Trade Product Manager (VP)

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

Job Description:

This job is responsible for managing complex/strategic product(s) and developing strategies within the Global Payments Solution group, focused in the Trade Finance products. Key responsibilities include managing the full Product cycle and financial responsibilities for specific product areas and driving innovative idea generation for the Trade Finance products management. Job expectations include ensuring that the Trade Finance product management efforts are integrated with sales, technology, implementation, and servicing.

Responsibilities:

• Oversees a set of product(s) and maintains financial responsibility, including accountability for profit and loss activities such as revenue, profit margins, etc.
• Identifies and creates plans for product development, supporting the creation of sales training programs, and marketing materials to educate clients and internal teams on product capabilities
• Understands product functionality, marketplace trends, and the competitive landscape to provide awareness of trends to sales and marketing teams
• Develops and/or influences product strategy, driving products in cash management to provide comprehensive solutions across the bank
• Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors in order to develop products that solve client needs and ensure high adoption rates
• Drives transaction and revenue growth and manages associated financial processes (i.e., forecast, monthly flash reporting, etc.)
• Collaborates with internal technology subject matter experts and researches product-related trends in order to provide an integrated and automated client experience.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

• Deep understanding of Local Supply Chain Finance market laws and regulations
• Advanced knowledge for Traditional Trade International Practices including but limited to ISP 98, UCP 600 and URDG 758
• Bachelor degree in Finance, Accounting, Business Administration or similar. Master degree is a bonus
• A high energy level, a strong work ethic and continuous desire to learn
• Strong selling/client-facing and interpersonal skills with a passion to continually improve
• Structured and organized, with excellent attention to detail.
• Strong project management skills & the ability to collaborate with individuals at different levels within the organization
• Proven strategic and analytical abilities; excellent written and oral communication skills
• Proficient in Excel, Word and PowerPoint
• Fluent English communication

• Foundational credit skills
• The ideal candidate will possess strong sales and analytical expertise, with a proven ability to lead cross-functional initiatives across global trade operations.
• Excellent analytical and problem-solving skills are essential, with the ability to interpret complex data and drive strategic decision-making.
• Experience in Trade Finance, third-party risk management, and procurement operations is highly preferred.
• Familiarity with regulatory environments and ESG standards is a plus.
• Strong communication skills and stakeholder management are critical, with demonstrated ability to influence senior leaders.
• Strong Microsoft package knowledge (Excel, Word and Power Point)