Product Manager
1 month ago
Product Manager, Paper & Low Value Collections, Global Payments Solutions
Job Title: Product Manager, Payments & Receivables, Paper & Low Value Collections
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.
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.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. The Global Payments Solutions business is a leading provider of treasury and cash management solutions, with 100,000 +clients globally, spanning across all segments and industries, from middle-market businesses to the world’s largest corporate and financial institutions. 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. The Product Management team is at the heart of our business, with responsibility for P&L, risk management and product development. The EMEA team is based in London, with additional and growing presence in key markets in the region. A role has arisen to support low value and paper collections within the Payments and Receipts team. This opportunity offers autonomy for a product manager to own and set direction for this key part of the Payments product set, and to interact with a wide range of stakeholders at different levels, including sales, technology, operations, and risk and control functions. The working environment is dynamic, collaborative and innovative, and offers exciting scope for career progression. Manage risk- KRI monitoring, identifying and remediating issues, regulatory change.
Regular reporting on volumes, issue management, project progress
On point for internal audit and risk reviews, scheme rule or regulatory change (impact assessment and implementation)
Involvement in coaching and development of graduates and other junior colleagues.
Experience in a comparable business, ideally within a financial institution but other payments business also considered, ideally in a product management capacity.
Understanding of the payments landscape in terms of both innovation, and regulatory landscape
Risk Manager- keen attention to spotting risks and issues and taking action to address or remediate systematically.
Comfortable setting priorities and working on both longer-term initiatives, regular routines and dealing with ad hoc unforeseen demands.
Skills that will help:
Product Design and Development
Project Management
Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions.
Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.
Good conduct and sound judgment are crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability.
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