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Bank of America

Specialized Product Sales Specialist

Posted 19 Days Ago
Be an Early Applicant
19 Locations
105K-175K Annually
Mid level
19 Locations
105K-175K Annually
Mid level
The Treasury Product Sales Specialist at Bank of America will drive B2B payables sales, manage client relationships, lead presentations, and engage in proactive business development.
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Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries.

We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America.

Powered by people. Driven by Technology.

As part of the Bank of America's Global Payments Solutions line of business, Global Commercial Card and Comprehensive Payables develops strategies and solutions that are closely aligned to the treasury goals of global corporate, commercial and public sector entities. We are a leading issuer of purchase cards, virtual payables accounts, and corporate travel card programs, providing exceptional services and capabilities in 20 different languages and in over 100 countries, to companies with operations all around the globe. 

We are seeking an experienced B2B Payables Sales Specialist to join our team. This payables focused sales specialist will provide subject matter expertise, in depth industry knowledge, competitive positioning, pricing and awareness across the Global Payment Solutions client base. 

Job Responsibilities:

As a GPS B2B Specialized Product Sales Specialist, the candidate will have experience working within a highly matrixed organization, supporting multiple key stake holders, and managing multiple contacts within our clients’ organizations, including Procurement, Travel Management, Shared Service Centers and Accounts Payables.  Internal contacts will include client management, fulfillment, contract management, product management, and senior management teams. Candidate will think innovatively, act globally, drive inclusion across teams and operate in a dynamic and fast paced global organization.

This individual will be responsible for performing proactive lead generation, business development engagements via industry conferences and client calling, lead formal client engagements from sourcing, RFP responses, pricing strategy, formal pitches and software demonstrations, during formal presentation of the Bank of America offering. The candidate will have in depth knowledge of our payables offering across the Global Transaction Services platform, including Corporate Travel and Purchasing Cards, Virtual Payables and Travel Cards, Comprehensive Payables and other B2B payables products. 

  • Own sales efforts, through proactive prospect lead generation, and the development and nurturing of client relationships

  • Continual education to maintain status as a best in class subject matter expert, with deep understanding of  product functionality, value proposition, industry trends and the competitive landscape

  • Writing RFI/RFP responses and delivering best and final presentations to clients and their leadership team

  • Creating and driving formalized routines with all regions and key business partners such as Product Management, Treasury Sales, Relationship Management, Implementations, Customer Service, Account Management and Product Sales, and executive leadership

  • Briefing senior leaders on sales efforts, deal overview and strategy to win

  • Being the voice of our clients to drive innovation and enhancements to our product offering on a regular and formal basis

  • Partnering with the broader bank organization to gain access to senior level contacts within prospects/client

  • Conducting and leading client presentations in person, over the telephone and via WebEx, to all levels of client organizations, including senior treasury, finance, purchasing and travel management teams

  • Performing platform/technology demonstrations, and communicating features and benefits to clients

  • Pricing deals and leading pricing and contract negotiations with clients

  • Developing and delivering internal training sessions on products, services and value proposition to Treasury Sales and Relationship Management Teams, and other business partners

  • Representing organization at internal and external client conferences and trade shows, and generating new leads for Card and Comprehensive Payables business 

Job Requirements:

  • BA/BS Degree or equivalent work experience

  • Minimum 3 years of experience in the payables marketplace, with an understanding of the competitive landscape and regional marketplace variations

  • Global Commercial Card & Comprehensive Payables subject matter expertise, in sales, account management or product role

  • Sales experience within a large, global financial institution

  • Knowledge of treasury management and card and comprehensive payables services

  • Project management skills

  • Experience in Accounts Payable

  • Proven ability to work in a demanding, fast-paced global environment

  • Experience working within a highly matrixed organization

  • Strong communication skills – both verbal and written

  • World-class presentation skills

  • Proven leadership skills across multiple organizations

  • Ability and desire to think creatively to deliver business results, both independently and as part of a team

  • Experience leading technology demonstrations and discussions

  • Ability to manage multiple projects simultaneously

  • Skilled in working with Microsoft Office applications

  • Ability to travel up to 30% 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 Ncd (CA6814), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range$105,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This 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.

Benefits

This 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.

Top Skills

MS Office
HQ

Bank of America Charlotte, North Carolina, USA Office

100 North Tryon Street, Charlotte, NC, United States, 28202

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