Job Description:
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!
Our Specialized Product Sales team is part of the Bank of America Global Payments Solutions organization which provides our clients with best in class innovative cash management and payments solutions. The Specialized Product Sales team is accountable to deliver our payables solutions to the Bank's corporate, commercial, and business banking clients as well as financial institutions, non-bank financial institutions and public sector entities.
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Responsible for performing proactive lead generation, business development engagements via industry conferences and client calling, lead formal client engagements from sourcing, RFP responses, pricing strategy, formal pitches and software demonstrations, during formal presentation of the Bank of America offering. The candidate will have in depth knowledge of our payables offering across the Global Transaction Services platform, including Corporate Travel and Purchasing Cards, Virtual Payables and Travel Cards, Comprehensive Payables and other B2B payables products.
Own sales efforts, through proactive prospect lead generation, and the development and nurturing of client relationships
Continual education to maintain status as a best in class subject matter expert, with deep understanding of product functionality, value proposition, industry trends and the competitive landscape
Writing RFI/RFP responses and delivering best and final presentations to clients and their leadership team
Creating and driving formalized routines with all regions and key business partners such as Product Management, Treasury Sales, Relationship Management, Implementations, Customer Service, Account Management and Product Sales, and executive leadership
Briefing senior leaders on sales efforts, deal overview and strategy to win
Being the voice of our clients to drive innovation and enhancements to our product offering on a regular and formal basis
Partnering with the broader bank organization to gain access to senior level contacts within prospects/client
Conducting and leading client presentations in person, over the telephone and via WebEx, to all levels of client organizations, including senior treasury, finance, purchasing and travel management teams
Performing platform/technology demonstrations, and communicating features and benefits to clients
Pricing deals and leading pricing and contract negotiations with clients
Developing and delivering internal training sessions on products, services and value proposition to Treasury Sales and Relationship Management Teams, and other business partners
Representing organization at internal and external client conferences and trade shows, and generating new leads for Card and Comprehensive Payables business
Required Skills
BA/BS Degree or equivalent work experience
Minimum 3 years of experience in the payables marketplace, with an understanding of the competitive landscape and regional marketplace variations
Global Commercial Card & Comprehensive Payables subject matter expertise, in sales, account management or product role
Sales experience within a large, global financial institution
Knowledge of treasury management and card and comprehensive payables services
Project management skills
Experience in Accounts Payable
Proven ability to work in a demanding, fast-paced global environment
Experience working within a highly matrixed organization
Strong communication skills - both verbal and written
World-class presentation skills
Proven leadership skills across multiple organizations
Ability and desire to think creatively to deliver business results, both independently and as part of a team
Experience leading technology demonstrations and discussions
Ability to manage multiple projects simultaneously
Skilled in working with Microsoft Office applications
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 Ncd (CA6814), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - WA - Bellevue - 10400 NE 4th St - 400 Lincoln Square (WA3400)
Pay and benefits information
Pay range
$125,000.00 - $225,000.00 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.