Job Description:
Job Title: Global Payments Solutions Pay by Bank Product Manager
Corporate Title: Vice President or Director
Location: London
Company Overview
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!
Role Overview
As Product Manager, PayByBank, you will be spearheading the Bank’s effort to further commercialise its PayByBank offering as well as other innovative payments and receivables solutions.
Key role within our Payments and Receivables team. This opportunity offers autonomy for a product manager to own and set direction for the PayByBank key element of our EMEA payments infrastructure and to interact with a wide range of stakeholders at different levels, including Sales, Technology, Operations, and Risk and Control functions.
Responsibilities
Responsibilities include, but are not limited to, the following:
* Manage the regional PayByBank product offering, overseeing the product business case, client pipeline, development roadmap, and go-to-market strategy.
* Manage additional innovative and emerging payment-related products and propositions as determined.
* Work with internal partners, clients, and external partners to identify opportunities to enhance the product offering, developing business plans and promoting the roadmap internally.
* Ensure delivery of high-quality go-to-market materials including presentations, pitch materials, internal guidelines, case studies, etc.
* Engage in management and oversight of external partner relationships supporting the delivery of the product suite.
* Co-own and develop a pipeline of prospects, assisting with qualification, pitching, solutioning, technical expertise, and onboarding.
* Manage the product development pipeline, acting as a central player in development teams and projects.
* Collaborate closely with a range of internal partners including Sales, Operations, Technology, Compliance, and Legal to deliver sustainable solutions.
What we are looking for
* Detailed knowledge and first-hand experience of marketing, selling, developing, and/or managing PayByBank solutions.
* In-depth understanding of the related transaction banking environment including key Financial Institutions, technology providers, platforms, and external market forces.
* Knowledge of and experience in working with broader transaction banking products including payments, receivables, and merchant services/acquiring.
* Broad understanding of system infrastructure, Application Programming Interfaces (APIs), payment platforms, marketing, and EMEA payment schemes.
* Strong preference for experience in supporting and developing solutions in the large Corporate client space.
* Experience as a Product Manager or equivalent role.
* Extensive experience working with clients/end-users, including solutioning, pitching, consulting.
* An existing industry network and experience of participation in thought leadership and/or public affairs.
* Experience in business development, product innovation, and/or technical product management.
* Understanding of product risk, governance, and compliance requirements.
Bank of America
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 opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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