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Small Business Lending Sr. Product Manager - Portfolio Management and Product Development

Company: Bank of America
Location: Jacksonville
Posted on: January 16, 2022

Job Description:

Job Description:Small Business Lending Sr. Product Manager will be responsible for supporting small business lines and loans by developing multigenerational product loan growth strategies, making product enhancements to improve client experience and operational efficiency, and developing risk mitigation tactics. Small Business Lending Sr. Product Manager - Portfolio Management and Product Development Additional Responsibilities include:Develop and deploy portfolio strategies to build portfolio credit line balances within Bank's risk appetite, design competitive offers that minimize portfolio attrition on loan/line products, and enhance operational efficiencyDeliver and execute innovative ideas to drive product engagement from Sales channels for Business Advantage Lending products including Cash-secured & Unsecured Business Advantage Credit Line products, BA Term Loans, and legacy lines of credit portfolio-- --- --- --- -Engage with Technology partners to ensure progress on development and on-time launch of the Cash-secured Business Advantage Credit Line productRequires strong partnership with the following teams: Sales, Underwriting, Credit Strategies, Credit Risk, Digital, Marketing, Business Control, Technology, Fulfillment, and ServicingAbility to manage and monitor run-off lines of credit legacy portfoliosLiaise with Digital Channel Partners to ensure best-in-class digital capabilities for Business Advantage productsEnsure product metrics dashboard reporting is relevant and error freeAbility to liaise with Finance and Analytics teams to conduct ad-hoc analysis to size business opportunities and develop strategy recommendationsDeveloping short-term and long-term strategies designed to meet client needs Required Skills:5+ years of effective strategic product or financial services management experienceOrganizational skills - ability to ensure coordination, connectivity, and measurement discipline of multiple high impact efforts simultaneouslyProven ability to solve complex problems through structured analyticsProven ability to identify, analyze, and develop initiatives challenging the status quoCommunicates and influences with impact; Demonstrates high level of written and oral communication skillsDetailed oriented, ability to handle multiple priorities with acute attention to detailResults-oriented with proven track record of establishing accountabilityAbility to work independently and prioritize work to meet deadlines/milestones Desired Skills:MBA preferredUnderstanding of Business lending productsExperience with ICDP/TSYS or GUS/LoanIQ lending platformsExperience with credit risk managementJob Band:H4Shift:-- -1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 --> Job Description:Small Business Lending Sr. Product Manager will be responsible for supporting small business lines and loans by developing multigenerational product loan growth strategies, making product enhancements to improve client experience and operational efficiency, and developing risk mitigation tactics. Small Business Lending Sr. Product Manager - Portfolio Management and Product Development Additional Responsibilities include:Develop and deploy portfolio strategies to build portfolio credit line balances within Bank's risk appetite, design competitive offers that minimize portfolio attrition on loan/line products, and enhance operational efficiencyDeliver and execute innovative ideas to drive product engagement from Sales channels for Business Advantage Lending products including Cash-secured & Unsecured Business Advantage Credit Line products, BA Term Loans, and legacy lines of credit portfolio-- --- --- --- -Engage with Technology partners to ensure progress on development and on-time launch of the Cash-secured Business Advantage Credit Line productRequires strong partnership with the following teams: Sales, Underwriting, Credit Strategies, Credit Risk, Digital, Marketing, Business Control, Technology, Fulfillment, and ServicingAbility to manage and monitor run-off lines of credit legacy portfoliosLiaise with Digital Channel Partners to ensure best-in-class digital capabilities for Business Advantage productsEnsure product metrics dashboard reporting is relevant and error freeAbility to liaise with Finance and Analytics teams to conduct ad-hoc analysis to size business opportunities and develop strategy recommendationsDeveloping short-term and long-term strategies designed to meet client needs Required Skills:5+ years of effective strategic product or financial services management experienceOrganizational skills - ability to ensure coordination, connectivity, and measurement discipline of multiple high impact efforts simultaneouslyProven ability to solve complex problems through structured analyticsProven ability to identify, analyze, and develop initiatives challenging the status quoCommunicates and influences with impact; Demonstrates high level of written and oral communication skillsDetailed oriented, ability to handle multiple priorities with acute attention to detailResults-oriented with proven track record of establishing accountabilityAbility to work independently and prioritize work to meet deadlines/milestones Desired Skills:MBA preferredUnderstanding of Business lending productsExperience with ICDP/TSYS or GUS/LoanIQ lending platformsExperience with credit risk managementJob Band:H4Shift:-- -1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 Job Description: Small Business Lending Sr. Product Manager will be responsible for supporting small business lines and loans by developing multigenerational product loan growth strategies, making product enhancements to improve client experience and operational efficiency, and developing risk mitigation tactics. Small Business Lending Sr. Product Manager - Portfolio Management and Product Development Additional Responsibilities include:Develop and deploy portfolio strategies to build portfolio credit line balances within Bank's risk appetite, design competitive offers that minimize portfolio attrition on loan/line products, and enhance operational efficiencyDeliver and execute innovative ideas to drive product engagement from Sales channels for Business Advantage Lending products including Cash-secured & Unsecured Business Advantage Credit Line products, BA Term Loans, and legacy lines of credit portfolio-- --- --- --- -Engage with Technology partners to ensure progress on development and on-time launch of the Cash-secured Business Advantage Credit Line productRequires strong partnership with the following teams: Sales, Underwriting, Credit Strategies, Credit Risk, Digital, Marketing, Business Control, Technology, Fulfillment, and ServicingAbility to manage and monitor run-off lines of credit legacy portfoliosLiaise with Digital Channel Partners to ensure best-in-class digital capabilities for Business Advantage productsEnsure product metrics dashboard reporting is relevant and error freeAbility to liaise with Finance and Analytics teams to conduct ad-hoc analysis to size business opportunities and develop strategy recommendationsDeveloping short-term and long-term strategies designed to meet client needs Required Skills:5+ years of effective strategic product or financial services management experienceOrganizational skills - ability to ensure coordination, connectivity, and measurement discipline of multiple high impact efforts simultaneouslyProven ability to solve complex problems through structured analyticsProven ability to identify, analyze, and develop initiatives challenging the status quoCommunicates and influences with impact; Demonstrates high level of written and oral communication skillsDetailed oriented, ability to handle multiple priorities with acute attention to detailResults-oriented with proven track record of establishing accountabilityAbility to work independently and prioritize work to meet deadlines/milestones Desired Skills:MBA preferredUnderstanding of Business lending productsExperience with ICDP/TSYS or GUS/LoanIQ lending platformsExperience with credit risk management Shift:1st shift (United States of America) Hours Per Week:-- -40

Keywords: Bank of America, Jacksonville , Small Business Lending Sr. Product Manager - Portfolio Management and Product Development, Executive , Jacksonville, Florida

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