Product Manager – Enterprise Credit
Bank of America
full-time
Posted on:
Location Type: Office
Location: Chicago • Illinois • 🇺🇸 United States
Visit company websiteSalary
💰 $125,000 - $189,700 per year
Job Level
Mid-LevelSenior
About the role
- Manage the end-to-end client and employee experience with Credit Product(s) including: data analytics, integration with multiple lines of business, digital experience, market research and competitive analyses, working with Pricing Manager to determine product pricing, developing short- and long-term strategies/outlooks for assigned product(s), and designing and tailoring products to meet client needs.
- 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.
Requirements
- 5+ years of related experience
- Traditional Product Management, Commercial Credit experience, SBA experience- including work across the value chain (from sales to underwriting, fulfillment and servicing).
- Product management, process design or project management experience are required.
- Attention to detail, ability to consider risk/reward balance and strength in Excel and PowerPoint are necessary to succeed in this role.
- Bachelor’s Degree or equivalent work experience.
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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
data analyticsproduct developmentproduct deploymentfinancial managementprofit and loss (P&L)market researchcompetitive analysisprocess designproject managementExcel
Soft skills
attention to detailrisk managementstrategic thinkingcommunicationcollaborationclient-focusedanalytical thinkingproblem-solvingorganizational skillsadaptability