Singapore, SGP
50 days ago
Vice President, Corporate Payables (Asia Pacific), Global Payments Solutions, Singapore
Vice President, Corporate Payables (Asia Pacific), Global Payments Solutions, Singapore Singapore, Singapore **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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **Position Description** As a Product Manager for Corporate Payables, you will work as a part of a team to successfully deliver the Payables product strategy to APAC clients.Your role will include product development and commercialization, driving revenue growth, cost management, risk management, client solutioning, active engagement with key stakeholders including compliance, operations, tech, legal etc. **Responsibilities include:** + Drive the **product development** initiatives with technology, operations, and risk partners. + Lead the development of the regional strategy and tactics for the vendor payments platform. + Collaborate with business partners in GTS including Regional and Global Product Management, Technology, Operations, and the Vendor to develop holistic and use cases for ongoing enhancements. + Review high-level and low-level design documents and ensure traceability to business requirements to validate that all business requirements are met in the most effective and efficient methods. + Coordinate with Product and Operations to develop appropriate internal and external client communications. + **Manage product risk** in close coordination with Compliance and risk partners. Ensure product documentation is aligned to the risk framework and participate in risk management forums. + Active monitoring of regulatory, compliance policy changes and apply guidelines to payment processes and procedures. + Work closely with sales and solution teams in **structuring client solution** + Work closely with global product partners to improve product & service capabilities. + Analysis of core drivers which include monthly pipeline, implementation, revenue, and volumes to identify key issues impacting the business. + Gather market intelligence on changing payment landscape. Identify opportunities and debate ideas to ensure bank’s strategy is aligned to market Manage BAU product with product competitor gap analysis, client pricing and P&L analysis and reporting. + Develop product-training materials and sales tools. **Required skills:** + 7+ years, international treasury management experience with good demonstrable knowledge of payments and clearing related products including product development. + Strong interpersonal and organizational skills + Demonstrate initiative, follow-through and the ability to work with limited supervision + 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 and decks + 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. **Desired Skills:** + Agile product development experience + Experience working on large scale transformation projects spanning multiple geographies, nice to have + Experience with technology development and testing processes 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, 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. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. 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.
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