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Deposit Product Pricing Manager

Charlotte, North Carolina;

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
Responsible for reviewing and pricing products and services. Analyzes the profitability of the client and/or specific services, works up pricing recommendations, and implements and verifies pricing. Must work closely with Product managers on pricing strategies and involve Product managers on deals when necessary. Is responsible for communicating with sales officers and addressing pricing questions and/or issues from the Sales team. Must also be aware of the deal size and arrange for senior management approval calls. May act as an individual contributor or may lead a smaller team in developing and/or influencing pricing strategies and profitability. Provides comprehensive solutions to complex problems or needs. Has extensive technical or functional knowledge of pricing strategies and models.

Responsible for organizing and executing deposit interest rate and fee changes from an operational and analytical perspective.  This role will use data to answer questions for business partners and leadership, develop requirements for future projects, analyze issues and determine the success of past initiatives.

Required Skills:

  • Able to generate and edit complex SQL
  • Ability to design and execute data analysis and develop insights
  • Ability to navigate large datasets, assess data quality, and build automated reporting solutions

Desired Skills:

  • Proficient with Microsoft Office Suite
  • Ability to form strong partnerships with key stakeholders and work with them on initiatives
  • Understanding of Consumer & Small Business products, channels, and financial performance measures/drivers
  • Detail-oriented, self-starter who takes initiative, works independently, and escalates issues or concerns effectively

Skills:

  • Attention to Detail
  • Business Analytics
  • Critical Thinking
  • Data and Trend Analysis
  • Financial Analysis
  • Collaboration
  • Financial Forecasting and Modeling
  • Problem Solving
  • Process Management
  • Product Management
  • Market Analysis
  • Oral Communications
  • Profitability Analysis
  • Reporting
  • Strategic Thinking

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24045880

Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$73,500.00 - $114,200.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.