Job Description:

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 a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Global Payment Solutions (GPS) provides liquidity management, payments and receipts, trade and supply chain finance, foreign exchange, and commercial card services to three million small businesses, thousands of middle market companies, and to multinational corporations, financial institutions, and governments around the world. 

As a Product Manager in the India Trade Product team, you will work as part of a team to successfully deliver the product strategy to India clients covering various client segments. Your role will include product development and commercialization, driving assets and revenue growth, cost management, risk management, meet and consult with clients towards client solutioning, active engagement with key stakeholders including compliance, operations, technology, legal etc.

Responsibilities:

Manage in-country products / solutions in terms of development, maintenance and active commercializationEngage with various stakeholders i.e., Sales, Corporate Treasury, Finance, Operations and Services to deliver on planned revenues and core driver growth year on year across client segmentsBuild and maintain positive working relationships with key local and regional business partnersMaintain overall product line knowledge, and stay abreast of industry trends, regulatory changes (from the government, industry and banking associations) and competitive offeringsManage BAU product with product competitor gap analysis, client pricing and P&L analysisBe responsible for the P&L of the products being managedWork closely with sales teams in structuring client centric solutions for deals and RFPsHelp ensure client deals (standard and non-standard) meet risk & compliance guidelinesDevelop product-training materials and sales toolsProvide training to Sales and other business partners, as neededMaintain a thorough understanding of all associated drivers and metricsIdentify and pre-qualify new ideas with India Trade Product head, provide subject matter expertise to new product development throughout the development life-cycle, as neededMaintain a thorough comprehension of the external market environment – competitive environment, market developments and trends, industry developments and mandatesActive participation in risk management forums

Skills:

Product Design, Development and ManagementProduct ManagementProject ManagementStrategy Planning and DevelopmentProcess ManagementPerformance ManagementBusiness AcumenInnovative ThinkingBusiness DevelopmentRelationship BuildingAgile PracticesProcess EffectivenessExcellent Communication skillsExpert knowledge of Indian regulatory landscape relevant to the trade product set

Minimum Education Requirement:

Master’s Degree with a min of 8-10 years of banking experience