Product Consultant
Company: Disability Solutions
Location: Charlotte
Posted on: April 20, 2024
|
|
Job Description:
Job Description: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.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. Join us!Job Description:This
job is responsible for supporting the end-to-end product life cycle
by conducting market research and competitor analyses, determining
product pricing, and identifying innovative opportunities to
modernize product offerings and deliver a more unified customer
experience. Key responsibilities include managing product
profitability, monitoring and reporting financial performance, and
preparation of governance documentation. Job expectations include
ensuring that product management efforts are integrated with sales,
marketing, operations, implementation, and customer service
strategies.The Pricing Associate will report directly to the Head
of Commercial Credit Pricing Strategy. This individual will be
responsible for partnering with deal teams to manage and advise on
pricing strategy within the streamlined pricing framework. They
will also leverage data to construct actionable analytics at the
deal level, while also reporting on macro portfolio spread trends
for senior leadership. The Pricing Associate will lead routines to
capture business feedback and build solutions for the credit
pricing tool and its virtual assistant. Key stakeholders include
partners across Global Banking Coverage, Enterprise Credit, Credit
Risk, Finance, Corporate Treasury.Responsibilities:--- Supports
comprehensive plans for product development and deployment,
including engaging in the creation of sales training programs and
marketing materials to educate clients and internal teams on
product capabilities--- Maintains product 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--- Assists with streamlining or
enhancing product offerings to fit client's existing and future
needs to 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 mar kets, clients,
and competitors in order to develop products that solve client
needs and ensure high adoption ratesCore Responsibilities
include:--- Act as a deal consultant on structure and pricing,
partnering with deal teams during live transactions and serving as
a pricing subject matter expert around relationship return on
capital--- Strategize how to program the virtual assistant in the
pricing technology platform, Precision Lender, to be able to most
effectively coach deal teams as the pricing team pushes to be more
digital--- Manage pricing guidance used by the lines of business in
Enterprise Credit--- Deliver weekly Global Banking portfolio spread
and funded balance trend analysis to senior leadership across
Global Banking, Corporate Treasury, Finance, and Debt Capital
Markets--- Monitor pricing and deal activity in the pricing tool to
be able to understand in flight deal volume attributes by Industry,
Line of Business, and Geography--- Understands and connects
commercial banking analytics across the enterprise and is able to
identify and design opex solutions--- Use structured data to
provide analytics for executive leadership on Global Banking
pricing trends--- Participate in routines to collect feedback and
implement enhancements for the credit pricing platformSkills:---
Administrative Services--- Attention to Detail--- Collaboration---
Reporting--- Written Communications--- Continuous Improvement---
Oral Communications--- Problem Solving--- Process Management---
Product Management--- Business Analytics--- Critical Thinking---
Market Analysis--- Research--- Strategic ThinkingRequired
Qualifications:--- 2+ years of Commercial Banking or Underwriting
experience with Commercial Credit Products--- Experience with
Business Intelligence tools (i.e. Tableau)--- Highly organized,
self-starter, creative thinker with strong analytical skills---
Strong communication/presentation skills - ability to communicate
vertically and horizontally within the organization--- Strong
working knowledge of Excel and PowerPointDesired Qualifications:---
Experience with PrecisionLender is a plus--- Familiarity with
regulatory concepts around bank liquidity and capital as well as
banking finance--- Familiarity with non-credit revenue bank
products (i.e. debt capital market services "DCM" or global
transaction services "GTS")Shift:1st shift (United States of
America)Hours Per Week: 40
Keywords: Disability Solutions, Rock Hill , Product Consultant, Accounting, Auditing , Charlotte, South Carolina
Click
here to apply!
|