Treasury Product Cash Management Specialist, Global Payments Solutions

Job Title: Treasury Product Specialist - Cash Management

Corporate Title: Vice President or Director

Location: Frankfurt, Paris, Madrid or Zurich

Company Overview

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!

Global Payments Solutions Group

Bank of America’s Global Payments Solutions (GPS) business is hiring. Our focus on combining cutting-edge technology with innovative solutions, means we consistently deliver exceptional results for our clients.

Do you want to be part of our award-winning team? We are proud to:

• Be a leading provider of treasury and cash management solutions
• Deliver for over 100,000+ clients globally, including over 73% of the Global Fortune 500
• Be at the forefront of delivering treasury solutions across all segments and all industries, from middle-market businesses to the world’s largest corporate and financial institutions
• Provide a personalised service for our clients, backed with high-tech for their liquidity management, payments and receipts, trade and supply chain finance and FX and commercial card services

We want to hear from you if you are:

• A highly-motivated individual
• Has a client-centric focus who can advocate on their behalf
• Can challenge the status quo
• Collaborate with peers as well as having the ability to influence the conversation with diverse points of view
• Innovative with forward-thinking ideas

Role Overview

As a Cash Management Specialist within the Market Management and Commercialisation team you will be a key part of Bank of America’s GPS capabilities. Payments and Receipts enables our clients to be able to operate an efficient treasury. Bank of America offers extensive services to help companies make and receive domestic, cross-border, cross-currency payments and real time payments quickly and securely.

This team is comprised of experienced product managers who are engaged in individual client opportunities and on to many marketing activities. Working closely with sales, marketing and communications partners to influence and sell cash management capabilities.

Responsibilities

Deal solutioning and request for proposal assistance for complex integrations

• Provide leadership and advisory on complex Requests for Proposals (RFPs) for client treasury solutions.
• To review and advise Sales and the Proposal Team on Request for Information (RFI)/RFP responses.
• Partner with Sales to produce and deliver RFP presentations.

Provide in-depth technical integration expertise to support new client opportunities and key existing relationships:

Integration advice and support for client connectivity solutions – Payments, Receipts and Reporting

• Deliver technical and business process expertise to help clients select the right solutions and to easily integrate with Bank of America’s treasury capabilities.
• Bridge the gap between business mandate and implementation engagement to improve onboarding and client experience.
• Provide pre-implementation solution consultation and support including ERP/TMS and channel integration.
• Assist with data transmission and security discussions.

Client advisory including treasury best practices, trends and thought leadership

• Advise on technology trends and adoption related to treasury cash management, BofA capabilities and emerging payment technologies.
• Provide expertise on market partnership and solutions (SWIFT GPI, MyStandards, SWIFT Customer Security Programme).
• Accelerate revenue generation by providing advanced subject matter expertise in presale, on-boarding, and optimization phases of the client experience with Treasury Services.
• Lead continuing education to clients and client teams on industry digital enhancements and product capabilities.
• Participate in product planning sessions and enhancement roadmap discussions by providing voice of the client feedback. Bringing unique experiences and knowledge to the discussion.
• Maintain active interest in treasury innovation, market and competitor developments and new technologies.

What we are looking for

• Display strong knowledge of the GPS business and be conversant in payment services across a broad range of industry sectors to become a trusted advisor to our clients.
• Familiarity with Treasury Services/GPS particularly payments and receivables management.
• Exhibit a breadth of understanding of the business challenges facing the bank’s clients, as they relate to core treasury capabilities.
• Strong grasp of critical principles of risk management, compliance and fraud as well as product management experience.
• Proven track record of executing on revenue growth plans within a highly complex, matrixed organization; a sense of urgency and tenacity in exceeding revenue goals that are delivered in a deliberate, inclusive, organized manner.
• Strong influencing skills and a strong network of professional relationships within industry.
• Working knowledge of new industry initiatives and FinTech development.
• Hands-on; highly energetic salesperson with drive and enthusiasm; someone who is driven by challenges and results oriented.
• Highly motivated and tenacious; perseverant and resilient in pursuing objectives and overcoming challenges.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.