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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The US Wire Product Management team as part of the International Payments team is responsible for end-to-end management and development of US Wire Payments Product for Bank of America's Global Payments Solutions (GPS) business. The team manages the US Wire product platform that is not only shared by all eight lines of business at the bank but also is required by the other bank products and services to operate, such as FX, cross-border RTP, Trade, Liquidity and Global Markets. The team is also responsible for overseeing and executing various large-scale industry initiatives such as the ISO 20022 implementation and 24x7x365 cross border payments processing. Addionally, the team supports all GPS corporate and commercial client segments, including multinational corporates, non-bank financial institutions, commercial/middle market and specialty industries such as gig economy players and fintechs, iconic tech companies and business banking clients.
This role is a key member of the US Wire Product Team and supports the head of US Wire Product and other senior product managers in various initiaves, such as delivering an industry-wide payments market infrastructure changes, and creating product strategies for senior executives and stakeholders. Some examples of the job responsibilities include:
Assist with creating and maintaining product risk routines (e.g. managing collection of risk metrics and KPIs)
Work closely with opperational, technical, and compliance partners to collaborate on a cross-functional projects
Assist with data/analytics for product performance
Assist with developing business cases to support technology and operational changes to improve product profitability and win market shares
There is not a better time to join this team, as the global payments business is going through an exceptional period of changes and evolution as investment in improvement in market infrastructures accelerates and the competitive landscape expands with bank and non-bank players such as fintechs. Managing US Wire product for one of the largest global USD clearers in the world will provide an exceptional opportunity for building strong industry profile, exposure to senior management and career development.
Required Skills:
Strong communication skills - verbal and written
Proficient in Microsoft Office Suite (Excel, PowerPoint, and Word)
Ability to coordinate across various functions and regions
Ability to work in a fast-paced, dynamic environment where priorities are often shifted and time-sensitive initiatives are brought in
Attention to details and rigorous focus on accuracy of deliverables
Bachelor's degree required
Desired Skills:
Some experience with treasury payments products
Experience of working in a large, global financial institution
Some experience with analyzing and reporting business financials
Skills:
Analytical Thinking
Critical Thinking
Product Design and Development
Product Management
Written Communications
Oral Communications
Presentation Skills
Project Management
Strategy Planning and Development
Agile Practices
Business Analytics
Market Analysis
Process Management
Research Analysis
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$95,000.00 - $107,400.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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
- Bachelor's degree
- Strong communication skills - verbal and written
- Proficient in Microsoft Office Suite
- Ability to coordinate across various functions and regions
- Attention to details and rigorous focus on accuracy
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 — Pay practices are framed as structured and backed by regular pay-equity analysis, which creates a sense of consistency even when higher pay is desired.
-
Pay Growth & Progression — A high U.S. hourly pay floor of $25/hour is positioned as a meaningful baseline for frontline and support roles, improving perceived competitiveness at the lower end.
-
Parental & Family Support — Parental leave, family-planning reimbursement, backup care, and “Life Event Services” are presented as substantial supports that strengthen the overall rewards package.
Bank of America Insights
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.
Gallery
.jpg)
