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.
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Global Payments Solutions 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.
Job Description
The Treasury Product Manager (VP/DIR) role will focus on developing strategies to grow revenue with a portfolio of clients in Latin America. Key accountabilities include independent focus of managing a client portfolio, supporting all activities from executing on daily client transaction activity, ongoing client relationship management, overall driving, and attainment of Global Banknotes revenue goals. This role will also be responsible for supporting the Banknote Exposure and Inventory management functions.
To be successful in the role, the TPM must maintain and build a strong client focus, and awareness and understanding of the banknotes foreign exchange market in addition to possessing good interpersonal, communication and presentation skills.
Responsibilities
- Manage assigned client portfolio with end to end understanding of client's banknote activity exceeding portfolio growth goals; including executing buy and sell foreign banknotes (cash) transactions in accordance with business objectives, client needs and established limits for Banknote clients.
- Identifying solutions to client needs as requested or as a result of needs analysis.
- Schedule and perform client portfolio reviews while exploring cross sell opportunities.
- Produce pricing/cost benefit models for instituting effective pricing management initiatives.
- Partner with GPS sales to manage the sales pipeline; ensuring deals are properly advanced.
- Accountable for accuracy of banknotes related data within related tracking systems.
- Work with other key stakeholders such as GPS Sales, Credit, Compliance and Operations to manage client relationships, business development and process improvements.
- Understand and apply the bank's risk framework when dealing with clients.
- Liaise with transportation agents to coordinate shipments and negotiate competitive pricing.
- Support global inventory management and balance sheet functions for the Global Banknote business.
Requirements:
- Minimum of 5-7+ years of experience in the Global Banknotes market (preferred).
- Fluency in Spanish both verbal and written is required.
- Bachelor's degree or equivalent work experience.
- Strong knowledge of foreign currency banknotes and foreign exchange including pricing, FX rate calculation and transportation logistics.
- Strong mathematical and data analytic skills.
- Client and solution focused with ability to multi-task and adapt to change.
- Proven experience working in a fast-paced environment as part of a larger team.
- Excellent MS Office (Word/Excel/PowerPoint/Outlook) experience.
- Exposure to International markets.
Behavioral Qualifications
- 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.
Desired Skills:
- Leadership Development
- Product Design and Development
- Product Management
- Project Management
- Strategy Planning and Development
- Innovative Thinking
- Performance Management
- Process Management
- Relationship Building
- Agile Practices
- Business Acumen
- Business Development
- Oral Communications
- Process Effectiveness
What Bank of America Offers
Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.
Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.
Bank of America is an Equal Opportunity Employer.
Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.