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Treasury Product Executive - Traditional Trade Product Head

New York, New York;Chicago, Illinois; 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

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

Job Description:

This job is responsible for managing a major functional component of a key business in Product Management. Key responsibilities include collaborating with senior management to develop and sponsor core strategies across Bank of America and maintaining financial responsibilities, including forecasts of volume and revenue trends, product profitability, and components of product costs. Job expectations may include managing a team to ensuring that the product management efforts are integrated with sales, technology, implementation, and servicing.

Responsibilities:

• Manage P&L of Traditional Trade business, with a focus on both growth and maintenance opportunities.

• Serve as product capabilities expert and technical trade product expert. Support the complex, specialized trade needs as part of the deal team for large deals.

• Continuously benchmark existing solution set versus key competitors and integrate best practices into the product roadmap/investment prioritization.

• Collaborate with the global product management and regional product delivery teams on trade pricing to ensure market competitiveness and profitability.

• Identify product gaps/opportunities and drive innovative solutions to deliver industry-leading solutions to the broad BofA client base.

• Support Trade PSS/TSO’s to differentiate and WIN in the market (large, globally significant deals), as well as helping to drive trade and treasury cross-sell opportunities.

• In close partnership with Regional Product teams, collaborate to execute on focused programs (e.g., Commercial Bank international growth strategy, OAA and SCF cross-currency payments strategy)

• Work closely with Corporate Banking, Wholesale Credit, Operations, Compliance, Legal, and Risk partners to drive profitable, responsible growth while enforcing risk discipline/awareness and product suitability.

• In partnership with Marketing and Trade PSS execs, increase visibility of the Bank’s trade business by supporting execution of a comprehensive internal/external marketing campaign.

• Represent the Bank at Trade conferences and on industry working groups.

Required Qualifications:

• Senior professional with minimum of 15 years of Trade/Supply Chain product experience working for either bank, financial institution, or FinTech, with demonstrated record of increasingly broader roles in open account trade processing and financing products and/or other working capital products.

• Top-flight technical Trade expertise.

• Foundational credit experience.

• Strategic and analytical abilities.

• Partnering skills with sales, credit, and platform teams; proficient PC skills including Excel, Word, and PowerPoint

• Embrace new technology; engage with outside providers/channel partners to accelerate growth.

• Demonstrated track-record in delivering projects per plan and on budget.

Desired Qualifications:

• Industry leader with a proven track-record.

• A disruptor; not afraid to challenge the status quo.

• Fluent in other complementary forms of Trade Finance and Payments, sees a client through end-to-end delivery and execution.

Minimum Educational Requirements: BA Degree or equivalent work experience.

Skills:

• Business Development

• Executive Presence

• Leadership Development

• Performance Management

• Strategy Planning and Development

• Innovative Thinking

• Product Design and Development

• Product Management

• Relationship Building

• Business Acumen

• Oral Communications

• Organizational Effectiveness

• Process Effectiveness

• Project Management

• Client-facing presence

• Written and Oral Communication Skills

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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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.