Job Information
Bank of America Deposit Product Pricing Manager - Fee Strategy in Boston, Massachusetts
Deposit Product Pricing Manager - Fee Strategy
Charlotte, North Carolina;Addison, Texas; Boston, Massachusetts; Newark, Delaware
Job Description:
The Deposit Product Pricing Manager – Fee Strategy is responsible for identifying and developing strategies, performing client behavior analysis and supporting efforts that enhance client experience, reduce risk and improve efficiency related to deposit product fees. This role will work closely with partners across several areas to advance projects, programs, and address issues.
Key Responsibilities:
Provide ongoing analysis and review of key fee performance metrics with senior leaders in various organizations
Support successful implementation of key initiatives, ensuring alignment to overall strategy
Assess financial, compliance, client and associate experience implications of fee strategy changes
Develop and manage control and measurement plans for key fee related initiatives
Identify deposit fee related issues and lead remediation efforts
Ensure procedures, job aids, knowledge guides and other resources are clear and accurate
Required Skills:
Detail-oriented, highly organized, adaptable to ever-changing requirements
Understanding of Consumer & Small Business products, channels, and financial performance measures/drivers
Critical thinking with ability to analyze key data elements necessary to solve problems
Ability to identify key successes and opportunities, and deliver recommendations based on findings
Demonstrated intellectual curiosity and willingness to challenge the status quo
Demonstrates high level of verbal and written communication skills
Desired Skills:
4 year degree
Experience with SQL/SAS coding
Experience with Interact and/or Synergy
Proficient with Microsoft Office Suite
Enterprise Role Description :
Responsible for reviewing and pricing products and services. Analyzes the profitability of the client and/or specific services, works up pricing recommendations, and implements and verifies pricing. Must work closely with Product managers on pricing strategies and involve Product managers on deals when necessary. Is responsible for communicating with sales officers and addressing pricing questions and/or issues from the Sales team. Must also be aware of the deal size and arrange for senior management approval calls. May act as an individual contributor or may lead a smaller team in developing and/or influencing pricing strategies and profitability. Provides comprehensive solutions to complex problems or needs. Has extensive technical or functional knowledge of pricing strategies and models.
Job Band:
H5
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
The Deposit Product Pricing Manager – Fee Strategy is responsible for identifying and developing strategies, performing client behavior analysis and supporting efforts that enhance client experience, reduce risk and improve efficiency related to deposit product fees. This role will work closely with partners across several areas to advance projects, programs, and address issues.
Key Responsibilities:
Provide ongoing analysis and review of key fee performance metrics with senior leaders in various organizations
Support successful implementation of key initiatives, ensuring alignment to overall strategy
Assess financial, compliance, client and associate experience implications of fee strategy changes
Develop and manage control and measurement plans for key fee related initiatives
Identify deposit fee related issues and lead remediation efforts
Ensure procedures, job aids, knowledge guides and other resources are clear and accurate
Required Skills:
Detail-oriented, highly organized, adaptable to ever-changing requirements
Understanding of Consumer & Small Business products, channels, and financial performance measures/drivers
Critical thinking with ability to analyze key data elements necessary to solve problems
Ability to identify key successes and opportunities, and deliver recommendations based on findings
Demonstrated intellectual curiosity and willingness to challenge the status quo
Demonstrates high level of verbal and written communication skills
Desired Skills:
4 year degree
Experience with SQL/SAS coding
Experience with Interact and/or Synergy
Proficient with Microsoft Office Suite
Enterprise Role Description :
Responsible for reviewing and pricing products and services. Analyzes the profitability of the client and/or specific services, works up pricing recommendations, and implements and verifies pricing. Must work closely with Product managers on pricing strategies and involve Product managers on deals when necessary. Is responsible for communicating with sales officers and addressing pricing questions and/or issues from the Sales team. Must also be aware of the deal size and arrange for senior management approval calls. May act as an individual contributor or may lead a smaller team in developing and/or influencing pricing strategies and profitability. Provides comprehensive solutions to complex problems or needs. Has extensive technical or functional knowledge of pricing strategies and models.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Learn more about this role
Full time
JR-22037639
Band: H5
Manages People: No
Travel: Yes, 5% of the time
Manager:
Talent Acquisition Contact:
Jennifer Potter
Referral Bonus:
0
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .
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