Vice President; Sr Retirement Product Manager

$140,500 - $176,800/Yr

Bank of America - Pennington, NJ

Full-time - Mid Level

Pennington, NJ

Credit Intermediation and Related Activities

About the position

The position at Bank of America involves strategic product management and data analysis for Equity Award solutions aimed at various market segments. The role focuses on understanding customer demographics, market trends, and competitive analysis to enhance product offerings and ensure timely releases. It emphasizes collaboration with internal teams and stakeholders to develop innovative solutions that meet the needs of affluent and high-net-worth clients, utilizing Agile methodologies and performance metrics to drive product success.

Responsibilities

• Collect and analyze data on customer demographics, preferences, and needs to identify potential markets and factors affecting product demand.
• Responsible for strategic direction and product management for Equity Award solutions for small, middle market, and large companies.
• Gather data on competitors and analyze their prices, sales, and methods of marketing and distribution.
• Involve in multiple and complex product development initiatives, working with relationship and internal teams on equity product management items and new client opportunities.
• Provide innovative value propositions and product solutions that address the needs of affluent and high-net-worth customers.
• Develop and maintain product strategic plans and project performance metrics and forecasts.
• Gather and analyze market trends, competition, and client feedback to identify requirements for product enhancements and new features.
• Apply solution design tools and techniques collaborating with application architects, development teams, UX designers, and other stakeholders to build technology solutions.
• Use the Agile development methodology to manage the product backlog and prioritize feature development, including the use of Jira and the ability to author epics and stories.
• Define, monitor, and analyze key performance indicators (KPIs) to ensure timely product releases, adoption, and error rates using Salesforce, MicroStrategy, Channel Analytics, and system logs.
• Develop test strategy, test plans, and test cases for cross-functional integration and user acceptance testing of new features prior to market release.

Requirements

• Master's degree or equivalent in Finance, Business Administration, Marketing, or related field.
• 3 years of experience in the job offered or a related Finance occupation.
• 3 years of experience in gathering and analyzing market trends, competition, and client feedback to identify requirements for product enhancements and new features.
• 3 years of experience applying solution design tools and techniques collaborating with application architects, development teams, UX designers, and other stakeholders to build technology solutions.
• 3 years of experience using the Agile development methodology to manage the product backlog and prioritize feature development, including the use of Jira and the ability to author epics and stories.
• 3 years of experience defining, monitoring, and analyzing key performance indicators (KPIs) to ensure timely product releases, adoption, and error rates using Salesforce, MicroStrategy, Channel Analytics, and system logs.
• 3 years of experience developing test strategy, test plans, and test cases for cross-functional integration and user acceptance testing of new features prior to market release.

Benefits

• Competitive salary ranging from $140,500 to $176,800 per year.
• Comprehensive benefits to support physical, emotional, and financial well-being.
• Opportunities for career growth and development.
• Flexible work arrangements depending on the role.