Bank of America Treasury Product Associate in Chicago, Illinois

Job Description:

This Core Liquidity Product Management role sits in the US Liquidity Product team under the Global Liquidity Executive in GTS. The candidate will be a key contributor within the US team of six, and be responsible for ongoing management of a few Deposit Products (and their associated delivery).

Core Liquidity Product Management

  • Product Strategy - the role uses analytics to periodically assess products from a financial, risk, technological, operational, & competitive standpoint. Gap identification is translated into specific product level initiatives dependent upon profitability (pricing recommendations, cost saves), client usage/penetration, client satisfaction, product placement within a broader range of liquidity solutions, and the life-stage of the product. Additional responsibility to drive consistency, efficiency, and sound processes with strategic functional partners is also a fundamental aspect of Strategy.

  • Risk Management - the role requires disciplined attention to Compliance matters & Enterprise level initiatives. This entails proactive risk ID and the resulting development of practical, creative, and simple solutions. It also necessitates close relationships with Compliance, Operational Risk, and Product Risk partners to ensure requirements of the GTS Risk Framework are met.

Required Skills:

  • 2-5 years of experience in Finance/Accounting/Banking/Sales

  • Bachelors Degree

  • Strong financial management skills including business case modeling with exceptional ability to understand financial dynamics of various products and scenarios

  • Sound organizational, time, and project management skills in the context of managing a product or process End-to-End.

  • Advanced proficiency in MS Excel, Word, PowerPoint (MS Access a definite plus); ability to manage and analyze large sets of data for the broader Core Product Team

  • Excellent verbal and written communication skills, including ability to work with cross functional partners in Global Tech and Ops.

  • Ability to perform research on markets & products, including various Laws, Rules, & Regulations in support of the broader Core Liquidity team.

  • Able to multi-task, and adapt to a fast paced environment

  • Hands on approach with attention to detail

  • Desire to learn, ask questions, and challenge the status quo

Desired Skills:

  • Knowledge of treasury management products and services (Wholesale Liquidity a definite plus)

  • An entrepreneurial spirit and an excellent understanding of financial technology within a business context

Posting Date : 06/21/2018

Location :

Chicago, IL, 135 S LA SALLE ST (IL4135),

New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK,

Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE ST,

  • United States

Travel : Yes, 15% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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