Consumer Deposits Acquisition Product Manager

Bank of America•Boston, MA

3d•Onsite

About The Position

This job is responsible for managing the end-to-end product life cycle, including conducting market research and competitor analyses, determining product pricing, developing short and long-term strategies, identifying innovative opportunities to modernize product offerings and deliver a more unified customer experience, and adhering to the Product Risk Management policy. Job expectations may include ensuring that product management efforts are integrated with sales, marketing, operations, implementation, and customer service strategies. The Consumer Deposit Products, Transformation & Rewards team is focused on delivering innovative, client-centric solutions that anticipate and exceed evolving financial needs. We partner across the organization to drive responsible growth while enhancing client loyalty and engagement. We are seeking a Product Manager to support the growth of the consumer deposit portfolio by developing and executing acquisition strategies. This role will focus on both attracting new-to-bank clients and deepening relationships with existing customers. The position offers strong cross-functional exposure and the opportunity to contribute to key growth and transformation initiatives.

Requirements

2-3 years of experience in product management or a related field
Strong Excel and data analytics skills, with the ability to translate data into actionable insights
Solid project management capabilities, including managing timelines and deliverables to meet or exceed deadlines
Demonstrated ability to manage cross-functional teams and drive alignment through established routines and governance
Experience developing high-quality, executive-level deliverables and presentations
Self-motivated and quick learner with the ability to work independently and adapt in a fast-paced environment
Strong organizational skills with a demonstrated ability to manage and advance multiple initiatives simultaneously
Excellent written and verbal communication skills, with the ability to convey ideas clearly and effectively

Nice To Haves

Demonstrates the ability to navigate ambiguity and adapt effectively to changing priorities and circumstances
Proactive self-starter who identifies opportunities, brings together the right partners, and drives change or develops actionable recommendations
Results-oriented with a proven track record of delivering strong outcomes and achieving objectives

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
Builds and maintains strong relationships across stakeholders and key partners to effectively navigate the organization and ensure successful delivery of initiatives
Applies deep understanding of the business and client needs to inform decision-making across all stages of the product development and lifecycle management process
Develops clear, compelling executive-level presentations that distill complex concepts into easily understood insights
Creates high-quality presentations and written materials, communicating in an engaging and impactful manner to drive alignment and enhance project outcomes