Bank Of America Sr Product Manager 

United States, Delaware 

23915220

This job is responsible for developing and managing the end-to-end product life cycle for highly complex products. Key responsibilities include conducting market research and competitor analyses, determining product pricing, developing short and long-term strategies, and identifying innovative opportunities to modernize product offerings and deliver a more unified customer experience. Job expectations include ensuring that product management efforts are integrated with sales, marketing, operations, implementation, and customer service strategies.

Responsibilities:

• Identifies and creates comprehensive plans for product development and deployment, including supporting the creation of sales training programs and marketing materials to educate clients and internal teams on product capabilities
• Oversees a set of products and maintains financials, including managing the investment profile and profit and loss (P&L) activities, such as revenue and profit margins
• Provides information on product trends to sales and marketing teams leveraging knowledge of product functionality, marketplace trends, and the competitive landscape
• Identifies opportunities to streamline or enhance product offerings to fit client's existing and future needs and support continued growth and operational excellence
• Manages risk through implementing and monitoring effective controls in partnership with key support partners
• Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors in order to develop products that solve client needs and ensure high adoption rates
• Develops and influences product strategy, driving products to provide comprehensive solutions across the bank
• Begins with fact led hypothesis supported by social and industry trends and client behaviorconfirmed thru Voice of Client Research
• Makes recommendations in partnership with finance and develops a Business Case
• Collaborates with stakeholders to develop use cases to identify the design
• With technology and user experience, responsible for ensuring the translation of the business requirements meets the LOB vision
• Includes working with support partners to conduct market research and competitor analyses
• Develop short and long-term strategies/outlooks for assigned product(s), and designing and tailoring products to meet customers' needs

Qualifications:

• demonstrated strategic planning/product management skills
• 7-10 yrs of related exp.
• Proficiency with Microsoft Office (Excel & PowerPoint)
• Proficiency with data analysis and business reporting tools (Tableau & Micro Strategies)
• Related experience, preferably in product or digital related functions
• Process design experience
• Credit Card, SB Card, Deposits, Call Center, Financial Center and/or Digital channel knowledge

Skills:

• Collaboration
• Executive Presence
• Oral Communications
• Presentation Skills
• Problem Solving
• Attention to Detail
• Continuous Improvement
• Influence
• Product Management
• Strategic Thinking
• Business Analytics
• Innovative Thinking
• Market Analysis
• Process Management
• Reporting

Bachelor’s degree in related field or equivalent work experience.

1st shift (United States of America)