Responsible for the product management of Bank of America's Small Business Administration program. Specifically this would include product management over the bank's SBA Express program, SBA 7A program, and SBA 504 program. Product Manager will be expected to partner closely with Head of SBA and Head of SB Credit Administration on the one-team approach to delivering for BAC clients.
Role responsibilities include but not limited to:
Developing and maintaining product/program positioning, developing and maintaining sales acquisition strategies, developing and maintaining portfolio management strategies, developing and maintaining retention strategies.
Ensuring achievement of SBA balance growth objectives and portfolio credit/asset quality objectives.
Devising and implementing improvements/action plans to the client's experience with the SBA products, including being accountable for product/program complaint reviews.
Identifying responsible growth initiatives and being accountable for building the case for change as well as leading the design and deployment/implementation of the initiative into production.
At least 10 years of financial industry experience
5+ years of experience with small business banking (credit sales, credit underwriting, credit risk management, credit policy development and administration, etc.)
Demonstrated product management experience
Strong program/project management experience
Strong analytical skills including P&L management and business case development
Ability to identify, develop and build strategic growth initiatives
Ability to influence with impact
Exceptional written and oral communication skills
Ability to be an individual contributor that is highly self-motivated but have the skills to effectively lead small scale teams to drive out improvement efforts
BAC small business lending experience
Experience with SBA programs/products
Experience with credit risk management
Developing and implementing a strategic direction
Takes decisive action when issues appear and understands responsibilities for issue resolution
Ability to influence outcomes with LOB stakeholders and to navigate through organizational complexity
Posting Date: 09/05/2018
Location: Newark, DE, Deerfield I, 655 Paper Mill Rd, Jacksonville, FL, Downtown Jacksonville Office, 50 N Laura St, Atlanta, GA, 3455 PEACHTREE RD NE (GA7024), Boston, MA, 100 FEDERAL ST (MA5100), Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE ST, Charlotte, NC, 13510 BALLANTYNE CORPORATE PL (NC2109), Philadelphia, PA, FOUR PENN CENTER, 1600 JFK BLVD, - United States
Travel: Yes, 15% of the time
Full / Part-time: Full time
Hours Per Week: 40
Shift: 1st shift
Bank Of America Corporation