Consumer Product Strategy Manager I - Consumer Card Acquisition Strategy bei Ghr

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 leading a group of employees who perform 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.

The Consumer Credit New Account Strategy Manager I will be responsible for developing and managing Preselect & Targeting strategies for Consumer Credit Card new account acquisition.  This role requires the ability to lead/mentor peers while managing large-scale projects that require coordination with multiple internal and external partners.

The analyst will leverage advanced analytical techniques to drive targeted outcomes and maintain robust credit strategy controls. Proficiency in SQL and SAS is essential, along with experience in managing and analyzing large datasets. The role also involves developing custom reporting tools to monitor strategy performance and identify opportunities for enhancement.

Success in this role requires strong communication and influencing skills, with the ability to engage effectively with stakeholders across Finance, Credit Risk, Product, Legal, and Compliance. The analyst is expected to develop deep business and technical acumen and demonstrate initiative in independently driving strategic improvements.

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 functions
• Designing and implementing acquisition strategies in collaboration with cross-functional teams.
• Partnering with Credit Risk Modeling to support model development and validation.
• Presenting strategic recommendations and project outcomes to senior leadership and Risk Governance.
• Coordinating with Business Enablement and Operations to ensure seamless strategy implementation.

Required Qualifications:

• 5 years of experience in a Financial Business Setting, Risk Management or Risk/Marketing Analytics type functional role.
• Ability to work independently as a self-starter and oversee analysts.
• Strong communication (oral, written) and organizational skills; must exhibit a high attention to detail and strong writing ability along with proven experience of telling a story with data.
• Expertise manipulating database software and analytical/reporting tools, such as Python, SAS, SQL, Tableau
• Ability to manage multiple stakeholders and navigate across multiple business lines. 
• Strong working knowledge of the process and tools used for development, validation, implementation, and documentation of credit risk and/or marketing business strategies and/or models.
• Proficient in MS Office applications (Excel, PowerPoint, and Word).
• Be a team player and a thoughtful risk-taker.
• Ability to communicate effectively and influence others to drive results.
• Effective project management and organizational skills; ability to collaborate, manage, and expand relationships across the organization.
• Previous experience in presenting to Senior Management

Desired Qualifications:

• Knowledge of predictive modeling concepts and how models are used to forecast P&L components
• Credit Strategy Management experience strongly desired.
• Ability to influence at all levels of the organization, including functional partners
• Strong understanding of general financial concepts (ROE, ROA, RAS, etc…)
• Proven history of good planning and process management skills, able to run several analytical projects independently at the same time, generate results and prioritize within given guidelines.

Skills:

• Analytical Thinking
• Data and Trend Analysis
• Fraud Management
• Prioritization
• Talent Development
• Business Analytics
• Critical Thinking
• Data Visualization
• Decision Making
• Presentation Skills
• Collaboration
• Conflict Management
• Innovative Thinking
• Issue Management
• Oral Communications

Shift:

Hours Per Week: