Bank of America Corporation

Global Transactional FX Product Manager

Bank of America Corporation$105K — $164K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in product management or related fields.
  • Strong understanding of cross-border payments and foreign exchange concepts.
  • Proven ability to analyze and drive solutions both independently and collaboratively.
  • Excellent communication skills to build relationships and influence stakeholders.
  • Experience in developing and executing product growth strategies.
  • Solid grasp of risk management principles, especially compliance and operational risk.

Responsibilities

  • Develop insights and analytics to identify trends and opportunities in FX markets.
  • Create business cases for product enhancements, assessing ROI and market impact.
  • Engage with clients to support complex deal origination and provide product expertise.
  • Collaborate with sales and trading teams to drive revenue and enhance client solutions.
  • Lead operational risk and control processes for the Global Transactional FX team.
  • Establish risk management frameworks and ensure adherence to governance policies.
  • Oversee risk-related activities, including design controls and issue management.

Benefits

  • Industry-leading benefits package.
  • Access to paid time off.
  • Resources and support for employee growth.
  • Opportunities to contribute to community-focused initiatives.
Full Job Description
Job Description:

The Global Transactional FX team is seeking add a team member to assist in product commercialization, and performance management for our automated FX product suite, financials in addition to supporting operational risk deliverables.

TFX Product Strategy & Growth
  • Develop data-driven insights and analytics across clients, products, and geographies to identify trends, opportunities, and competitive positioning.
  • Develop business cases to support product enhancements and expansion, including ROI, cost efficiencies, and market share impact.
  • Client Engagement & Commercialization
  • Partner closely with FX Specialized Product Sales, GPS Sales, Client Coverage, eFX Sales, and Trading to drive pipeline and achieve revenue targets.
  • Support complex deal origination by providing deep product expertise, participating in client presentations, and structuring solutions.
  • Collaborate across regions to promote cross-currency payment capabilities and execute on strategic, high-value client opportunities.
  • Operational Risk & Governance Leadership
  • Serve as the lead for operational risk and control processes across the Global Transactional FX and Cross-Border Real-Time Payments
  • Drive a consistent and robust risk management framework, including governance, controls, and adherence to the bank's risk appetite.
  • Partner with stakeholders across regions, products, and control functions to ensure risk alignment, transparency, and execution of key deliverables.
  • Oversee risk-related activities including control design, metric establishment risk assessments, issue management to ensuring timely and effective resolution.


Required Skills:
  • Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and are quick-thinking, flexible, and continually learning and sharing knowledge.
  • Exhibit the foundation for a breadth of understanding of the business challenges facing the bank's clients, as they relate to cross-border payments and FX. An ability to translate this knowledge into smart business & process decisions that deepen client relationships and increase market & wallet share.
  • Ability to analyze, determine, drive and build solutions, both independently and in collaboration with team management and across GPS Product, Platform, & Sales teams.
  • Propensity to develop strong grasp of critical principles of risk management, including compliance & operational risk.


Results Orientation
  • Track record of developing and executing on product growth plans and strategies or of accomplishing comparable objectives.
  • Demonstrates ownership mindset grounded in intellectual curiosity and desire to add value.


Relationship Building and Influence
  • Recognized as a person of impact, engendering trust and loyalty in cross-functional initiatives as well as with clients & stakeholders.
  • Have the ability to converse and make impact across varying levels of a client's organization.
  • Analytical skills sufficient to identify trends/opportunities within financial/market data and to locate/interpret competitive information.
  • Strong written and verbal presentation skills, particularly in synthesizing large amounts of information into concise messaging for executive management & key stakeholder consumption.
  • Drive a consistent and robust risk management framework, including governance, controls, and adherence to the bank's risk appetite.
  • Partner with stakeholders across regions, products, and control functions to ensure risk alignment, transparency, and execution of key deliverables.
  • Oversee risk-related activities including control design, metric establishment risk assessments, issue management to ensuring timely and effective resolution.


Desired Skills:
  • Strategic, logical, and clear thinker.
  • Highly motivated and tenacious; perseverant and resilient in pursuing objectives despite challenges.
  • Patient, as internal negotiation/prioritization is required.
  • Organized and attuned to / curious about detail.
  • Solid command of Microsoft office software: PowerPoint/Excel/Word
  • Bachelors Degree


Skills:
  • Process Management
  • Product Design and Development
  • Product Management
  • Project Management
  • Strategy Planning and Development
  • Business Acumen
  • Innovative Thinking
  • Leadership Development
  • Performance Management
  • Agile Practices
  • Business Development
  • Oral Communications
  • Process Effectiveness
  • Relationship Building


Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$105,700.00 - $164,700.00 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.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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