Treasury Product Manager

at  Bank of America

ROLE DESCRIPTION:

Bank of America is seeking a senior Trade Leader to run GT&SCF Product Management for the Europe, Middle East, and Africa Region (EMEA). In this role, the candidate will be responsible for the end-to-end management of Global Trade & Supply Chain Finance products in EMEA, working to ensure that we continue to develop and structure market-leading solutions and propositions for clients, whilst maintaining a strong and disciplined control environment. Very deep knowledge and experience of Supply Chain Finance and Core Trade (in particular Trade Loans, Letters of Credit and Guarantees/Standby Letters of Credit), and good knowledge and understanding of Export Agency Finance will be key, as will exceptional product management, product delivery/development and leadership skills.

MAIN RESPONSIBILITIES:

• EMEA Product development and commercialization- support GT&SCF’s significant innovation agenda, driving regional product strategy, engaging clients to understand market dynamics and requirements, and driving commercialization of new capabilities in partnership with BofA’s Banking, Treasury Sales, and Trade Product Specialist Sales teams. The candidate will also have the opportunity to work on global initiatives with the Global Product Management teams
• Business strategy- define regional GT&SCF Product strategy, in conjunction with the EMEA Head of Trade.
• Engage with industry bodies on regulatory and market change
• P&L management- drive pricing strategy, forecasting, revenue optimization, capital optimization
• Optimization of business and operational processes – identify opportunities to streamline and simplify business and operational processes, including via digitalization, to drive enhanced client experience and reduce costs
• Risk management- proactively identify and escalate current and horizon risks, manage audits and regulatory engagement
• Developing the EMEA Trade Product Management team skillset and knowledge
• Ensuring synergy with other GTS products by sharing knowledge and best practice
• Representing BofA at various regional industry forums