Treasury Product Manager

Bank of America; New York (NY); On-site; USD 105,000 - 167,000; Full time

Job summary

An established industry player is seeking motivated individuals to shape the future of treasury management. In this dynamic role, you will leverage technology to deliver innovative payment solutions while advocating for clients. Collaborate with diverse teams to enhance product offerings and drive revenue growth. Your expertise in banking and risk management will be pivotal in navigating the competitive landscape. Join a forward-thinking company that values initiative and offers industry-leading benefits, empowering you to make a meaningful impact in the financial sector.

Benefits

Paid Time Off

Industry-leading Benefits

Discretionary Incentive Plan

Qualifications

• 5+ years in banking, focusing on payments and risk management.
• Strong analytical skills and ability to work independently.

Responsibilities

• Evaluate competitive landscape for B2B and B2C payments.
• Drive revenue growth initiatives and manage product profitability.

Skills

Banking Experience

Risk Management

Product Management

Analytical Skills

Interpersonal Skills

Organizational Skills

Presentation Skills

Communication Skills

Education

Bachelor's Degree

Tools

Microsoft Excel

Microsoft PowerPoint

Tableau

Job description

At Bank of America, each day brings innovation and opportunity. 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 leading-edge payments services using U.S. Real-Time Payments and other value-add 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.

Job Responsibilities:

Business Management and Performance:

Continuously evaluate the competitive landscape for both the B2B and B2C payments environment through regular engagement with other internal Lines of Business (Emerging Payments, Retail, Card, Trade, GWIM, Markets, Sales, Marketing, etc.) as well as external Networks (e.g., The Clearing House) and Industry Working Groups in support of the corporate instant payments landscape

Identify themes, industries, use-cases for business development, to identify product enhancement opportunities and to support changes to improve product profitability and the client experience

Assist with the strategic roadmap and communicate internally with partners to ensure awareness and alignment of priorities

Assist with business cases to support changes to improve product profitability and the client experience

Drive revenue growth initiatives

Work closely with the Global Payments, Enterprise Payments and Retail product teams to explore B2C/C2B use cases, develop the client pipeline and support client deals

Product Development and Operational Management:

Evaluate, write requirements, develop and implement new products and feature functionality driven by VOC/VOA/competitive landscape

Work closely with business partners – including Operations, Technology, Digital Channels and Sales – to evaluate, monitor and close operational issues

Work with Sales, Operations, Servicing and Fulfillment to manage existing client impacts and challenges to ensure high quality servicing and retention of clients

Engage in reviewing/understanding trends, remediation and mitigation, and projects related to the client experience as required

Job Qualifications:

Minimum 5 years of banking experience in payments, with a strong preference for experience with risk management, product management, product development and/or financial management responsibilities

Bachelor's Degree or equivalent work experience

Strong interpersonal and organizational skills

Demonstrated initiative, follow-through and the ability to work with limited supervision

Experience managing risk routines

Ability to quickly learn core capabilities including end-to-end operational and technology workflows and processes, client buying behavior by different segments

Experience analyzing and reporting business financials

Attention to detail and strong analytical skills

Strong presentation and communication skills

Strong in Microsoft Office suite skills, particularly with Excel and PowerPoint

Ability to work across multiple functional teams to set direction, enable sales activities / initiatives, drive and implement change, and solve problems preferred

Working knowledge/experience with Tableau a plus

Shift:

1st shift (United States of America)

Job Description:

At Bank of America, each day brings innovation and opportunity. 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 leading-edge payments services using U.S. Real-Time Payments and other value-add 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.

Job Responsibilities:

Business Management and Performance:

• Continuously evaluate the competitive landscape for both the B2B and B2C payments environment through regular engagement with other internal Lines of Business (Emerging Payments, Retail, Card, Trade, GWIM, Markets, Sales, Marketing, etc.) as well as external Networks (e.g., The Clearing House) and Industry Working Groups in support of the corporate instant payments landscape

• Identify themes, industries, use-cases for business development, to identify product enhancement opportunities and to support changes to improve product profitability and the client experience

• Assist with the strategic roadmap and communicate internally with partners to ensure awareness and alignment of priorities

• Assist with business cases to support changes to improve product profitability and the client experience

• Drive revenue growth initiatives

• Work closely with the Global Payments, Enterprise Payments and Retail product teams to explore B2C/C2B use cases, develop the client pipeline and support client deals

Product Development and Operational Management:

• Evaluate, write requirements, develop and implement new products and feature functionality driven by VOC/VOA/competitive landscape

• Work closely with business partners – including Operations, Technology, Digital Channels and Sales – to evaluate, monitor and close operational issues

• Work with Sales, Operations, Servicing and Fulfillment to manage existing client impacts and challenges to ensure high quality servicing and retention of clients

• Engage in reviewing/understanding trends, remediation and mitigation, and projects related to the client experience as required

Job Qualifications:

• Minimum 5 years of banking experience in payments, with a strong preference for experience with risk management, product management, product development and/or financial management responsibilities

• Bachelor's Degree or equivalent work experience

• Strong interpersonal and organizational skills

• Demonstrated initiative, follow-through and the ability to work with limited supervision

• Experience managing risk routines

• Ability to quickly learn core capabilities including end-to-end operational and technology workflows and processes, client buying behavior by different segments

• Experience analyzing and reporting business financials

• Attention to detail and strong analytical skills

• Strong presentation and communication skills

• Strong in Microsoft Office suite skills, particularly with Excel and PowerPoint

• Ability to work across multiple functional teams to set direction, enable sales activities / initiatives, drive and implement change, and solve problems preferred

• Working knowledge/experience with Tableau a plus

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$105,000.00 - $166,200.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.