Bank of America

Consumer Product Strategy Analyst

Bank of America

Boston, MA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a strategic thinker with a passion for consumer products? Do you have a strong analytical mindset and a knack for identifying market trends? Bank of America is seeking a talented and driven individual to join our team as a Consumer Product Strategy Analyst. In this role, you will play a key role in developing and executing product strategies that drive growth and enhance customer experience. If you have a keen eye for detail, excellent communication skills, and a strong understanding of the financial industry, we want to hear from you. Join our dynamic team and be a part of shaping the future of consumer banking at Bank of America.

  1. Conduct research and analysis to identify market trends, consumer needs, and competitive landscape.
  2. Develop and execute product strategies that drive growth and enhance customer experience.
  3. Collaborate with cross-functional teams, including marketing, product development, and finance, to gather insights and leverage resources.
  4. Monitor and report on product performance and make recommendations for improvements or adjustments.
  5. Stay current on industry and regulatory changes that may impact product strategy.
  6. Identify and assess potential risks and opportunities associated with new product initiatives.
  7. Create presentations and reports to communicate strategy, findings, and recommendations to leadership.
  8. Utilize data and analytics to inform decision-making and measure the success of product strategies.
  9. Conduct market research and gather customer feedback to inform product development and enhancements.
  10. Continuously evaluate and refine product strategies to ensure alignment with company goals and objectives.
  11. Collaborate with external partners, such as vendors or consultants, to support product initiatives.
  12. Foster a culture of innovation and continuous improvement within the consumer product team.
  13. Maintain a strong understanding of Bank of America's products, services, and customer base.
  14. Adhere to company policies, procedures, and regulatory guidelines.
  15. Act as a subject matter expert on consumer product strategy and provide guidance to colleagues as needed.
Where is this job?
This job is located at Boston, MA, USA
Job Qualifications
  • Bachelor's Or Master's Degree In Business Administration, Marketing, Or Related Field.

  • Minimum Of 3 Years Experience In Consumer Product Strategy, Preferably In The Financial Services Industry.

  • Strong Analytical And Problem-Solving Skills, With Experience In Using Data And Consumer Insights To Inform Business Decisions.

  • Excellent Communication And Interpersonal Skills, With The Ability To Collaborate And Present To Cross-Functional Teams.

  • Knowledge Of Consumer Behavior, Market Trends, And Competitive Landscape In The Financial Services Industry.

Required Skills
  • Product Development

  • Strategic Planning

  • Data Analysis

  • Market Research

  • Brand management

  • Pricing strategy

  • Customer segmentation

  • Competitive analysis

  • Product positioning

  • Cross-Functional Collaboration

  • Product

  • Trend Forecasting

Soft Skills
  • Communication

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • flexibility

  • Teamwork

  • collaboration

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Consumer Product Strategy Analyst in Boston, MA, USA is between $60,000 and $90,000 per year. However, this can vary depending on the specific company, years of experience, and other factors. Some companies may offer higher salaries for more experienced analysts or for those with specialized skills in areas such as market research or data analysis. Additionally, factors such as location, industry, and company size can also impact the salary range for this position.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 12th, 2024
Apply BeforeSeptember 18th, 2025
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About Bank of America

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.

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