About the Role
This leadership role is responsible for driving the vision, strategy, and execution of transaction banking products for the Global Payments Solutions (GPS) business in Japan. The ideal candidate will possess deep industry knowledge, established regulator connectivity, a risk and compliance mindset, commercial and client experience, and the ability to lead a cross-functional team to deliver innovative solutions.
Responsibilities
- Develop and execute a comprehensive product strategy for transaction banking products, aligning with overall business objectives and market trends.
- Innovate products and solutions to enhance offerings to clients and support the growth of the GPS Japan business, collaborating with key leaders in Global Markets, Investment Banking, and Compliance.
- Lead and mentor a high-performing product team, fostering a culture of innovation and continuous improvement.
- Ensure all products comply with relevant regulations and industry standards.
- Collaborate with various teams locally, regionally, and globally, including product, technology, operations, sales, and risk & compliance, to ensure successful product development and ongoing management of the product portfolio.
- Engage with clients and stakeholders to gather feedback, understand customer needs, and drive product improvements.
- Support the creation of sales training and marketing materials to educate clients and internal teams on product capabilities.
- Conduct thorough market research and competitive analysis to identify opportunities for new product development and enhancements to existing offerings.
- Oversee the GPS product set and maintain financial responsibility, including accountability for Profit and Loss activities such as revenue and profit margins.
- Establish KPIs to measure product performance and success, making data-driven decisions to enhance product offerings.
Requirements
- Proven collaboration-focused leadership experience gained within Transaction Banking or a related division within Banking or an equivalent organization.
- Demonstrable years of experience in product management, with a focus on transaction banking or related financial services.
- Deep understanding of transaction banking services, including payments, cash management, and trade finance, and the regulatory landscape.
- Strategic, collaborative mindset with a focus on customer outcomes, compliance, operational excellence, and commercial performance.
- Innovative and creative with a proven track record of successfully launching and managing forward-looking, solution-focused banking products.
- Ability to navigate complex regulatory environments and manage risk effectively.
- Excellent analytical and problem-solving skills, with a data-driven approach to decision-making.
- Exceptional communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
- Demonstrated leadership abilities and experience in managing cross-functional teams.
Skills
- Product Strategy
- Product Innovation
- Team Development
- Regulatory Compliance
- Cross-Functional Leadership
- Customer Engagement
- Market Analysis
- Financial Responsibility
- Performance Monitoring
- Transaction Banking
- Payments
- Cash Management
- Trade Finance
- Risk Management
- Analytical Skills
- Problem-Solving
- Communication Skills
- Interpersonal Skills
- Leadership
Location
- Japan
Work Type
- In-office culture
Experience Level
- Experienced
- Leadership
Benefits
- Affordable, competitive and flexible benefits supporting physical, emotional, and financial wellness.
About the Company
- At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.
- We drive Responsible Growth and deliver for our clients, teammates, communities and shareholders every day.
- Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth.
- We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success.
- We value the unique perspectives individuals bring from all backgrounds and career paths.
- Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development.
- At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.
