Treasury Product Associate

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

This position is a critical part of the Global Revenue Management team, playing a vital role in the support of the deal pricing and portfolio pricing functions.  Responsibilities include, but are not limited to, the following: 

• Collaborate closely with business partners such as Sales, Product Management, Technology, Operations & Service to identify opportunities to improve operating margin and win business

• Prioritize and execute activities to successfully deliver Revenue Management objectives

• Improve portfolio transparency and competitive insights through advanced portfolio analyses, including industry research, trend identification, benchmarking, and cross-sell proliferation

• Leverage competitive intelligence to improve pricing strategies, simplify product price structures, and grow market share

• Support the delivery of special projects and investment initiatives, including the modernization of the pricing and billing ecosystem

 • Expand automation of critical tasks while strengthening business controls and identifying risks

Associate and Assistant Vice President candidates will be considered for this role.

Required Skills:

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds

Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities

Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo

Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge

• Bachelor degree required

• Strategic thinker with the ability execute short term goals

• Strong financial and analytical skills

• Strong interpersonal and organizational skills

• Ability to operate at both highly conceptual and at a very practical level

• High level of energy and desire to make an impact

• Computer and system literacy, including the Microsoft Office Suite, with Alteryx, Tableau, Macros and SQL experience a plus

Desired skills:

• Experience in transaction banking or product management capacity

• Knowledge of BofA GPS products, operations, technology and/or risk/compliance environment

• Prior experience with portfolio or client pricing concepts

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$95,000.00 - $105,000.00 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.