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Bank Of America Global Payments Solutions Pay Bank Product Manager 
United Kingdom, England, City of Westminster 
514569200

10.12.2024

Pay by Bank Product Manager

: Vice President or Director

Global Payments Solutions Group

Do you want to be part of our award-winning team? We are proud to:

  • Be a leading finance provider of treasury and cash management solutions

  • Deliver for over 100,000+ clients globally, including over 73% of the Global Fortune 500

  • Be at the forefront of delivering treasury solutions across all segments and all industries, from middle-market businesses to the world’s largest corporate and financial institutions

  • Provide a personalised service for our clients, backed with high-tech for their liquidity management, payments and receipts, trade and supply chain finance and FX and commercial card services

We want to hear from you if you are:

  • A highly-motivated individual

  • Has a client-centric focus who can advocate on their behalf

  • Can challenge the status quo

  • Collaborate with peers as well as having the ability to influence the conversation with diverse points of view

  • Innovative with forward-thinking ideas

Role Overview

As Product Manager, PayByBank, you will be spearheading the Bank’s effort to further commercialise its PayByBank offering as well as other innovative payments and receivables solutions.

Responsibilities

Responsibilities include, but are not limited to, the following:

  • Manage the regional PayByBank product offering, overseeing the product business case, client pipeline, development roadmap and go-to-market strategy.

  • Manage additional innovative and emerging payment-related products and propositions as determined.

  • Work with internal partners, clients, and external partners to identify opportunities to enhance the product offering, developing business plans and promoting the roadmap internally.

  • Ensure delivery of high-quality go-to-market materials including presentations, pitch materials, internal guidelines, case studies, etc.

  • Engage in management and oversight of external partner relationships supporting the delivery of the product suite.

  • Co-own and develop a pipeline of prospects, assisting with qualification, pitching, solutioning, technical expertise and onboarding.

  • Manage the product development pipeline, acting as a central player in development teams and projects.

  • Collaborate closely with a range of internal partners including Sales, Operations, Technology, Compliance and Legal to deliver sustainable solutions.

What we are looking for

  • Detailed knowledge and first-hand experience of marketing, selling, developing and/or managing PayByBank solutions.

  • In-depth understanding of the related transaction banking environment including key Financial Institutions, technology providers, platforms, and external market forces.

  • Knowledge of and experience in working with broader transaction banking products including payments, receivables and merchant services/acquiring.

  • Broad understanding of system infrastructure, Application Programming Interfaces (APIs), payment platforms, marketing and EMEA payment schemes.

  • Strong preference for experience in supporting and developing solutions in the large Corporate client space.

  • Experience as a Product Manager or equivalent role.

  • Extensive experience working with clients/end-users, including solutioning, pitching, consulting.

  • An existing industry network and experience of participation in thought leadership and/or public affairs.

  • Experience in business development, product innovation and/or technical product management.

  • Understanding of product risk, governance, and compliance requirements.

UK

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

  • 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

  • Access to an Employee Assistance Program for confidential support and help for everyday matters

  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.