Cashback Cards Sr. Product Manager

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 part of the Branded Cards Product Management team responsible for developing and managing the end-to-end product life cycle for the cashback cards products. The Cash portfolio represents 50% of total branded Cards loans and over 40% of total Branded Cards NIBT Key responsibilities include ownership of the Cashback cards portfolio strategy optimizing the go-to-market strategy conducting market research and competitor analyses 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.

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 capabilities
• Partner with the acquisitions finance and marketing teams to constantly optimize the cash cards go-to-market strategy through testing limited time offers and enhancements to customer journeys and communication strategy.
• Oversees cashback cards 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 clients 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
• Develops and influences product strategy driving products to provide comprehensive solutions across the bank

Required Qualifications:

• Demonstrated strategic planning/product management skills
• Strong quantitative and analytical skills
• Influence and ability to lead cross functional teams
• Proficient in Excell
• 5 years of relevant experience

Desired Qualifications:

• Ability to have a strategic view

Skills:

• Collaboration
• Oral Communications
• Presentation Skills
• Problem Solving
• Attention to Detail
• Continuous Improvement
• Influence
• Product Management
• Strategic Thinking
• Business Analytics
• Innovative Thinking
• Market Analysis
• Process Management
• Reporting

Shift:

Hours Per Week:

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