Senior Payments & Merchant Economics Leader

Bank of America; Chicago (IL); Presencial; USD 178.000 - 281.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Benefits eligible

Descripción de la vacante

Bank of America in Chicago seeks a senior payments leader to oversee biannual network releases, pricing incentives, and robust risk controls across the payments ecosystem. You will coordinate across processors, networks, and merchants, ensuring accurate financial and regulatory outcomes.

You will partner with merchants and internal teams to drive process improvements, automate manual workflows, and lead a high-expertise team to deliver scalable, compliant payment solutions in a dynamic

Formación

• Merchant acquiring and issuing economics in four-party payments ecosystem
• Interchange and network fee management and implications
• Merchant pricing, discount economics, billing accuracy
• Merchant Services P&L management balancing value, revenue, cost and risk
• End-to-end transaction flows: authorization to settlement and reconciliation
• Payment network rules and compliance interpretation and implementation
• Payments regulatory environment knowledge for merchant acquiring, debit and interchange
• Financial controls: reconciliation, invoice validation, pricing controls, revenue leakage prevention

Responsabilidades

• Lead biannual payment network releases across processors and networks.
• Oversee invoice review, reconciliation, and cost controls to protect revenue.
• Manage annual volume-tier reviews and pricing incentive changes with validation.
• Represent merchant/business interests to networks, regulators, and processors.
• Strengthen risk and control framework and remediation with Risk/Compliance/Audit.
• Provide deep payments expertise across networks, fees, and settlement flows.
• Lead and develop a high-expertise payments team and drive talent development.
• Automate manual processes.

Conocimientos

Merchant acquiring and issuing econ

Interchange and network fees

Merchant pricing

Merchant Services P&L

End-to-end transactions

Payment network rules/compliance

Payments regulatory acumen

Financial controls

Descripción del empleo

Bank of America in Chicago seeks a senior payments leader to oversee biannual network releases, pricing incentives, and robust risk controls across the payments ecosystem. You will coordinate across processors, networks, and merchants, ensuring accurate financial and regulatory outcomes.

You will partner with merchants and internal teams to drive process improvements, automate manual workflows, and lead a high-expertise team to deliver scalable, compliant payment solutions in a dynamic