Bank of America Corporation

Treasury Product Manager II

Bank of America Corporation • $126K — $246K *
Chicago, IL 60629In-Person
Finance & Insurance
5 - 7 years of experience
2 months ago
Job Overview by Ladders

Qualifications

  • Minimum 7 years of banking experience, preferably within payments or treasury.
  • Strong organizational skills with ability to manage multiple initiatives and meet deadlines.
  • Proficiency in Microsoft Office, especially Excel and PowerPoint, for producing analysis and business cases.
  • Experience supporting product risk routines, including assessments and issue management.
  • Hands-on experience with real-time or instant payment platforms such as RTP or FedNow.

Responsibilities

  • Analyze competitive landscape for B2B and B2C payments related to real-time solutions.
  • Identify key client segments and use cases to enhance product profitability and client experience.
  • Support development and execution of RTP product roadmap and related initiatives.
  • Prepare business cases and performance metrics for product enhancements and compliance initiatives.
  • Collaborate with various teams to evaluate B2B, B2C, and C2B client solutions.

Benefits

  • Industry-leading benefits that support employee well-being
  • Access to paid time off
  • Resources that facilitate making a genuine impact on the community
  • Participation in an annual discretionary incentive plan
  • Comprehensive support for professional growth and development.
Full Job Description
Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to delivering differentiated treasury solutions for our clients by combining leading-edge technology with strong risk discipline and a client-centric mindset. This role supports the ongoing growth and evolution of U.S. Real-Time Payments (RTP) and related instant payments capabilities.

Business Management and Performance
  • Analyze and monitor the competitive landscape across B2B and B2C payments, with a focus on real-time and instant payment solutions, through partnership with internal lines of business (Emerging Payments, Retail, Card, Trade, GWIM, Markets, Sales, and Marketing) and participation in external networks and industry forums (e.g., The Clearing House).
  • Identify priority client segments, industries, and use cases to support pipeline development, inform product enhancements, and improve product profitability and client experience.
  • Support development and execution of the RTP product roadmap by translating strategic priorities into clearly defined initiatives, investment rationale, and delivery milestones.
  • Prepare and support business cases, financial analyses, and performance metrics for product enhancements, regulatory initiatives, and risk-driven investments.
  • Contribute to revenue growth initiatives by supporting go-to-market activities, client engagement strategies, and product positioning in partnership with Sales and Coverage teams.
  • Collaborate closely with Global Payments, Enterprise Payments, and Retail product partners to evaluate and advance B2B, B2C, and C2B use cases, supporting client deals and solution design.


Product Development, Risk, and Operational Management
  • Lead definition and documentation of product requirements and enhancements, incorporating voice-of-customer insights, usage analytics, regulatory considerations, and competitive assessments.
  • Partner with Technology, Operations, Digital Channels, and Servicing teams to deliver product releases, manage dependencies, and ensure stable and scalable product performance.
  • Support ongoing client servicing by working with Sales, Operations, and Fulfillment teams to manage client impacts, address escalations, and drive continuous improvement in client outcomes.
  • Monitor product performance, client experience trends, operational metrics, and risk events; support remediation, mitigation initiatives, and related projects as required.
  • Execute product risk and compliance responsibilities, including participation in product risk assessments, adherence to enterprise standards and policies, regulatory readiness activities, and issue management routines.


Required Skills:
  • Collaborative and Inclusive: Proven ability to work effectively across multiple lines of business and functions, value diverse perspectives, and contribute to shared outcomes in a matrixed environment.
  • Engaged and Client Focused: Demonstrated commitment to delivering high quality treasury and payments solutions with a strong understanding of client needs and business priorities.
  • Innovative and Analytical: Ability to identify practical, data driven product improvements, apply structured problem solving, and incorporate market, client, and risk considerations into recommendations.
  • Confident and Adaptive Communicator: Strong verbal and written communication skills, with the ability to build relationships, influence partners, and adapt messaging for technical and non technical audiences.
  • Minimum 7 years of banking experience, preferably within payments or treasury, with hands on experience in product management, product development, risk management, and/or financial management.
  • Strong organizational skills with demonstrated ability to manage multiple initiatives, meet deadlines, and execute with limited supervision.
  • Experience supporting or executing product risk routines, including risk assessments, control reviews, or issue management.
  • Ability to quickly learn and apply end to end payment processes, including operational workflows, technology dependencies, and client buying behavior across segments.
  • Experience analyzing and reporting product or business financials, including performance metrics and investment rationale.
  • High attention to detail with strong analytical, problem solving, and decision support capabilities.
  • Proficiency in Microsoft Office, particularly Excel and PowerPoint, with experience producing analysis, business cases, and senior level presentations.


Desired Skills:

  • Hands on experience with real time or instant payments platforms, with strong preference for RTP (The Clearing House) and/or FedNow, including exposure to network rules, settlement models, and transaction flows.
  • Practical understanding of instant payments use cases across B2B, B2C, and C2B, including how clients leverage real time payments for liquidity, A/R-A/P optimization, or embedded payment solutions.
  • Experience supporting product enhancements or changes tied to payment network requirements, regulatory updates, or network rule changes (e.g., RTP or FedNow updates).
  • Exposure to client implementation, onboarding, or post launch support for payment products, particularly within real time or faster payments environments.
  • Familiarity with ISO 20022 concepts as applied to instant payments, including messaging standards or data rich payment use cases.
  • Participation in payments focused working groups, industry forums, or network engagements related to faster payments or emerging payment rails.


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 - 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

$126,500.00 - $246,000.00 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.

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
Finance & Insurance
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ
BAC
* Ladders Estimates

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