Payments Market Growth Product Manager

Job description

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 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.