Sr Product Manager

Bank of America • Boston, MA

9d • $113,000 - $165,100 • Onsite

About The Position

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: This job is responsible for developing and managing the end-to-end product life cycle for highly complex products. Key responsibilities include conducting market research and competitor analyses, determining product pricing, developing short and long-term strategies, and identifying innovative opportunities to modernize product offerings and deliver a more unified customer experience. Job expectations include ensuring that product management efforts are integrated with sales, marketing, operations, implementation, and customer service strategies. This role is within the Transformation Portfolio Product Delivery Team within the Consumer and Small Business Products and Analytics organization. Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Requirements

• Demonstrated strategic planning/product management skills
• Strong analytical skills with breadth of view
• Negotiation skills
• 5+ years of relevant experience - Initiative Execution and/or Project Management Experience, Product Management background
• Demonstrated leadership skills in driving initiatives and effectively building consensus
• Ability to work with all levels of management and to work in cross functional teams
• Excellent oral, written, and executive communication skills
• Self-motivation, self-direction, organizational skills
• Knowledge of the Agile process and Bank of America project management methodologies and tools
• Following Risk Framework, ability to identify and escalate areas where additional controls are required
• Strong in Microsoft Office products (Word, Excel, PowerPoint, Project, Visio)

Nice To Haves

• Strong digital knowledge and experience
• Working knowledge and understanding of Consumer and Small Business Banking Products, Services and organizational structure
• Process design experience
• Knowledge across channels: Call Center, Financial Center and/or Digital channel
• Ability to juggle multiple priorities and deliverables efficiently
• Bachelor’s Degree; Masters a plus
• Skills: Collaboration Executive Presence Oral Communications Presentation Skills Problem Solving Attention to Detail Continuous Improvement Influence Product Management Strategic Thinking Innovative Thinking

Responsibilities

• Identifies and creates comprehensive plans for product development and deployment, including supporting the creation of sales training programs and marketing materials to educate clients and internal teams on product capabilities
• Oversees a set of products and maintains financials, including managing the investment profile and profit and loss (P&L) activities, such as revenue and profit margins
• Provides information on product trends to sales and marketing teams leveraging knowledge of product functionality, marketplace trends, and the competitive landscape
• Identifies opportunities to streamline or enhance product offerings to fit client's existing and future needs and support continued growth and operational excellence
• Manages risk through implementing and monitoring effective controls in partnership with key support partners
• Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors in order to develop products that solve client needs and ensure high adoption rates
• Develops and influences product strategy, driving products to provide comprehensive solutions across the bank

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level