Treasury Product Manager I

Bank of America•Chicago, IL

1d•$105,700 - $164,700•Onsite

About The Position

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology. Global Payments Solutions (GPS) Revenue Management drives both the billing and pricing for transaction services products. We regularly interact with key business partners across multiple teams including Sales, Product, Risk & Compliance, Operations and Technology. This gives us a broad & holistic view into the entire Global Payments Services organization. This pivotal role involves optimizing and overseeing the billing & collection of transaction fees for our valued clients across multiple geographic regions. The billing product manager will be expected to challenge the status quo while influencing business partners by driving simplification and efficiency enhancements across the global billing & pricing environment.

Requirements

Minimum 5 years of banking experience, with exposure to treasury products, cash management, payments, or liquidity solutions, and/or roles spanning product, risk, or operations
Bachelor’s Degree or equivalent work experience
Proactive creative thinking to solve client and business challenges, delivering results both independently and in a team environment
Demonstrated ability to develop and maintain collaborative relationships across Product, Technology, Operations, Risk, and Sales teams, supporting delivery of client-focused solutions
Strong analytical capabilities, including proficiency in Excel and PowerPoint, to analyze data, identify trends/outliers, and generate insights that inform product and business decisions
Strong organizational skills, with the ability to prioritize multiple deliverables, manage deadlines, and follow through on commitments with attention to detail
Effective written and verbal communication skills, including the ability to present insights, product updates, and recommendations clearly to stakeholders at varying levels

Nice To Haves

Knowledge of BofA Global Payments Solutions organization and products
Prior experience with billing & Account Analysis systems.
Knowledge of transactional products, operations, technology and/or risk/compliance environments.

Responsibilities

Product ownership of the billing & pricing maintenance landscape for transaction services products, closely collaborating with business partners including Sales, Product Management, Operations, Service, and Technology.
Work as part of a dynamic team with local and global Revenue Management colleagues to ensure accurate pricing and collection of fee revenue.
Facilitate the incorporation of new products and functionality into Account Analysis billing systems, while appropriately mitigating risk from a billing perspective in line with GPS Principles.
Lead implementation of price changes to ensure accurate client billing, statement, and fee collection.
Work closely with pricing leads to ensure a seamless pricing process across the billing environment.
Drive simplification and standardization of global billing processes across the landscape with Operations and Technology.
Directly assist with business cases for billing application enhancement to improve efficiency and effectiveness of the domestic billing environment.
Serve as a strategic special project manager for unique client-facing solutions.