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Payments Sss Specialist
1 month ago
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
This job is responsible for leading product experts supporting Global Transaction Services in client engagements, account management, closing complex and high dollar deals, and/or emerging solution opportunities with strategic clients. Key responsibilities include serving as the product sales or industry expert in client calls, identifying opportunities and influencing solutions, and driving collaboration between product, sales, and client relationship teams to package marketing leading solutions that address client challenges.
At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology.
The role focuses on supporting business development and sales, helping the Payments SSS team in meeting targeted annual new business goals. Assisting the business to develop leads from an existing client base and closing deals is the determinant of success. The role also includes responsibility over business reporting, managing internal performance communication, internal/external data analytics, and developing client facing content.
While North America-based clients will form the bulk of client engagement, the individual will also need to partner with SSS & Sales teams in other regions to drive the sales process, maximize global opportunity, and deliver the global firm to the client.
Payments is a core component of our clients' treasury processes, as such, this role will require partnership with other GPS business lines including Trade, Liquidity, Receivables, and FX Payments. This provides an opportunity to extend your knowledge of the bank's treasury solutions and how we help clients to resolve complex, cross-currency payments/receipts processes.
Core Function:
- Key job responsibilities include supporting the execution of product sales strategies across LOBs and regions inclusive of direct deal support, prospecting and on-going sales and coverage education.
- Must work with globally-based sales and product managers to promote cross-currency payments capabilities and pursue marquee deals, including coordination with regionally-based product executives in developing, implementing and promoting required capabilities. Participate in and drive industry dialogue on pertinent Payments topics to ensure BofA’s and our clients’ interests are appropriately represented.
- Provide product expertise and platform differentiation to support Sales officers.
- Oversee reporting including pipeline of business opportunities and monthly industry performance dashboards
**Responsibilities**:
- Manages client engagements and reviews, account management, complex deals, and/or emerging solution opportunities with clients to grow market share through deal support
- Serves as a bank representative presenting at key industry events, leading consultative discussions at multiple levels of the organization, and providing product line expertise
- Assists banking line partners in understanding treasury management, product risk, and ensuring applicable policies are applied through the sales cycle
- Manages the strategy and tactical execution of segment initiatives across all major Lines of Business, driving collaboration between product, sales, and client relationship teams
- Identifies and develops responses to emerging product trends, competitive strategies, and market gaps
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