Treasury Product Manager (Banknotes)

Bank of America, N.A.; Greater London; On-site; GBP 80,000 - 120,000; Full time

Benefits offered by this job

Private healthcare

Pension plan

Maternity leave

Paternity leave

Flexible benefits

Wellbeing resources

Job summary

Bank of America in London is seeking a Treasury Product Manager (Banknotes) to lead pricing, risk management and client coverage for the EMEA banknote portfolio. You will collaborate with the Regional Product Head, Sales, Credit, Compliance and Operations to deliver end‑to‑end banknote solutions for institutional clients.

This role requires 3–5 years of relevant experience, a strong understanding of wholesale banknote and FX markets, excellent English communication, and proficiency with Outlook,

Qualifications

• 3-5 years of experience in a similar role.
• Good understanding of wholesale banknote and FX markets.
• Excellent written and oral English communication.
• Proficient with Outlook, Excel, Word and PowerPoint.
• Strong relationship-building and collaboration skills.

Responsibilities

• Buy and sell foreign currency banknotes for EMEA-based institutional clients.
• Maintain client relationships by quoting and booking banknote transactions.
• Manage an end-to-end portfolio of clients in the region.
• Support inventory management for the EMEA region.
• Collaborate with Sales, Credit, Compliance and Operations on client relationships.
• Attend client meetings and analyze needs for banknote solutions.
• Use pricing models and support cost-benefit initiatives.
• Understand and apply the bank's risk framework with clients.
• Coordinate shipments with transportation agents regionally and globally.
• Work with vault and operations for end-to-end delivery.
• Present products and represent the product in discussions with stakeholders.

Skills

Banknote market knowledge

FX markets understanding

Relationship building

English fluency

Office tools proficiency

Job description

Job Description:

Company Overview

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Title: Treasury Product Manager (Banknotes)

Corporate Title: Analyst / Associate

Location: London, United Kingdom

Responsibilities

• - Buy and sell foreign currency banknotes in accordance with business objectives, client needs and established limits for EMEA-based institutional clients.
• - Maintain existing banknote client relationships by quoting and booking banknote transactions, answering incoming client calls and addressing client inquiries.
• - Responsible for a portfolio of clients in the region, and must have an end-to-end understanding of each client’s banknote activity.
• - Support inventory management activity for the EMEA region.
• - Work with the Regional Product Head, team-mates and business partners such as Sales, Credit, Compliance and Operations in managing client relationships, business development and process improvements.
• - Attend key client meetings and support Regional Product Head in analyzing client needs, promoting effective banknote solutions, and identifying cross-sell opportunities.
• - Utilize technical knowledge to run pricing/cost benefit models and execute on pricing and expense management initiatives.
• - Understand and apply the bank’s risk framework when dealing with clients.
• - Liaise with transportation agents to coordinate shipments to and from clients and partners regionally and globally.
• - Collaborate with vault and operations personnel to facilitate end-to-end delivery in the most efficient manner.
• - Conduct internal and external product presentations, and act as product representative in discussions with stakeholders and clients.

What we are looking for

Minimum 3-5 years’ working experience, preferably in a similar role.

• - Good understanding of the international wholesale banknote and FX markets.
• - Excellent written and oral communication skills in English. Other language skills desired but not essential.
• - Good practical knowledge of Office applications including Outlook, Excel, Word and Powerpoint.
• - Strong relationship building skills to drive both internal and external (client/vendor) engagement.
• - Ability to function effectively in a fast-paced environment as a team player and individual contributor.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Benefits:

UK- 2026

• - At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• - Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• - Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• - We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• - The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work etc.
• - Use of a flex fund to use towards benefits
• - Access to an emotional wellbeing helpline, and virtual GP services
• - Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• - Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• - Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• - Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

“We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.”

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.