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Treasury Product Manager - US Payments Strategy and Commercialization

Logo of Bank of America

Bank of America

On-site

On-site

Regular employment

8 - 15 years of experience

Full Time

New York, United States

Responsibilities

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 leading-edge payments services using U.S. Real-Time Payments and other value-add 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. 

Job Responsibilities:

With the increase use of digital payment channels and alternative payment rails, the ability to offer corporate customers convenient and always available methods to initiate disbursements to their customers is becoming increasingly important.  Whether it is the utilization of real-time payments with traditional credentials or the use of an alias with Zelle, consumers continue to look for choice and convenience when conducting their business.  This combined with the continued need to move away from paper to digital payments makes a strong case for digital B2C products that enable safe, secure, and always on payments. This role will report to the head of US Payments and have specific responsibilities including:

  • Continuously evaluate the competitive landscape for the payments environment with a focus on B2C through regular engagement with other internal Lines of Business as well as external Networks  and Industry Working Groups in support of the corporate instant payments landscape.

  • Develop commercial B2C strategy by evaluating existing assets and developing a roadmap that includes synergies, opportunities for streamlining, and recommendations on future product roadmap enhancements.

  • Assist with management of investment planning process across US Payments Products; including support of financial plans and forecasts by coordinating across individual product manager.

  • Work closely with the Global Payments, Enterprise Payments and Retail product teams to explore B2C/C2B use cases, develop the client pipeline and support client deals.

  • Develop commercialization strategy for both core offerings and B2C products to help drive growth and revenue.

Job Requirements:

  • Minimum 8 years of banking experience in payments, with a strong preference for experience with risk management, product management, product development and/or financial management responsibilities

  • Bachelor's Degree or equivalent work experience

  • Strong interpersonal and organizational skills

  • Demonstrated initiative, follow-through and the ability to work with limited supervision

  • Outstanding creative and analytical thinker

  • Ability to quickly learn core capabilities including end-to-end product value propositions and client buying behavior by different segments

  • Payments and/or transaction services experience

  • Attention to detail and strong analytical skills

  • Strong presentation and communication skills

Additional Preferred Skills:

  • Ability to work across multiple functional teams to set direction, enable sales activities / initiatives, drive and implement change, and solve problems

  • Familiarity with Zelle, PayPal, Venmo, and digital wallets

  • Pervious consulting experience

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 - $250,000.00 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.

Required skills

Analytical Skills
Communication Skills
Financial Risk Management
Interpersonal Skills
Product Development
Product Management
Risk Management
Processing payments
Organizational Skills
English
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