The revenue Management team is tasked with supporting and enhancing the GTS revenue life cycle through Portfolio Pricing, Bid Pricing and Billing and Pricing maintenance. Portfolio pricing continuously looks for ways to optimize existing clients pricing and profitability, Bid pricing supports the optimal mix of new client revenue and profit, while billing supports the actual revenue realization as well as onboarding and maintenance of all price points.. The Revenue Management team supports the Sales teams across the Large Corporate, Commercial Banking, Business Banking and Public Sector Banking segments globally. In the current dynamic economic environment, the team performs a critical role in meeting Bank of America's income targets through identifying Sales opportunities, winning new business, and optimizing pricing.. The Global Head of Revenue Management will lead a team of Treasury Product Managers and Treasury Product pricing specialists to support Product Management and Sales Revenue optimization Strategies globally. The individual would be responsible for establishing the framework for sizing pricing opportunities, optimizing new revenue and margins on bid pricing, and optimizing/simplifying GTS billing price points and procedures.. Areas of focus for this role would be developing and implementing product pricing strategies, optimizing new product pricing, competitive benchmarking and pricing sensitivity analysis for Corporates, Financial Institutions and Public Sector entities of all sizes, globally.. This individual will closely partner with the GTS Sales initiative executive to support the TTR/Fee growth strategy.. Job Responsibilities. Develop, enhance and maintain Bank of America's Revenue Management Initiatives. Supervise day to day functions of the GTS Revenue Management team & set goals and manage performance for team members. Understand Sales and Market feedback & translate it to effective & winning pricing strategy. Support TTR/Fee growth Initiatives as developed and approved by senior management. 15+ years of Product Management experience preferably Liquidity experience working with Global Multinational Corporations. Previous experience in a Global Transaction Banking role & knowledge of GTS products globally. Previous Mgmt experience - directly or through leading complex projects with multiple stakeholders. Strong coaching skills & willingness to learn and adapt to new skills. Ability to successfully develop and maintain collaborative working relationships. Exceptional attention to detail & good business judgment. Comfort interacting with senior colleagues throughout the organization. Bachelor's Degree required. Ability to drive large programs (pricing execution, Data analytics, etc.). Bank of America Corporation is a bank holding company. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries ... REQUIRED SKILLS. DESIRED SKILLS
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