Bank of America Global Trade Product Manager in Chicago, Illinois

Job Description:

JOB DESCRIPTION

  • Develop and implement a comprehensive open account product strategy that will sustain 25% YOY growth in a rapidly evolving market

  • Develop, manage and structure APF and other associated open account financing solutions, globally – Trade’s cornerstone working capital solution in Trade (and highest growth potential).

  • 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

  • Manage team of 3 North American supplier marketing officers, and develop a plan to further scale this team in anticipation of further growth

  • Help drive digital trade strategy in the APF space, including the evaluation of third-party partnership opportunities (leveraging third party FinTech partnerships when appropriate)

  • In close partnership with the Global and Regional Product teams, collaborate with Regional Trade Heads to execute on focused programs (e.g. Commercial Bank international growth strategy, OA/APF cross-currency payments strategy)

  • 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 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.

  • 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 SKILLS

  • Minimum of 10 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.

  • Demonstrated technical skills, and a strong desire to challenge the status quo, and embrace new technology, outside providers/channel partners to accelerate growth

  • Strong project management skills, with a demonstrated track-record in delivering projects per plan and on budget. Foundational credit experience.

  • Proven strategic and analytical abilities; strong client-facing presence, and excellent written and oral communication skills

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

DESIRED SKILLS

  • Advanced credit, risk, and structuring experience a plus

Posting Date : 10/05/2017

Location :

Chicago, IL, 135 S LA SALLE ST (IL4135),

New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK,

  • United States

Travel : Yes, 15% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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