Liquidity Treasury Product Manager I

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and 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.

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

Job Description Summary:

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.

We have an exciting opportunity for a Cash Concentration Product Manager which will be a part of the North America Product team. The Product Manager should have strong product management skills and work cross-functionally with internal business partners to manage and enhance the product set.  You will be responsible for the design, execution and day to day management of the product.

Responsibilities:

The Liquidity Product Team in GPS is responsible for managing over $500B of corporate and commercial deposits across ~40 different currencies. The team covers deposit strategy, deposit pricing, deposit appetite, product development and product management - including sweeps, zero balance accounts, physical cash concentration and multi-currency notional pooling.  The team also supports large/complex liquidity deals, drives liquidity thought leadership, analyzes the impact of monetary policy on wholesale banking and leads the GPS response to regulatory changes/inquiries.

The Liquidity Product Management team is responsible for managing a core set of Liquidity Products as well as developing new products and capabilities in the Liquidity Product space.  The team seeks to empower and enable the organization through data enablement and product development while managing the end-to-end product lifecycle, including ideation of new capabilities, creating a global product vision with corresponding Product roadmaps.

Required Qualifications:

• Liquidity and Cash Management products or like product management experience, including end to end Risk management experience.

• Manage products through the product lifecycle, including risk management

• Breakdown problems, develop collaborative solutions, and drive results

• Delivering and leading cross functional projects experience

• Must think strategically and make sound judgment calls

• Mentor junior colleagues

• Collaborative working habits

• Comfortable interacting with senior colleagues throughout the organization

• Treasury Management (Global Payments Solutions) understanding

• MS Office, Word, Excel and PowerPoint to support analytical and presentation proficiency

Desired Qualifications:

• Making and communicating product roadmaps experience

• Enterprise Single Process Inventory (SPI framework) knowledge

• Product development in an agile framework knowledge

• End-to-end project delivery experience

• Lead, influence and persuade others

• Global Liquidity / Cash Management Structuring experience

Minimum Education Requirements: BA degree or equivalent work experience

Skills:

• Intellectual Skills

• Analytical Skills

• Problem Solving 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.