Product Risk Execution Lead, Global Payments

Bank of America; New York (NY); On-site; USD 130,000 - 232,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Employee assistance programs

Job summary

Bank of America is seeking a senior Product Risk professional in the Global Payments Solutions space to elevate risk governance across product lines. You will partner with Product Managers and senior stakeholders to drive risk assessments, SPI inventories, and regulatory alignment while coordinating with Audit, Compliance, and GCOR teams.

The role requires deep experience in Transaction Banking risk, cross-functional leadership, and strong communication skills to navigate a complex, global

Qualifications

• 3+ years Transaction Banking / Cash Management product management or product development experience.
• 3+ years risk management experience in business controls / operational risk / compliance / financial crimes / Audit / Sanctions / AML.
• Experience in managing discussions with internal Audit / Compliance / external Regulators.
• Experience of leading and executing large scale projects across cross-functional partners within a large, global financial institution.
• Familiarity with banking & payments regulatory environment.
• Familiarity with Sanctions related regulations/impacts relevant to Transaction Banking.
• Familiarity with upcoming alternative payment methods in the market and regulations.
• Proven ability to work in a demanding, fast-paced global environment, with flexibility towards rapid change.
• Motivated self-starter who can act independently and drive execution, follow through with tasks and commitments, and retain sensitivity to when group consensus is required.
• Must be able to leverage cross-functional, globally disbursed, teams to prioritize, plan and execute, while retaining the agility to adapt to changing priorities.
• Ability to wade through details and complexity, yet return high-level simplicity for senior management, and ultimately recommend workable solutions.
• Drive alignment via strong and efficient facilitation and presentation capability, synthesizing multiple inputs into a cohesive approach.
• Ability and desire to think creatively to deliver business results both independently and as part of a team.
• Intellectually curious, confident, and passionate in communication and work-ethic, energized by continuous improvement and challenging the status quo.
• Excellent interpersonal, communication (written and verbal) and relationship-building skills across all levels of an organization.
• Bachelor's Degree required.

Responsibilities

• Enable risk management across the Global Liquidity Product team.
• Ensure high quality governance across SPA/ SPI/ PRA processes and related risk artifacts.
• Engage with control partners and stakeholders on GPS risk matters.
• Lead development and QA of risk deliverables and action plans.
• Advise Product Managers on responses to audits and regulatory inquiries.
• Monitor key risk indicators across GPS products.

Skills

Transaction Banking product management

Risk management

Cross-functional leadership

Regulatory compliance

Project management

Stakeholder management

Communication

Education

Bachelor's Degree

Job description

Bank of America is seeking a senior Product Risk professional in the Global Payments Solutions space to elevate risk governance across product lines. You will partner with Product Managers and senior stakeholders to drive risk assessments, SPI inventories, and regulatory alignment while coordinating with Audit, Compliance, and GCOR teams.

The role requires deep experience in Transaction Banking risk, cross-functional leadership, and strong communication skills to navigate a complex, global