Director, Singapore Country Product Manager, Global Payments Solutions, Singapore

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

As a country product manager for Singapore, reporting to Head of Treasury Product Southeast Asia, the incumbent will manage the development and growth of transaction banking business in the country. The successful candidate will be responsible for managing including product development & commercialization of all Treasury Products (payments, collections, liquidity, balance sheet, cards, bank notes and channels) locally and will be accountable for the implementation and execution of the strategy.

The incumbent will require to work closely with key internal business partners, particularly sales, client servicing and fulfillment, operations, change management, compliance, legal and technology to commercialize new product solutions and grow the business, ensure compliance with the regulations, improve operational efficiency, mitigate business risks and ensure end to product delivery and performance to clients.

Responsibilities:

• Oversees a set of product(s) and maintains financial responsibility, including accountability for profit and loss activities such as revenue, profit margins, etc.
• Identifies and creates plans for product development, supporting the creation of sales training programs, and marketing materials to educate clients and internal teams on product capabilities.
• Understands product functionality, marketplace trends, and the competitive landscape to provide awareness of trends to sales and marketing teams.
• Develops and/or influences product strategy, driving products in cash management to provide comprehensive solutions across the bank.
• 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.
• Drives transaction and revenue growth and manages associated financial processes (i.e., forecast, monthly flash reporting, etc.)
• Collaborates with internal technology subject matter experts and research product-related trends in order to provide an integrated and automated client experience.

Required

• Bachelor's Degree with more than 15 years of relevant experience
• Sound knowledge of financial products and solutions
• Excellent written and oral communication skills in English
• Strong leadership, presentation and interpersonal skills
• Sound knowledge of Microsoft office products i.e., PowerPoint, Excel, Word
• Relevant knowledge of global ERP systems and clearing infrastructure

Desired

• Experience of working in leading global bank for over 10 years in transaction banking
• Knowledge of regional products & solutions with focus on Southeast Asia
• Experience of working with Fintech's and delivering solutions
• Knowledge of tax and regulatory environments