Bank of America Global Trade Product Manager in Chicago, Illinois
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
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
- Advanced credit, risk, and structuring experience a plus
Posting Date : 10/05/2017
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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