Treasury Product Manager I

Posted:
10/15/2024, 5:00:00 PM

Location(s):
Charlotte, North Carolina, United States ⋅ North Carolina, United States ⋅ New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Product ⋅ Sales & Account Management

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. 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!

Job Description Details:

We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries.

We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology. 

This position is a critical part of the Global Revenue Management team, playing a vital role in the support of the deal pricing and portfolio pricing functions.

Responsibilities:

  • Collaborate closely with business partners such as Sales, Product Management, Technology, Operations & Servicing to identify opportunities to improve operating margin and win business.

  • Prioritize and execute activities to successfully deliver Revenue Management objectives, including the support of revenue growth and portfolio pricing/billing hygiene initiatives.

  • Support and streamline deal pricing processes, including maintenance and enhancements to the GPS pricing application(s)

  • Improve portfolio transparency and competitive insights through advanced portfolio analyses, including industry research, trend identification, benchmarking, and cross-sell proliferation.

  •  Enhance team succession and resiliency plans, including the continued automation of critical tasks, strengthening business controls, and identifying risks

  • Leverage competitive intelligence to improve pricing strategies, simplify product price structures, and grow market share.

Required Qualifications:

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds

Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities

Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo

Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge

  • Execute short term goals

  • Operate at both highly conceptual and at a very practical level

  • High level of energy and desire to make an impact

  • Computer and system literacy, including the Microsoft Office Suite, with Alteryx, Tableau, Macros and SQL experience a plus

Desired Qualification:

  • Transaction banking or product management capacity experience

  • BofA GPS products, operations, technology and/or risk/compliance environment knowledge

  • Portfolio or client pricing concepts experience

Minimum Education Requirements: Bachelor degree in business or equivalent work experience.

Skills:

  • Strategic Thinker

  • Financial Skills

  • Analytical Skills

  • Interpersonal Skills

  • Organizational Skills

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$105,000.00 - $166,200.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.