Bank of America Corporation

Payments Market Growth Product Manager

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

Qualifications

  • 3-5 years of experience in payments, treasury management, transaction banking, or fintech.
  • Strong understanding of commercial payments like ACH, Wires, and FX.
  • Experience in developing and executing product commercialization strategies.
  • Ability to translate complex product capabilities into client value.
  • Strong data-driven decision-making skills.
  • Exceptional verbal and written communication skills, including executive presentation abilities.
  • Proven project management skills to track multiple initiatives.

Responsibilities

  • Define and drive commercialization growth across the payments product suite.
  • Architect integrated cross-sell plays to create bundled client solutions.
  • Design repeatable frameworks for product launches and growth initiatives.
  • Manage competitive intelligence to inform BofA's strategic positioning.
  • Monitor industry trends and client needs to provide strategic recommendations.
  • Build targeted client lists in collaboration with sales partners.
  • Develop strategic value propositions tailored to client segments.
  • Create engaging pitch materials and effective sales training programs.
  • Establish and manage growth metrics and commercialization KPIs.
  • Partner across 37 countries to align and share commercialization strategies.

Benefits

  • Access to industry-leading benefits.
  • Paid time off resources available.
  • Support for employee development and growth.
  • Opportunities for community impact through business contributions.
Full Job Description
Job Description:

The Global Payments team is seeking a highly strategic and execution-oriented professional to accelerate growth across the firm's global payments business.

Payments represents a key strategic and high growth priority for the firm, with significant opportunities across FX, real time payments, cross-border payments, local payments and the next generation of payment solutions in the US and internationally.

The Payments Market Growth Product Manager role will serve as a critical bridge between the payments product executives and sales teams to lead growth-related initiatives, conduct training, build pipeline, and manage internal and external communications related to payments growth.

This is a highly visible role with strong connectivity at the executive level and across global teams.

Responsibilities:

- Define and drive commercialization growth agenda across the payments product suite globally.

- Architect integrated cross-sell plays, creating bundled, high-value solutions to clients.

- Design and implement repeatable commercialization frameworks that support product launches and growth initiatives.

- Own competitive intelligence and market positioning, translating global payment dynamics into a differentiated BofA strategy.

- Monitor industry trends, regulatory developments and evolving client needs to develop strategic recommendations across the portfolio.

- Build and manage prioritized target lists by segment, geography and product in partnership with sales and go-to-market partners.

- Develop strategic value propositions and positioning frameworks tailored to target client segments and use cases.

- Build and maintain world-class pitch materials, thought leadership content and sales training programs.

- Establish and manage growth metrics, pipeline reporting and commercialization KPIs.

- Partner with stakeholders across 37 countries to align commercialization efforts and share best practices.

Required Skills:

- At least 3-5 years of experience in payments, treasury management, transaction banking, fintech or related financial services

- Strong knowledge and understanding of commercial payments (ACH, Wires, RTP, XB Payments, FX, etc.)

- Demonstrated experience developing and executing product commercialization or growth strategies

- Strong business acumen with the ability to translate complex product capabilities into client value

- Experience using data to drive strategic decisions and measure growth outcomes

- Exceptional communicator both verbally and written, including executive presentation and storytelling skills

- Laser execution focus, with strength in tracking, follow up and managing multiple initiatives at once

- Excellent research skills and ability to effectively summarize key outputs

- Strong cross-functional collaboration and relationship management skills

-Ability to navigate ambiguity, establish structure and maintain momentum across several workstreams at once

-Drive to be a change agent

-Minimum of Bachelor's degree, MBA preferred

-Management consulting or strategy skill set a plus

-Experience with digital assets a plus

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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