Sr Product Mgr - Cross Product Growth & Segment Strategy

Bank of America•Boston, MA

1d•$116,600 - $174,300•Onsite

About The Position

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. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy

Requirements

Minimum 5 years' experience in strategy, consulting, product management, finance, banking or business support related roles
Excellent verbal and written communication skills, with the ability to succinctly convey information with a compelling narrative grounded in facts.
Intellectually curious, high-motivated self-starter who is quick to learn and patient through iteration
Demonstrated ability to influence senior leaders and drive alignment across business and partner organization
Demonstrated ability to effectively manage multiple efforts with varying deadlines
Proficiency in Microsoft Outlook, Word, PowerPoint, Excel and Teams.
Bachelor's Degree

Nice To Haves

Knowledge of Consumer and/or Business products
Multiple years of experience mentoring and developing high-performing teams and teammates
Experience with AI Tools (CoPilot, M365)
Advanced degree or designation (i.e., MBA, CFA, CPA)

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
Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
Assesses talent and builds bench strength for roles across the organization.
Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.