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Treasury Product Manager II

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Bank of America

2021-12-03 09:01:04

Job location New York City, New York, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Job Description:

'Global Payments Product Manager - US Wires'
The US Wire Product Management team is responsible for end-to-end product management of US Wire Products, including Domestic, International, and Foreign Exchange Wires. This product is an offering within the bank's Global Transaction Services (GTS) payments business serving large corporate, middle market, eCommerce, special industries and multi-national clients.
The GTS payments business is a dynamic and growing area of the bank seeing considerable change, market growth, and investment. As a US Wire Product Manager, you will own and/or support various product management activities across all aspects of the product, including product development, risk management, pricing, strategy, issue management, client inquiries, and deal support.
Examples of duties:
• Drive execution of a critical product platform change project to comply with industry requirements and to stay competitive in the market
• Be the Product interface to industry bodies by representing the bank in multiple payments industry forums
• Perform the end-to-end aspects of US Wire product enhancement, from collecting voice of clients to prioritization, writing business requirements and to getting project approval for funding
• Support complex client deals
• Pricing strategy and deal-specific pricing
• Resolve escalated service issues
• Develop and maintain sales tools, client onboarding and collateral
• Remediate self-identified audit issues, transaction reviews and high-risk items
• Liaise with internal stakeholders across technology, compliance, risk, service, fulfillment and legal
• Interact with executive management team and run a governance routine with them
Behavior Qualifications:
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
Required Skills:
• Product management experience
• Understanding of Transaction Services business
• Wholesale payments and/or corporate wire experience
• Strong interpersonal and communication skills - verbal and written
• Strong quantitative and qualitative analytical skills
• Work across global and cross-functional teams
• Ability to identify issues, devise solutions, and engage right individuals for execution
• 5+ years of experience
• Bachelor's degree required
Desired Skills:
• Enjoy and thrive in a fast paced business environment with adequate sense of urgency
• Partner well and work in a team environment
• Ability to navigate ambiguity of industry requirements and translate it to concrete business requirements
• Knowledge in the operations of various wholesale payments infrastructures / global payments industry players
• Strong risk management focus

Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

'Global Payments Product Manager - US Wires'
The US Wire Product Management team is responsible for end-to-end product management of US Wire Products, including Domestic, International, and Foreign Exchange Wires. This product is an offering within the bank's Global Transaction Services (GTS) payments business serving large corporate, middle market, eCommerce, special industries and multi-national clients.
The GTS payments business is a dynamic and growing area of the bank seeing considerable change, market growth, and investment. As a US Wire Product Manager, you will own and/or support various product management activities across all aspects of the product, including product development, risk management, pricing, strategy, issue management, client inquiries, and deal support.
Examples of duties:
• Drive execution of a critical product platform change project to comply with industry requirements and to stay competitive in the market
• Be the Product interface to industry bodies by representing the bank in multiple payments industry forums
• Perform the end-to-end aspects of US Wire product enhancement, from collecting voice of clients to prioritization, writing business requirements and to getting project approval for funding
• Support complex client deals
• Pricing strategy and deal-specific pricing
• Resolve escalated service issues
• Develop and maintain sales tools, client onboarding and collateral
• Remediate self-identified audit issues, transaction reviews and high-risk items
• Liaise with internal stakeholders across technology, compliance, risk, service, fulfillment and legal
• Interact with executive management team and run a governance routine with them
Behavior Qualifications:
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
Required Skills:
• Product management experience
• Understanding of Transaction Services business
• Wholesale payments and/or corporate wire experience
• Strong interpersonal and communication skills - verbal and written
• Strong quantitative and qualitative analytical skills
• Work across global and cross-functional teams
• Ability to identify issues, devise solutions, and engage right individuals for execution
• 5+ years of experience
• Bachelor's degree required
Desired Skills:
• Enjoy and thrive in a fast paced business environment with adequate sense of urgency
• Partner well and work in a team environment
• Ability to navigate ambiguity of industry requirements and translate it to concrete business requirements
• Knowledge in the operations of various wholesale payments infrastructures / global payments industry players
• Strong risk management focus

Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description: 'Global Payments Product Manager - US Wires'
The US Wire Product Management team is responsible for end-to-end product management of US Wire Products, including Domestic, International, and Foreign Exchange Wires. This product is an offering within the bank's Global Transaction Services (GTS) payments business serving large corporate, middle market, eCommerce, special industries and multi-national clients.
The GTS payments business is a dynamic and growing area of the bank seeing considerable change, market growth, and investment. As a US Wire Product Manager, you will own and/or support various product management activities across all aspects of the product, including product development, risk management, pricing, strategy, issue management, client inquiries, and deal support.
Examples of duties:
• Drive execution of a critical product platform change project to comply with industry requirements and to stay competitive in the market
• Be the Product interface to industry bodies by representing the bank in multiple payments industry forums
• Perform the end-to-end aspects of US Wire product enhancement, from collecting voice of clients to prioritization, writing business requirements and to getting project approval for funding
• Support complex client deals
• Pricing strategy and deal-specific pricing
• Resolve escalated service issues
• Develop and maintain sales tools, client onboarding and collateral
• Remediate self-identified audit issues, transaction reviews and high-risk items
• Liaise with internal stakeholders across technology, compliance, risk, service, fulfillment and legal
• Interact with executive management team and run a governance routine with them
Behavior Qualifications:
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..... click apply for full job details

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