Bank of America Corporation

Treasury Product Manager

Bank of America Corporation • $100K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 5-7+ years of product management experience with a focus on Canadian cash management
  • In-depth knowledge of digital assets and Payments Canada Modernization program preferred
  • Background in payment systems and banking product integration
  • Experience in new product development
  • Strong understanding of local payments and banking delivery channels
  • Familiarity with US and international treasury management

Responsibilities

  • Oversee product profitability, including revenue and profit margin management
  • Interpret and apply risk management policies and standards to product management
  • Define and drive product enhancements based on market trends and competitive landscape
  • Lead funded projects to address existing product gaps
  • Serve as subject matter expert for internal partners in Sales, Implementation, and Servicing
  • Conduct regular business reviews to monitor revenue, cost, and key performance metrics
  • Support senior leadership with analytical insights for strategic decision-making

Benefits

  • Emphasis on a culture of excellence and meritocracy
  • Commitment to professional development and opportunity
  • Focus on accountability and performance measurement
  • Encouragement of collaboration across teams
  • Flexible work hours with a standard workweek of 37.5 hours
Full Job Description
Job Description

The GTS Product Management team is currently looking for a Treasury Product Manager in Toronto, who will report to the Head of Canada Product Management.

The Canada Product Management Team is mandated to grow both domestic payments and receipts through the enhancement of our existing offering and the development and launch of new products. Serving both the corporate and commercial lines of business, the team's responsibilities include end-to-end product and P&L management, new product development and product launches, pricing, training and marketing.

The Treasury Product Manager will be responsible for managing evolving digital asset, open banking, bill payment and innovation for Global Corporate and Commercial clients doing business in Canada. In addition, the Treasury Product Manager will be responsible for sourcing new opportunities to grow Canadian cash management business as well as driving funded initiatives. The Treasury Product Manager will demonstrate strong financial and analytical skills, and the ability to work independently as well as with virtual project members.

Responsibilities
  • Oversee a set of product(s) and maintains financial responsibility, including accountability for profit and loss activities such as revenue, profit margins, etc.
  • Interpret policy and standards of a risk management framework, applying them to the products under management
  • Understands product functionality, marketplace trends, and the competitive landscape to help define and drive product enhancements to existing product sets
  • Drive the completion of funded projects to close existing product gaps
  • Support internal partners in Sales, Implementation and Servicing as a subject matter expert on local Canada products and services
  • Provide ongoing product management, through the use of monthly/quarterly business reviews, with close attention to achievement of revenue targets, cost targets and key performance metrics
  • Support senior leadership in interpretation of analysis relevant in making strategic decisions regarding current and future payments/financial solutions


Qualifications
  • Bachelor's degree or equivalent work experience
  • A minimum of 5-7+ years of product management experience and with an excellent understanding of Canadian cash management are required
  • An in-depth knowledge of digital assets, the Biller Network and the Payments Canada Modernization program would be an asset
  • Business background in Payment systems/integration with banking products
  • New product development background
  • Must have strong knowledge of local payments and banking delivery channels
  • Must have experience in treasury services with exposure to US and International treasury management
  • A thorough understanding of Canadian cash management, including the Payments Canada's roles and responsibilities, as well as current industry initiatives, specifically Payments Canada's Modernization program
  • Strong ability to present to all levels in the organization including product executives and business partners, demonstrating excellent verbal and clear communication skills
  • Must have ability to work in a fast-paced, cross-functional environment
  • Ability to manage multiple projects simultaneously while meeting associated deadlines
  • Must have experience with data analytics and data visualization tools
  • Proficiency with PC skills (PowerPoint, Word, Excel)


What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Shift:

Hours Per Week:
37.5

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Finance & Insurance
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ
BAC
* Ladders Estimates

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