Job Description About Bank of America Merrill Lynch:
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading. Connecting Asia Pacific to the World Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies.
Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion mission.
Bank of America Merrill Lynch is an equal opportunities employer
Global Transaction Services (GTS) provides liquidity management, payments and receipts, trade and supply chain finance, foreign exchange and commercial card services to three million small businesses, thousands of middle market companies, and to multinational corporations, financial institutions and governments around the world.
As a Product Manager for Payments, you will work as a part of a team to successfully deliver the payment product strategy to APAC clients of all segments. Your role will include spearheading revenue tracking, management and participation in client events. You will liaise closely with support teams such as marketing, communications to ensure delivery of quality product material. In addition, you will work closely with Digital Channels product managers to improve bank channel capabilities, research and provide feedback on fast changing digitalization activities in the banking industry.
Work closely with sales and solution teams in structuring client solution
Support sales teams in preparing responses to non-standard RFPs
Work closely with country product partners to improve product & service capabilities
Focus on driving inbound business in FI and corporate segments. Identify cross sell opportunities
Analysis of core drivers which include monthly pipeline, implementation, revenue and volumes to identify key issues impacting the business
Manage transaction clearing strategy across APAC including multi-bank and correspondent bank relationships
Support team lead in development strategy and roadmap for the payables product and perform ad hoc projects in specific areas
Participate in strategy development around innovation and new clearing memberships
Gather market intelligence on changing payment landscape. Identify opportunities and debate ideas to ensure bank's digital channel strategy is well in touch with market needs
Manage BAU product with product competitor gap analysis, client pricing and P&L analysis and reporting
Active monitoring of regulatory, compliance policy changes and apply guidelines to payment processes and procedures
Develop product-training materials and sales tools
Active participation in risk management forums
Lead discussions with third party service providers during service and cost review
7+ years, international treasury management experience with good demonstrable knowledge of wholesale payments related products
Strong interpersonal and organizational skills
High integrity, energy and exhibiting ambition and drive
Demonstrate initiative, follow-through and the ability to work with limited supervision
Good decision making and multi-tasking abilities
Ability to learn quickly, core capabilities including end-to-end operational and technology workflows, processes and key business contacts, client buying behavior by different segments and specific global and regional solutions
Good at detailed work with strong analytical skills
Experienced in managing the delivery of services in a matrixed environment with a diverse portfolio of partners and stakeholders
Ability to work across multiple functional teams, across time zones, to set direction, enable sales activities / initiatives, drive and implement change, and solve problems
Strong presentation and communication skills
Strong in Microsoft Office suite skills, particularly with Word, Excel, PowerPoint; able to put together reports/decks, Visio
Global Cash Management and Foreign Exchange knowledge an added advantage
It is expected that the successful applicant will be able to demonstrate strong execution skills and a preparedness to work as part of a team, which may occasionally involve taking on work outside of the above stated responsibilities. This role will likely involve some international travel.
Posting Date: 31/10/2018 Location: 2 QUEEN'S RD - CHEUNG KONG CENTER - Hong Kong
Full / Part-time: Full time Hours Per Week: 40
Internal Number: 4792959
About Bank Of America / Merrill Lynch
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