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Associate/VP – Treasury Product Manager, Global Transaction Services - Singapore

Singapore, , Singapore

Job Description:

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

GTS Overview

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.

As a Product Manager for Corporate Payables, you will work as a part of a team to successfully deliver the Payables product strategy to APAC clients. Your role will include product development and commercialization, driving revenue growth, cost management, risk management, client solutioning, active engagement with key stakeholders including compliance, operations, tech, legal etc. In addition, you will work closely with Digital Channels product managers to improve bank channel capabilities, research and provide feedback on fast changing digitalization activities in the banking industry.

Responsibilities include:

  • Work closely with sales and solution teams in structuring client solution

  • Support sales teams in preparing responses to non-standard RFPs

  • Work closely with global product partners to improve product & service capabilities

  • Focus on driving inbound business for corporate segments. Identify cross sell opportunities

  • Analysis of core drivers which include monthly pipeline, implementation, revenue and volumes to identify key issues impacting the business

  • Support team lead in development strategy and roadmap for payables product and perform ad hoc projects in specific areas

  • Participate in strategy development around innovation and new clearing memberships

  • Gather market intelligence on changing payment landscape. Identify opportunities and debate ideas to ensure bank’s digital channel strategy is well in touch with market needs

  • Manage BAU product with product competitor gap analysis, client pricing and P&L analysis and reporting

  • Active monitoring of regulatory, compliance policy changes and apply guidelines to payment processes and procedures

  • Develop product-training materials and sales tools

  • Active participation in risk management forums

Required skills:

  • 7+ years, international treasury management experience with good demonstrable knowledge of payments and clearing related products

  • Strong interpersonal and organizational skills

  • Demonstrate initiative, follow-through and the ability to work with limited supervision

  • Ability to learn quickly, core capabilities including end-to-end operational and technology workflows, processes and key business contacts, client buying behavior by different segments and specific global and regional solutions

  • Good at detailed work with strong analytical skills

  • Experienced in managing the delivery of services in a matrixed environment with a diverse portfolio of partners and stakeholders

  • Ability to work across multiple functional teams, across time zones, to set direction, enable sales activities / initiatives, drive and implement change, and solve problems

  • Strong presentation and communication skills

  • Strong in Microsoft Office suite skills, particularly with Word, Excel, PowerPoint; able to put together reports and decks

  • It is expected that the successful applicant will be able to demonstrate strong execution skills and a preparedness to work as part of a team, which may occasionally involve taking on work outside of the above stated responsibilities. This role will likely involve some international travel.

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds

Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities

Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo

Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge

Bank of America is an equal opportunities employer.

Job Band:

H6

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

GTS Overview

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.

As a Product Manager for Corporate Payables, you will work as a part of a team to successfully deliver the Payables product strategy to APAC clients. Your role will include product development and commercialization, driving revenue growth, cost management, risk management, client solutioning, active engagement with key stakeholders including compliance, operations, tech, legal etc. In addition, you will work closely with Digital Channels product managers to improve bank channel capabilities, research and provide feedback on fast changing digitalization activities in the banking industry.

Responsibilities include:

  • Work closely with sales and solution teams in structuring client solution

  • Support sales teams in preparing responses to non-standard RFPs

  • Work closely with global product partners to improve product & service capabilities

  • Focus on driving inbound business for corporate segments. Identify cross sell opportunities

  • Analysis of core drivers which include monthly pipeline, implementation, revenue and volumes to identify key issues impacting the business

  • Support team lead in development strategy and roadmap for payables product and perform ad hoc projects in specific areas

  • Participate in strategy development around innovation and new clearing memberships

  • Gather market intelligence on changing payment landscape. Identify opportunities and debate ideas to ensure bank’s digital channel strategy is well in touch with market needs

  • Manage BAU product with product competitor gap analysis, client pricing and P&L analysis and reporting

  • Active monitoring of regulatory, compliance policy changes and apply guidelines to payment processes and procedures

  • Develop product-training materials and sales tools

  • Active participation in risk management forums

Required skills:

  • 7+ years, international treasury management experience with good demonstrable knowledge of payments and clearing related products

  • Strong interpersonal and organizational skills

  • Demonstrate initiative, follow-through and the ability to work with limited supervision

  • Ability to learn quickly, core capabilities including end-to-end operational and technology workflows, processes and key business contacts, client buying behavior by different segments and specific global and regional solutions

  • Good at detailed work with strong analytical skills

  • Experienced in managing the delivery of services in a matrixed environment with a diverse portfolio of partners and stakeholders

  • Ability to work across multiple functional teams, across time zones, to set direction, enable sales activities / initiatives, drive and implement change, and solve problems

  • Strong presentation and communication skills

  • Strong in Microsoft Office suite skills, particularly with Word, Excel, PowerPoint; able to put together reports and decks

  • It is expected that the successful applicant will be able to demonstrate strong execution skills and a preparedness to work as part of a team, which may occasionally involve taking on work outside of the above stated responsibilities. This role will likely involve some international travel.

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds

Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities

Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo

Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge

Bank of America is an equal opportunities employer.

Learn more about this role

Full time

JR-21072195

Band: H6

Manages People:

Manager:

Talent Acquisition Contact:

Saima Islam

Referral Bonus:

0

Street Address

Primary Location:
50 COLLYER QUAY, Singapore, 049321