Sr. Product Specialist

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 projects related to ongoing product risk management assessments, product operational improvement and product growth objectives.  This may also include gathering market information & performing product analyses across a variety of products to support respective Product Managers. Key responsibilities include assisting with development, execution, and tracking of product projects and campaigns by collecting, analyzing, and reporting on data.

“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.”

Responsibilities:

• Project management in support of product risk management activities

• Identifies and creates comprehensive plans for product risk management development and deployment.

• Identifies opportunities to streamline or enhance product offerings to fit clients’ existing or future needs and support continued growth and operational excellence

• Manages risk through implementing and monitoring effective controls in partnership with key support partners

• Collaborates to support Product Managers who oversee a set of products, including managing the investment profile and profit and loss (P&L) activities, such as revenue and profit margins

• Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors to support products that solve client needs and ensure high adoption rates

Required Qualifications:

• 5+ years of project management experience

• Previous process design/ documentation experience (Visio, PowerPoint)

• Experience and understanding of Commercial lending

• Knowledge in market analysis/research focus and in-depth knowledge of products

Desired Qualifications:

• Bachelor’s degree

• Experience with International lending and / or international credit delivery

Skills:

• Attention to Detail

• Organization

• Collaboration

• Oral Communications

• Problem Solving

• Process Management

• Business Analytics

• Continuous Improvement

• Quality Assurance

• Written Communications

• Critical Thinking

• Influence

• Reporting

• 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

$100,000.00 - $140,000.00 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.