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.