VP - GPS Liquidity, Liquidity Product Manager
New York, New York;Charlotte, North Carolina
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!
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 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 Global Liquidity Product Management and Development 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.
We are seeking a Liquidity Product Manager that will be a part of the Cash Concentration 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.
The ideal candidate will lead and coordinate efforts to ensure our approach to product risk management is consistent and effective across the team. Additionally, have experience identifying business development opportunities, developing a strategy and vision for the product, and executing on it while ensuring clear communication with stakeholders across the organization.
Job Requirements:
Bachelor's Degree or equivalent work experience
2+ years of experience in Liquidity and Cash Management products
Familiarity managing products through the product lifecycle, including risk management
Ability to breakdown problems, develop collaborative solutions, and drive results
Experience delivering and leading cross functional projects
Intellectually curious and have strong analytical and problem solving skills
Must think strategically and make sound judgment calls
Ability to mentor and manage junior colleagues
Calaborative working habits
Comfortable interacting with senior colleagues throughout the organization
Understanding of Treasury Management (Global Payments Solutions) business
Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs
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.
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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
