Director, Prime Financing Product Manager

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.

• Define Product & Platform strategy in close collaboration with Global Markets leadership, Technology and associated support functions
• Define detailed design requirements and architectural strategy in conjunction with critical support partners. e.g. Technology, Sales & Trading, Compliance, Legal, Operations, Risk Management, etc.
• Manage and govern key Global Markets investment initiatives
• Drive detailed analysis of priority products and platforms, clients and markets to establish product baselines, peer insights and commercial opportunities
• Establish coherent, well defined business cases and technology roadmaps
• Be an active participant in discussions and influence decisions around the end to end lifecycle and the strategic technology architecture across Global Markets

• Work closely with Technology and Product partners to maintain oversight of our investments, progress and adherence with regulatory obligations

• Own and drive Platform strategy for Global Markets Prime Financing functions;
  • Define and document business opportunities, pitch investment cases and build forward looking technical roadmaps
  • Document requirements and ensure product delivery aligns to user requirements and architectural strategy
  • Measure product baselines and define KPIs, SLOs, SLAs and other target metrics
  • Explore industry, client and competitor trends to ensure product remains relevant and forward looking
• Ensure the ongoing delivery of critical product as follows:

• Robust governance and management of core investments and priorities
• Work and collaborate with IT and Support partners
• Influence and shape future investment and design decisions in conjunction with management and business leads

• Technology and Prime Financing background with strong understanding of Cash Equities, Repo, Bonds, OTC Derivatives, Swaps, Rates, Commods and FX lifecycle
• Highly familiar with prime financing functions and workflows with a data driven and automation first mindset
• Experience delivering and driving technical solutions for Swap and Financing lifecycle, Pricing, Margining, Risk Management, Client Reporting, Collateral and Asset Servicing functions
• Comfortable managing diverse stakeholders and challenging status quo and current design principals
• Excellent communicator able to traverse from granular developer level interactions up to senior leadership
• Strong team work and ability to collaborate with others
• Excellent problem solver with an ability to work independently and comfortable working in a fluid environment with shifting priorities
• Highly motivated and strong desire to learn business and new technologies

• Experience with managing operational or system risk
• Some coding/scripting experience (with knowledge of best practices) in Java/Python preferred
• FINRA Series 7 and 63 registered
• Product Management certifications/Experience