Workplace Benefits Product Manager

Bank of America; Pennington (NJ); On-site; USD 86,000 - 111,000; Full time

Job summary

Bank of America in Pennington, NJ is seeking a Retirement Product Manager to monitor financial performance of our Retirement product and contribute with senior Product Managers on plans and enhancements.

You will gather data, coordinate activities, and communicate with internal stakeholders; the role requires Excel proficiency, project management, and strong communication.

This position offers a 40-hour work week in an in-office environment with competitive pay and benefits.

Qualifications

• Minimum 10 years experience, Workplace Benefits product experience preferred.
• Project management experience.
• Strong Excel background.
• Keen communication skills and highly organized.

Responsibilities

• Understanding the product and responding to inquiries from internal stakeholders
• Ability to work with Excel
• Day to day administration
• Communicating with stakeholders on product updates, training and reporting related topics
• Identifying processes requiring improvement or automation to mitigate risk to the business
• Identifying escalated items and working with management towards a timely resolution

Skills

Business Acumen

Data Management

Oral Communications

Presentation Skills

Written Communications

Benefits Plan Development

Business Analytics

Collaboration

Sales Performance Management

Stakeholder Management

Analytical Thinking

Benchmarking

Innovative Thinking

Problem Solving

Product Management

Education

High School Diploma / GED

Bachelor’s Degree or equivalent work experience

Tools

Excel

Job description

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

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

Job Description:

Responsibilities include monitoring financial performance of Retirement product, working with more senior Product Managers in developing product plans, strategies and enhancements, and performing data collection and coordination activities.

Responsibilities:

• Understanding the product and responding to inquiries from internal stakeholders
• Ability to work with Excel
• Day to day administration
• Communicating with stakeholders on product updates, training and reporting related topics
• Identifying processes requiring improvement or automation to mitigate risk to the business
• Identifying escalated items and working with management towards a timely resolution

Required:

• Minimum 10 years experience, Workplace Benefits product experience preferred
• Project management experience

Desired:

• Keen communication skills
• Highly organized
• Strategic in mindset and approach
• Strong Excel background

Skills:

• Business Acumen
• Data Management
• Oral Communications
• Presentation Skills
• Written Communications
• Benefits Plan Development
• Business Analytics
• Collaboration
• Sales Performance Management
• Stakeholder Management
• Analytical Thinking
• Benchmarking
• Innovative Thinking
• Problem Solving
• Product Management

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent. Bachelor’s Degree or equivalent work experience preferred.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range

$85,500.00 - $111,200.00 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.