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Sr Product Manager

Bank of America
Full-time
Remote friendly (Boston, Massachusetts, United States)
Worldwide
$113,000 - $165,100 USD yearly
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description:  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.This role is within the Transformation Portfolio Product Delivery Team within the Consumer and Small Business Products and Analytics organization.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.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.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 capabilitiesOversees a set of products and maintains financials, including managing the investment profile and profit and loss (P&L) activities, such as revenue and profit marginsProvides information on product trends to sales and marketing teams leveraging knowledge of product functionality, marketplace trends, and the competitive landscapeIdentifies opportunities to streamline or enhance product offerings to fit client's existing and future needs and support continued growth and operational excellenceManages risk through implementing and monitoring effective controls in partnership with key support partnersPartners 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 ratesDevelops and influences product strategy, driving products to provide comprehensive solutions across the bankRequired Qualifications: Demonstrated strategic planning/product management skillsStrong analytical skills with breadth of viewNegotiation skills5+ years of relevant experience - Initiative Execution and/or Project Management Experience, Product Management backgroundDemonstrated leadership skills in driving initiatives and effectively building consensusAbility to work with all levels of management and to work in cross functional teamsExcellent oral, written, and executive communication skillsSelf-motivation, self-direction, organizational skillsKnowledge of the Agile process and Bank of America project management methodologies and toolsFollowing Risk Framework, ability to identify and escalate areas where additional controls are requiredStrong in Microsoft Office products (Word, Excel, PowerPoint, Project, Visio)Desired Qualifications: Strong digital knowledge and experienceWorking knowledge and understanding of Consumer and Small Business Banking Products, Services and organizational structureProcess design experienceKnowledge across channels: Call Center, Financial Center and/or Digital channelAbility to juggle multiple priorities and deliverables efficientlyBachelor’s Degree; Masters a plusSkills:  CollaborationExecutive PresenceOral CommunicationsPresentation SkillsProblem SolvingAttention to DetailContinuous ImprovementInfluenceProduct ManagementStrategic ThinkingInnovative ThinkingShift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$113,000.00 - $165,100.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.