Consumer Credit Card Portfolio Stimulation Execution Sr Product Mgr

Bank of America • Boston, MA

2d • $116,600 - $174,300 • Onsite

About The Position

At Bank of America, this role is responsible for developing and managing the end-to-end product life cycle for highly complex Consumer Credit Card products. The position conducts market research and competitor analyses, determines product pricing, develops short- and long-term strategies, and identifies opportunities to modernize product offerings and deliver a more unified customer experience. Product management efforts are integrated with sales, marketing, operations, implementation, and customer service strategies.

The role develops product development and deployment plans, oversees product financials and investment profiles, and manages revenue and profit margins. It partners with internal stakeholders and support functions to understand markets, clients, and competitors, shape product strategy, improve offerings, manage risk and controls, and drive solutions that address client needs and support adoption. The position is based at one of the listed Boston, Massachusetts or New York, New York locations. Bank of America describes its workplace approach as in-office, with expectations based on role responsibilities and business needs.

Requirements

• Demonstrated strategic planning and product management skills.
• Negotiation skills.
• Ability to independently drive initiative execution, manage competing priorities, and maintain momentum in a fast-paced environment.
• Strong executive presence and ability to develop and deliver clear, concise written and verbal communications to senior leaders.
• Ability to translate complex concepts into actionable plans, recommendations, and decisions.
• Ability to build strong relationships and consensus across stakeholders, including Legal, Risk, and Technology.
• Strong drive for results and success; ability to convey urgency, exceed expectations, and persist despite obstacles, setbacks, and competing influence.
• Ability to propose out-of-the-box ideas and solutions, embrace change with a future-forward mindset, and challenge the status quo.
• Strong analytical and problem-solving skills, including identifying risks and dependencies, assessing impacts, determining root causes, and developing practical mitigation strategies.
• Proficiency with Microsoft Office PowerPoint, Excel, and Word.
• 5+ years of relevant experience with Consumer Credit Card products.

Nice To Haves

• Experience with Consumer Card brand and co-brand product constructs, including reward program structures.
• Working knowledge of change management, governance, and process improvement practices.
• Experience supporting large-scale business transformation or operational change initiatives.
• Experience partnering with Technology teams on system, process, automation, or digital transformation initiatives.
• Experience with implementation readiness, testing, change adoption, and post-implementation sustainment.
• Experience developing status reporting and presentations for executive or senior leadership audiences.
• Proficiency with Microsoft Office Co-Pilot.

Responsibilities

• Identify and create comprehensive product development and deployment plans, including supporting sales training programs and marketing materials that educate clients and internal teams about product capabilities.
• Oversee a set of products and maintain financials, including managing the investment profile and profit and loss activities such as revenue and profit margins.
• Provide product-trend information to sales and marketing teams using knowledge of product functionality, marketplace trends, and the competitive landscape.
• Identify opportunities to streamline or enhance product offerings to meet clients’ existing and future needs and support growth and operational excellence.
• Manage risk by implementing and monitoring effective controls in partnership with key support partners.
• Partner with internal stakeholders to gain insights about markets, clients, and competitors, develop products that solve client needs, and support high adoption rates.
• Develop and influence product strategy, driving products to provide comprehensive solutions across the bank.

Benefits

• Industry-leading benefits.
• Access to paid time off.
• Resources and support for employees.
• Eligibility to participate in the annual discretionary incentive plan, with awards based on individual performance and behavior, line-of-business or group performance and contributions, and overall company success.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed