At Bank of America, the business problem is to manage complex/strategic product(s) and develop strategies across functional groups and/or within a product group to drive Responsible Growth and deliver for clients, teammates, communities, and shareholders.
Requirements
- 2+ years of experience with Global Payment Solutions products and business
- Demonstrated numeration and analytical ability– finance or treasury background may provide an advantage
- Familiarity with Basel III regulation
- Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs
- Background in deposit product, deposit pricing, or treasury/finance supporting a deposit taking business
- Familiarity with modern analytics and visualization tools such as Alteryx and Tableau
- Knowledge of GPS Liquidity products
Responsibilities
- Manages corporate and commercial deposits across ~40 different currencies.
- Oversees strategy for deposit strategy, deposit pricing, product development and product management including sweeps, zero balance accounts, physical cash concentration and multi-currency notional pooling.
- Supports large/complex liquidity deals, drives liquidity thought leadership, analyzes the impact of monetary policy on wholesale banking and leads the GPS response to regulatory changes/inquiries.
- Develops strategies to optimize net interest income (NII) while achieving deposit growth/rate paid targets and supporting the liquidity needs of clients.
- Produces deposit portfolio analytics and competitive intelligence for senior leaders at the Bank, in addition to managing the processes and applications related to client exception rates.
- Optimizes pricing of the portfolio and outperform key competitors.
- Leading analysis of the GPS deposit portfolio, developing pricing tactics and related execution plans, and working directly with Sales and Management to ensure that strategic and financial objectives are achieved.
Other
- Ability to successfully develop and maintain collaborative working relationships
- Demonstrated ability to lead, influence and persuade others
- Ability to present to and interact with senior management
- Ability to manage and perform multiple tasks simultaneously
- High School Diploma / GED / Secondary School or equivalent
