Bank Of America Director Post Trade Product Manager 

United States, New York, New York 

253076326

Job Description:

Job Description:

The role requires post trade experience and the candidate to be deeply familiar with the end to end lifecycle of products and flows across all business units; including Cash Equities, Repo, Bonds, OTC Derivatives, Swaps, Rates, Commods, FX as well as possessing industry experience and knowledge of key post trade products and offerings.

This further entails having a deep understanding of the markets, clients and products associated with these products and functions. The successful candidate will be a core subject matter expert and a critical pillar in driving operational workflow enhancements, implementing best in class technology solutions and helping deliver meaningful change across the Global Markets infrastructure.

Role:

• Define Product strategy in close collaboration with Operations leads, Technology and Global Markets leadership
• Define detailed design requirements in conjunction with critical support partners. e.g. Technology, Sales & Trading, Compliance, Legal, Operations, ETRM, etc.
• Manage and govern key Global Markets investment initiatives
• Drive detailed analysis of priority products, clients and markets to establish product baselines, peer insights and commercial opportunities
• Establish coherent, well defined business cases and work with management to pitch investment opportunities
• Be an active participant in discussions and influence decisions around the end to end lifecycle and the strategic post trade architecture

• Work closely with Technology and Product partners to maintain oversight of our investments, progress and regulatory obligations

Responsibilities

• Own and drive Product strategy for Global Markets Post Trade functions;
  • Define and document business opportunities and pitch investment cases
  • Document requirements and ensure product delivery aligns to user requirements
  • Measure product baselines and define KPIs, SLOs, SLAs and other target metrics
  • Explore industry, client and competitor trends to ensure product remains relevant and forward looking
• Ensure the ongoing delivery of critical product as follows:

• Robust governance and management of core investments and priorities
• Work and collaborate with IT and Support partners
• Influence and shape future investment and design decisions in conjunction with management and business leads

Qualifications:

• Technology and Operations background with strong understanding of Cash Equities, Repo, Bonds, OTC Derivatives, Swaps, Rates, Commods and FX lifecycle
• Highly familiar with operational functions and workflows with a data driven and automation first mindset
• Experience delivering and driving technical solutions for Allocation, Confirmations, Booking, Netting, Settlement, Cash Payments, Collateral and Asset Servicing functions
• Comfortable managing diverse stakeholders and challenging status quo and current design principals
• Strong team work and ability to collaborate with others
• Excellent problem solver with an ability to work independently and comfortable working in a fluid environment with shifting priorities
• Highly motivated and strong desire to learn business and new technologies

Desired Qualifications:

• Experience with managing operational or system risk
• Some coding/scripting experience (with knowledge of best practices) in Java/Python preferred
• FINRA Series 7 and 63 registered
• Project Management certifications/Experience