Treasury Product Associate - Payments

Posted 14 Hours Ago
Be an Early Applicant
New York, NY
95K-105K Annually
Entry level
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
The Treasury Product Associate is responsible for evaluating the competitive landscape of B2B and B2C payments, assisting with product development and operational management, and helping with business performance analytics and risk management. Collaboration with various internal partners is crucial to enhance product profitability and improve the client experience.
Summary Generated by Built In

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description Details:

We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who are eager to learn and grow. 

Responsibilities:

Business Management and Performance:

  • Help evaluate the competitive landscape for both the B2B and B2C payments environment through regular engagement with other internal Lines of Business (Emerging Payments, Retail, Card, Trade, GWIM, Markets, Sales, Marketing, etc.) in order to identify themes, industries, use-cases for business development, to identify product enhancement opportunities and to support changes to improve product profitability and the client experience.

  • Assist with the strategic roadmap and communicate internally with partners to ensure awareness and alignment of priorities

  • Assist with business cases to support changes to improve product profitability and the client experience.

  • Assist with collecting/documenting voice of the customer to drive roadmap.

Product Development and Operational Management:

  • Write requirements, and help develop and implement new product feature functionality

  • Work closely with business partners – including Operations, Technology, Digital Channels and Sales

  • Assist with data/analytics for product performance

  • Assist with creating and maintaining risk routines (e.g. managing collection of risk metrics and KPIs)

Required Qualifications:

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds

Authentic and Passionate: Seeking highly engaged teammates that is enthusiastic about the work we are doing for our clients and in our communities

Innovative and Curious: Seeking teammates with a desire to learn, out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo

Desired Qualifications:

  • Willingness to quickly learn the business

  • Attention to detail and organizational skills

  • Understanding of Microsoft Office suite of skills, particularly with Excel and Power Point

  • Analyzing and reporting business financials experience

  • Treasury payments products experience

Skills:

  • Analytical Thinking

  • Critical Thinking

  • Product Design and Development

  • Product Management

  • Written Communications

  • Oral Communications

  • Presentation Skills

  • Project Management

  • Strategy Planning and Development

  • Agile Practices

  • Business Analytics

  • Market Analysis

  • Process Management

  • Research Analysis

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range$95,000.00 - $105,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Top Skills

Data Analytics
The Company
HQ: Charlotte, NC
208,000 Employees
On-site Workplace
Year Founded: 1784

What We Do

We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth.

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

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