠 Tools & Technology Stack
Primary Tools:
- Process Modeling Software: Proficiency in tools like Microsoft Visio, Lucidchart, or ARIS is highly likely for creating process maps and flowcharts.
- Project Management Tools: Familiarity with platforms such as Jira, Asana, or Microsoft Project for tracking initiative progress.
- Collaboration Suites: Extensive use of Microsoft Office Suite (Word, Excel, PowerPoint), and collaboration platforms like Microsoft Teams or Slack for communication and documentation.
Analytics & Reporting:
- Spreadsheet Software: Advanced Excel skills (pivot tables, VLOOKUP, macros) are essential for data analysis and reporting.
- Business Intelligence (BI) Tools: Experience with tools like Tableau, Power BI, or QlikView for creating dashboards and analyzing performance trends.
- Database Querying: Basic SQL knowledge might be beneficial for extracting data from operational systems.
CRM & Automation:
- CRM Systems: While not directly customer-facing, understanding CRM principles (e.g., Salesforce, internal banking CRMs) can be helpful for understanding customer interaction points in processes.
- Workflow Automation Tools: Familiarity with concepts of Robotic Process Automation (RPA) or business process management (BPM) suites could be advantageous.
- Integration Tools: Understanding how different systems connect within an enterprise environment.
📝 Enhancement Note: As a large financial institution, Bank of America would leverage a wide array of enterprise-grade tools. While specific tools aren't listed, the types of operations and process analysis responsibilities dictate a need for strong proficiency in standard office productivity, process modeling, and data analysis software.
👥 Team Culture & Values
Operations Values:
- Responsible Growth: A core company value emphasizing ethical conduct, client focus, and sustainable business practices. Operations professionals are expected to contribute to growth in a controlled and responsible manner.
- Customer Focus: Ensuring that process improvements ultimately benefit clients by enhancing service quality, reducing errors, and improving overall experience.
- Data-Driven Decisions: A strong emphasis on using data and analytics to identify problems, propose solutions, and measure the impact of process changes.
- Efficiency and Simplicity: A drive to streamline operations, reduce complexity, and eliminate waste in processes.
- Risk Management: A paramount value in banking; all process changes must consider and mitigate potential risks and ensure compliance.
- Inclusion and Diversity: Creating an environment where all team members feel valued, respected, and have opportunities to contribute and grow.
Collaboration Style:
- Cross-Functional Integration: Expect to work closely with individuals from various departments (e.g., IT, Risk, Compliance, Business Units) to gather input and implement solutions.
- Structured Communication: Communication is generally professional and follows established channels. Clear and concise articulation of ideas is valued.
- Feedback Exchange: A culture that encourages constructive feedback to drive continuous improvement, both in processes and personal development.
- Teamwork: Collaborative efforts are key to successfully implementing complex process changes, requiring strong interpersonal skills and a willingness to support colleagues.
📝 Enhancement Note: Bank of America's stated values, particularly "Responsible Growth" and a strong focus on risk and compliance, will heavily influence the operational culture. Process improvements must align with these overarching principles.
⚡ Challenges & Growth Opportunities
Challenges:
- Navigating Bureaucracy: In a large organization, implementing change can be complex due to established processes, multiple stakeholders, and approval layers.
- Data Availability and Quality: Accessing clean, reliable data for analysis can sometimes be challenging in large, disparate systems.
- Resistance to Change: Overcoming inertia and potential resistance from individuals or teams accustomed to existing processes requires strong change management and influencing skills.
- Balancing Efficiency with Risk/Compliance: Finding the optimal balance between streamlining processes for efficiency and ensuring robust controls and regulatory adherence.
- Keeping Pace with Technology: The rapid evolution of technology requires continuous learning to leverage new tools for process automation and optimization.
Learning & Development Opportunities:
- Formal Training Programs: Access to extensive internal training on process methodologies (Lean, Six Sigma), project management, change management, and leadership skills.
- Certifications: Opportunities to pursue industry-recognized certifications in areas like Lean Six Sigma, Certified Business Process Associate (CBPA), or project management.
