Bank of America

Director, Trade Product Manager

Senior Level
Full-Time
Mumbai
Product

About 

Bank of America

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.

Your Responsibilities

  • Manage in-country products / solutions in terms of development, maintenance and active commercialization
  • Engage with various stakeholders i.e., Sales, Corporate Treasury, Finance, Operations and Services to deliver on planned revenues and core driver growth year on year across client segments
  • Build and maintain positive working relationships with key local and regional business partners
  • Maintain overall product line knowledge, and stay abreast of industry trends, regulatory changes (from the government, industry and banking associations) and competitive offerings
  • Manage BAU product with product competitor gap analysis, client pricing and P&L analysis
  • Be responsible for the P&L of the products being managed
  • Work closely with sales teams in structuring client centric solutions for deals and RFPs
  • Help ensure client deals (standard and non-standard) meet risk & compliance guidelines
  • Develop product-training materials and sales tools
  • Provide training to Sales and other business partners, as needed
  • Maintain a thorough understanding of all associated drivers and metrics
  • Identify and pre-qualify new ideas with India Trade Product head, provide subject matter expertise to new product development throughout the development life-cycle, as needed
  • Maintain a thorough comprehension of the external market environment – competitive environment, market developments and trends, industry developments and mandates
  • Active participation in risk management forums

Required Skills and Experience

  • Master’s Degree with a min of 8-10 years of banking experience

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