Global Transactional FX Product Manager

Posted 4 Days Ago
Be an Early Applicant
2 Locations
In-Office
106K-165K Annually
Senior level
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
Lead commercialization, performance management, and operational risk for automated FX products. Develop data-driven insights, business cases, and cross-regional commercialization. Partner with sales, trading, and platform teams on deal origination and client engagement. Own governance, controls, risk assessments, metrics, and issue resolution to ensure alignment with the bank's risk appetite.
Summary Generated by Built In

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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.

Skills Required

  • Strong communicator with agility in feedback and stakeholder engagement
  • Breadth of understanding of cross-border payments and FX
  • Ability to analyze data and build solutions independently and collaboratively
  • Experience developing business cases, ROI analysis, and product commercialization
  • Experience partnering with Sales, Trading, and platform teams to drive revenue and pipeline
  • Experience leading operational risk and control processes, including governance and issue management
  • Track record executing product growth plans or comparable objectives
  • Analytical skills to identify trends in financial/market data and competitive intelligence
  • Strong written and verbal presentation skills for executive-level communication
  • Product Management, Project Management, and Process Management experience (including Agile practices)
  • Experience with Microsoft Office: PowerPoint, Excel, Word
  • Bachelor's Degree
  • Strategic, logical thinking and organized attention to detail
  • Tenacity, patience, and strong relationship-building / influence skills

Bank of America Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.

  • Fair & Transparent Compensation The $25/hour U.S. minimum wage, reaffirmed in recent company materials, sets a clear compensation floor that lifts entry-level and operations pay. Public salary information and disclosures provide visible benchmarks for pay across roles.
  • Parental & Family Support Parental leave extends up to 26 weeks with 16 weeks fully paid for eligible teammates, alongside backup child and adult care and a dedicated Life Event Services team. Family-building assistance offers up to a $20,000 lifetime reimbursement and bereavement leave provides 20 paid days for loss of a spouse, partner, or child.
  • Retirement Support Retirement programs include a 401(k) match up to 5% of eligible pay plus an additional 2–3% annual company contribution based on service. These employer contributions add meaningful long-term value beyond base pay.

Bank of America Insights

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The Company
HQ: Charlotte, NC
208,000 Employees
Year Founded: 1784

What We Do

We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

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