- Mentorship Programs: Participation in formal or informal mentorship programs to gain guidance from experienced professionals within the organization.
- Exposure to Diverse Operations: Working across different business units provides broad exposure to various operational challenges and solutions within the financial services industry.
- Leadership Development: For those demonstrating potential, there are pathways to develop leadership capabilities and manage teams.
📝 Enhancement Note: The challenges outlined are typical for process improvement roles in large, established corporations. The growth opportunities are a significant draw for candidates seeking a structured career path with ample learning resources.
💡 Interview Preparation
Strategy Questions:
- Process Improvement Strategy: "Describe a time you identified a significant inefficiency in a process. What steps did you take to analyze it, what was your proposed solution, and what was the outcome?" (Focus on your structured approach, data utilization, and quantifiable results.)
- Stakeholder Collaboration: "How do you approach gaining buy-in from stakeholders who are resistant to change? Provide an example of a challenging stakeholder interaction and how you managed it." (Highlight your communication, negotiation, and influencing skills.)
- Problem-Solving: "Walk me through a complex business problem you faced. How did you break it down, what analytical tools did you use, and what was your recommended solution?" (Demonstrate logical thinking and analytical rigor.)
Company & Culture Questions:
- Understanding Bank of America's Operations: "What interests you about working in operations at a financial institution like Bank of America, and what do you understand about our focus on Responsible Growth?" (Show you've researched the company and align with its values.)
- Teamwork and Collaboration: "Describe your ideal team environment. How do you contribute to a positive and productive team dynamic?" (Align your answer with the company's emphasis on inclusion and collaboration.)
- Impact Measurement: "How do you measure the success of a process improvement initiative beyond just efficiency gains? What other factors do you consider?" (Show awareness of broader business impacts like risk reduction, quality, and customer satisfaction.)
Portfolio Presentation Strategy:
- Structure Your Narrative: For each portfolio example, use a clear story arc: the initial problem/opportunity, your specific actions and methodology, the implemented solution, and the quantifiable results.
- Visualize Your Work: Be prepared to share screen and walk through process maps, dashboards, or other visual artifacts that demonstrate your design and analytical capabilities.
- Focus on "Why": Explain the rationale behind your design choices and analytical approaches. This demonstrates critical thinking and strategic alignment.
- Quantify Everything Possible: Numbers speak louder than words. Ensure your results are clear, specific, and impactful (e.g., percentages, dollar amounts, time saved).
- Be Ready for Questions: Anticipate questions about your methodology, challenges encountered, alternatives considered, and how you would apply similar approaches to new problems.
📝 Enhancement Note: Bank of America, as a major financial institution, will likely have a thorough interview process. Demonstrating a structured approach to problem-solving, strong analytical skills, and an understanding of the financial services environment (especially risk and compliance) will be key. A well-prepared portfolio is your best tool to showcase practical application.
📌 Application Steps
To apply for this operations position:
- Submit your application through the provided link on the Bank of America careers portal.
- Resume Customization: Tailor your resume to highlight experience in process analysis, design, improvement, and project management. Quantify achievements with specific metrics and use keywords from the job description (e.g., Operational Excellence, process mapping, continuous improvement, risk mitigation).
- Portfolio Preparation: Gather 2-3 key examples of your process improvement work. For each, prepare a concise summary including the problem, your solution, methodology, and quantifiable results. Be ready to present these visually.
- Interview Practice: Conduct mock interviews to practice answering behavioral and situational questions using the STAR method. Prepare to discuss your process design philosophy and how you approach problem-solving in operations.
- Company Research: Familiarize yourself with Bank of America's mission, values (especially Responsible Growth), and recent news. Understand the general landscape of financial services operations and regulatory considerations.
⚠️ Important Notice: This enhanced job description includes AI-generated insights and operations industry-standard assumptions. All details should be verified directly with the hiring organization before making application decisions.
Application Requirements
Candidates should have at least 1 year of experience in Mortgage, Vehicle, Servicing Operations, or Credit Assistance, or possess strong analytical skills demonstrated by 5-7 years of experience. Strong communication and leadership skills, along with process management experience, are also required.