Product Manager - Enterprise Credit

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 the end-to-end product life cycle, including conducting market research and competitor analyses, determining product pricing, developing short and long-term strategies, identifying innovative opportunities to modernize product offerings and deliver a more unified customer experience, and adhering to the Product Risk Management policy. Job expectations may include ensuring that product management efforts are integrated with sales, marketing, operations, implementation, and customer service strategies. Join the Enterprise Credit Commercial Pricing Strategy team and help shape the future of pricing technology and analytics. We are building the next generation of pricing capabilities that will transform how bankers evaluate opportunities, understand client profitability, and make strategic pricing decisions. Our team sits at the intersection of product management, data strategy, financial analytics, and technology delivery, driving the evolution of a platform used to support critical commercial banking decisions. As a Product Manager, you will: Support the evolution of the commercial credit pricing platform by partnering across business, technology, data, finance, and risk teams to define and deliver strategic product enhancements. Drive the creation of scalable data, reporting, and analytics capabilities that improve pricing transparency, decision support, and business outcomes. Serve as a bridge between business stakeholders and technology partners, translating complex pricing, capital, profitability, and operational requirements into product solutions. Contribute to the development of financial modeling capabilities supporting relationship returns, capital consumption, profitability analysis, and portfolio performance measurement. Partner with stakeholders across Banking, Finance, Treasury, Risk, and Data Management to modernize pricing processes and enhance decision-making through technology and analytics. This is a unique opportunity to combine product management, data and analytics, and banking finance expertise while helping build a modern pricing platform that supports commercial banking teams across the enterprise. Responsibilities: Identifies and creates comprehensive plans for product development and deployment, including supporting the creation of sales training programs and marketing materials to educate clients and internal teams on product capabilities Oversees a set of products and maintains financials, including managing the investment profile and profit and loss (P&L) activities, such as revenue and profit margins Provides information on product trends to sales and marketing teams leveraging knowledge of product functionality, marketplace trends, and the competitive landscape Identifies opportunities to streamline or enhance product offerings to fit client's existing and future needs and support continued growth and operational excellence Manages risk through implementing and monitoring effective controls in partnership with key support partners 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 Lead business requirements, prioritization, and execution of enhancements for the next-generation pricing platform, including user experience, workflow, data, and reporting capabilities. Partner with technology and data teams to design and implement data ingress and egress solutions, ensuring high-quality and scalable integration across enterprise systems. Develop and maintain reporting, dashboards, and analytical frameworks that provide actionable insights into pricing performance, portfolio trends, client profitability, and product utilization. Support the evolution of financial models used to evaluate deal economics, return on capital, profitability, and other key commercial banking performance metrics. Facilitate collaboration among business, finance, risk, and technology partners to ensure successful delivery of strategic initiatives and adoption of new capabilities Required Qualifications: 5+ years of experience in Financial Services Industry Experience in commercial banking, corporate banking, credit products, treasury management, or related financial services disciplines. Strong analytical and problem-solving skills with demonstrated experience working with complex data sets, business intelligence tools, and financial reporting. Understanding of financial concepts including profitability measurement, return on capital, income statement drivers, and performance analytics. Excellent communication and stakeholder management skills with the ability to influence and collaborate across multiple functions and levels of the organization Desired Qualifications: Experience supporting pricing, profitability, portfolio management, treasury, finance, or commercial credit analytics functions. Experience with Tableau, Alteryx, Power BI, SQL, Python, or similar data and analytics tools. Familiarity with data architecture, data governance, API integrations, and enterprise reporting environments. Experience leading or supporting large-scale technology implementations, product transformations, or agile delivery initiatives. Knowledge of commercial banking pricing methodologies, regulatory capital concepts, liquidity, treasury, or wholesale banking financial management. Skills: Attention to Detail Collaboration Oral Communications Presentation Skills Reporting Continuous Improvement Executive Presence Problem Solving Process Management Product Management Business Analytics Influence Innovative Thinking Market Analysis Strategic Thinking 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) Pay and benefits information Pay range $112,000.00 - $162,500.00 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. Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - https://careers.bankofamerica.com/en-us/pay-transparency Privacy Statement - https://careers.bankofamerica.com/en-us/privacy-notice