Deposit Product Pricing Manager

Charlotte, North Carolina;Newark, Delaware; New York, New York; Boston, Massachusetts; Jacksonville, Florida; Phoenix, Arizona

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job 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.

Responsible for organizing and executing deposit interest rate and fee changes from an operational and analytical perspective. This role will use data to answer questions for business partners and leadership, develop requirements for future projects, analyze issues and determine the success of past initiatives.

Required Skills:

• Able to generate and edit complex SQL

• Ability to design and execute data analysis and develop insights

• Ability to navigate large datasets, assess data quality, and build automated reporting solutions

Desired Skills:

• Proficient with Microsoft Office Suite

• Ability to form strong partnerships with key stakeholders and work with them on initiatives

• Understanding of Consumer & Small Business products, channels, and financial performance measures/drivers

• Detail-oriented, self-starter who takes initiative, works independently, and escalates issues or concerns effectively

Skills:

• Attention to Detail

• Business Analytics

• Critical Thinking

• Data and Trend Analysis

• Financial Analysis

• Collaboration

• Financial Forecasting and Modeling

• Problem Solving

• Process Management

• Product Management

• Market Analysis

• Oral Communications

• Profitability Analysis

• Reporting

• Strategic Thinking

Shift:

1st shift (United States of America)

Hours Per Week:

40

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.

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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.