Cons Prod Strategy Mgr I

Company: Bank of America
Location: Charlotte
Posted on: May 18, 2025

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 an 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.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.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description:
This job is responsible for performing strategic analysis to understand portfolio risk, increase profitability, and optimize operational performance. Key responsibilities include determining strategic priorities for the team, identifying trends, and leading efforts to maximize risk versus return for the business unit. Job expectations include using data and analytics to solve complex problems, coaching and developing employees, and partnering across technology, product, and risk leadership to drive performance.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Responsibilities:

• Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance
• Supports department-wide strategies and portfolio trend analysis, forecasting, and risk/control performance
• Leads innovation by identifying and championing large scale initiatives that improve the risk management, profitability, and control oversight of risks for the business unit
• Identifies business trends based on economic and portfolio conditions and communicates findings to senior management
• Coaches employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work
• Maintains strategic relationships with peers and counterparts across product, technology, and business control functionsRequired Qualifications:
  • SAS/SQL with hands on experience querying and analyzing data sets
  • Ability to use the data to "tell a story" and influence strategy decisions
  • Works well with teammates and key partners (Credit, Risk, Finance)
  • Ability to handle ad hoc requests and adapt to changeDesired Qualifications:
    • Familiarity with TABLEAU/MICROSTRATEGIES
    • Prior Card or other Product Experience
    • Prior use of Excel & PowerPoint for presentation creationSkills:
      • Analytical Thinking
      • Data and Trend Analysis
      • Talent Development
      • Business Analytics
      • Critical Thinking
      • Decision Making
      • Presentation Skills
      • Innovative Thinking
      • Oral CommunicationsShift:1st shift (United States of America)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 an 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.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.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description:
        This job is responsible for performing strategic analysis to understand portfolio risk, increase profitability, and optimize operational performance. Key responsibilities include determining strategic priorities for the team, identifying trends, and leading efforts to maximize risk versus return for the business unit. Job expectations include using data and analytics to solve complex problems, coaching and developing employees, and partnering across technology, product, and risk leadership to drive performance.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
        Responsibilities:
        • Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance
        • Supports department-wide strategies and portfolio trend analysis, forecasting, and risk/control performance
        • Leads innovation by identifying and championing large scale initiatives that improve the risk management, profitability, and control oversight of risks for the business unit
        • Identifies business trends based on economic and portfolio conditions and communicates findings to senior management
        • Coaches employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work
        • Maintains strategic relationships with peers and counterparts across product, technology, and business control functionsRequired Qualifications:
          • SAS/SQL with hands on experience querying and analyzing data sets
          • Ability to use the data to "tell a story" and influence strategy decisions
          • Works well with teammates and key partners (Credit, Risk, Finance)
          • Ability to handle ad hoc requests and adapt to changeDesired Qualifications:
            • Familiarity with TABLEAU/MICROSTRATEGIES
            • Prior Card or other Product Experience
            • Prior use of Excel & PowerPoint for presentation creationSkills:
              • Analytical Thinking
              • Data and Trend Analysis
              • Fraud Management
              • Prioritization
              • Talent Development
              • Business Analytics
              • Critical Thinking
              • Data Visualization
              • Decision Making
              • Presentation Skills
              • Collaboration
              • Innovative Thinking
              • Oral CommunicationsShift:1st shift (United States of America)Hours Per Week:40Pay Transparency detailsUS - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$109,000.00 - $153,200.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Bank of America is committed to help employees through the transition period when they're displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.Regardless of the position you are interested in, the starting points to building your resume are the same:
                1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.
                2.Think about why you can do the job and make a list of your skills that are relative to the job.
                3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.
                4.Summarize your abilities, accomplishments and skills into a brief, concise document.
                Considerations when writing a resume
                ---Do be brief. Resumes should be 1-2 pages in length.
                ---Do be upbeat and active in your wording.
                ---Do emphasize what you have done clearly and concretely.
                ---Do be neat and well organized.
                ---Do have others proofread and critique your resume. Spell check. Make it error free.
                ---Do use high quality, white or light colored 8 - x 11 paper. Use a laser printer if possible.
                ---Don't be dishonest, always tell the truth about yourself in the most flattering light.
                ---Don't include salary history or requirements.
                ---Don't include references.
                ---Don't include accomplishments that do not support your professional goals.
                --- Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)
                ---Don't use italics, underlining, shadows or other fancy treatments.Seven steps to a successful interview
                1.Anticipate -Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?
                2.Research -What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?
                3.Assess -Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.
                4.Prepare Answers -Think about what the interviewer may ask, determine what the best answer is and write it down.
                5.Prepare Questions - Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.
                6.Practice - It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.
                7.Follow-up - Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.
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Keywords: Bank of America, Burlington , Cons Prod Strategy Mgr I, Other , Charlotte, North Carolina