Bank of America Manager New Product Development – Institutional Retirement in Jersey City, New Jersey

Job Description:

Business Overview:

Retirement & Personal Wealth Solutions (RPWS) serves the core financial needs of individual clients and plan participants by connecting our capabilities across the firm. RPWS is responsible for the development and execution of a comprehensive set of personal wealth and retirement products and services through Banking, Merrill Edge and Advisory channels. RPWS provides tools and content that enables financial advisors and bankers to help their client’s live better financial lives.

Job Description:

Will lead development efforts for strategic initiatives and client performance reporting to execute on the Institutional Retirement Investment Product and Health Benefits Growth strategy. Will be responsible for the strategic roadmap for features that brings innovations to our customers and guide strategic direction of the offering

Responsibilities include:

  • Execute on delivering capabilities that support Investment and Health Benefits strategic initiatives

  • Synthesize and drive product strategy and build and manage an actionable product roadmap

  • Spearhead, strengthen, and oversee production of Performance Reporting and tools that support Institutional Retirement product suite

  • Manage strategic vendor relationships, contract commitments, and technology releases

  • Define and oversee technical, user acceptance and client experience testing

  • Facilitate business requirements, and manage change control and defect management processes

  • Evaluate complex systems, design solutions based on analysis, and work with technology to implement solutions and iterate

  • Play an active role in the formulation of the business/brands growth strategy and help define customer and product design

Required Skills:

  • Bachelor’s degree required

  • 10+ years of related financial services experience with a minimum of 5 years product development and/or performance reporting experience.

  • Product experience with large-scale enterprise systems or other business systems is a plus

  • Understanding of product/investment capabilities, Institutional Retirement, and Health Savings Accounts and the interconnections of the platform and firm abroad strongly preferred

  • Ability to execute detail oriented tasks in fast paced environment

  • Excellent project management skills and is able to manage complex projects.

  • Experience with management of direct employees is preferred

  • Strong interpersonal skills necessary to communicate complex information to a wide variety of personnel in a clear, concise and well-organized manner

  • Ability to manage conflict and bring issues to resolution

  • Knowledge and or experience drafting scope documents and or technical business requirements

Posting Date : 02/01/2018

Location :

Jersey City, NJ, 101 HUDSON ST (NJ2101),



  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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