Bank of America Corporation

Treasury Product Manager I

Bank of America Corporation$129K — $232K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in the financial services industry
  • Bachelor's degree required
  • Familiarity with ACH, Wire, and RTP payment products
  • Experience with competitive analysis and strategic roadmap development
  • Awareness of International payment Financial Market Utility (FMU) regulations

Responsibilities

  • Represent the product suite globally for stakeholders
  • Drive product growth and enhance revenue
  • Understand market positions globally and locally
  • Own product investment priorities and development roadmap
  • Define scope and business requirements for new payment deployments
  • Manage governance and risk routines for the product suite
  • Coordinate regulatory, audit, and compliance responses globally

Benefits

  • Industry-leading benefits
  • Access to paid time off
  • Support for employee growth and impact
  • Resources for contributing to community sustainability
  • Discretionary incentive eligibility based on performance
Full Job Description
Job Description:

This product manager role is aligned to the Global Payments International Payments team and is responsible for the end to end management of the bank's non-US payment products (ACH, Wire, RTP) within Global Payments Solutions (GPS). Specifically, this role is responsible for owning the overall performance of the products including strategy, investment, P&L performance, and risk management. Additionally, this role requires close coordination across the regional sales, product, technology, and operations partners.

The GPS payments business is a dynamic and growing area of the bank seeing considerable change, market growth, and investment. The payments industry continues to see innovation in real-time payments, digital assets, and 24-7 service models. As an International Payments Team member, you will support Platform Management's activities including performance management, investment, design, and transformation to meet our clients' ever evolving product needs.

Responsibilities:

- Represent the product suite globally for clients, partners, compliance, and regulators.

- Drive product growth and increase bottom line revenue

- Understand market position both globally and within local jurisdictions.

- Own product investment priorities and development roadmap

- Own scope and business requirements for future payment deployments to add to existing or enter new markets.

- Own governance, management, and risk routines for the product suite

- Coordinate global responses for regulators, audit, and compliance.

Required Skills:

- Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds

- Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities

- Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo

- Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge

- 5+ years in financial services industry

- Bachelor's degree required

Desired Skills:

- Familiarity with ACH, Wire, and RTP payments products

- Experience with competitive analysis, defining strategy, and designing roadmaps for change.

- Experience with large scale technology projects and Agile Methodology

- International payment Financial Market Utility (FMU) and regulations experience

- Demonstrated success in roles with wide scope requiring flexibility in responsibilities and deliverables.

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


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

$129,500.00 - $232,400.00 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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