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:
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 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.
The Commercial Card Product Development team manages all platforms and applications within the commercial card business that ultimately drive how clients interact with our products and critically influence client experience. Global Reporting and Account Management (GRAM) is Bank of America's global card management platform that allows clients to centrally manage their cardholders' accounts, access reports, and oversee program controls. The application and its continued growth is a key contributor to our overall business strategy. The Commercial Card Product Manager for GRAM will be responsible for the strategy, development and launch of multiple, large-scale global card enhancements that form the multi-year product roadmap. They will work closely with stakeholders such as Product, Sales, Technology, Commercialization, and Operations to develop a strong understanding of client needs, drive solutions that increase our digital offering and deliver distinguished client experiences, and commercialize new capabilities as they are rolled out, maximizing the adoption and benefit of our investments.
Responsibilities:
Oversees a set of product(s) and maintains financial responsibility, including accountability for profit and loss activities such as revenue, profit margins, etc.
Identifies and creates plans for product development, supporting the creation of sales training programs, and marketing materials to educate clients and internal teams on product capabilities
Understands product functionality, marketplace trends, and the competitive landscape to provide awareness of trends to sales and marketing teams
Develops and/or influences product strategy, driving products in cash management to provide comprehensive solutions across the bank
Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors in order to develop products that solve client needs and ensure high adoption rates
Drives transaction and revenue growth and manages associated financial processes (i.e., forecast, monthly flash reporting, etc.)
Collaborates with internal technology subject matter experts and researches product-related trends in order to provide an integrated and automated client experience
Own the GRAM strategy and drive development and execution efforts against GRAM roadmap, bringing new capabilities to market at speed and scale and leading evolution to future state
Design and develop business requirements based on a true understanding of client needs, working closely with cross-functional partners to inform scope and solution design of new functionality
Manage projects through end-to-end product lifecycle, from idea to launch, ensuring on-time and on-budget delivery
Work with Technology partners and vendors through the agile development methodology, required governance and compliance approvals, and early risk identification and mitigation of issues
Manage strategic vendor relationship and cultivate strong working partnership, holding vendor accountable to the highest standard and driving continuous improvement and customer success
Partner with Commercialization team post-launch to spread awareness and excitement of new solutions and increase adoption and penetration
Day-to-day Product Owner and Subject Matter Expert of the GRAM application serving as the go-to product contact and managing and overseeing client requests, issues/escalations, stakeholder questions, and technical and operational tasks
Serve as an innovation champion and thought leader, identifying new opportunities for product enhancement as well as internal efficiencies and process improvements to help simplify and improve the client experience.
Required Qualifications:
Minimum of 6 years of experience in product management and/or development
Experience working in Commercial Card or Financial Services industry
Experience managing a critical, large-scale application and third party relationships
Good mix of both business and technical expertise
Multi-tasker with ability to successfully manage various projects simultaneously
Ability to work on cross-functional, global teams across multiple time zones and foster strong working relationships
Flexible and adaptable team player
Demonstrated leadership abilities
Work through complex challenges and project roadblocks, responding with the appropriate sense of urgency
Self-starter with a desire to succeed, elevating themselves and others they work with to deliver exceptional results
A passionate and motivated individual with a growth mindset and customer-focused
Desired Qualifications:
Bank of America or similar financial institution experience
Fintech offerings in the card industry experience
Agile development methodology experience
Skills:
Process Management
Product Design and Development
Product Management
Project Management
Strategy Planning and Development
Business Acumen
Innovative Thinking
Leadership Development
Performance Management
Oral Communications
Strategic Thinker
Presentation Skills
Persuasion Skills
Analytical Skills
Minimum Education Requirement: Degree preferred or equivalent work experience
Shift:
1st shift (United States of America)Hours Per Week:
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