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VP - Digital Wallets Product Manager

New York, New York

Job Description:

"The Emerging Payments & Innovation team seeks a driven, highly communicative and strategic leader to own connecting to and managing Digital Wallet partners around the globe.  The Digital Wallets Product Manager will identify, develop relationships and negotiate partnership agreements with strategic FinTech's and payment networks who can improve BofA's business-to-consumer domestic and cross-border payment offerings.  BofA's Global Digital Disbursements product set is comprised of alias-based, digital, business-to-consumer payment methods.  The Digital Wallets Product Manager will have strong project management skills and work cross-functionally with internal business partners and individuals at FinTech's and payment networks to manage and enhance the Global Digital Disbursements product set.  They will do this by (i) understanding the current multi-phase roadmap and enhancing it to expand the product's geographic footprint and capabilities, (ii) leading negotiations with digital wallets (e.g. PayPal, Venmo, Apple Cash, AliPay, Interac, and more), (iii) developing and documenting business requirements to drive BofA's technology development and develop accompanying operational processes, and (iv) creating commercialization strategies as the bank's Global Digital Disbursements product set expands.  The ideal candidate will have experience identifying business development opportunities, developing a strategy and executing on it while ensuring clear communication with stakeholders across the bank. 

The Global Digital Disbursements product set has been developed over a number of years.  The individual who fills this role will work to understand the current offerings and roadmap as well as formulate a long-term plan to expand the bank's business-to-consumer digital payment methods.  A key goal is to reach more countries and corridors, so GTS clients can send digital, real-time payments to more consumers globally.  They will work cross-functionally to ensure that all product developments work end-to-end as it relates to technology, operations, servicing, fulfillment, reporting, billing, and commercialization. 

Further, the Digital Wallets Product Manager will be a key, contributing member of the Emerging Payments & Innovation team.  The Emerging Payments & Innovation team is the forward leaning team in GTS which looks and evaluates new technologies, payment schemes, and partners to deliver new and innovative ideas to the marketplace."

Required Skills:

  • 6+ years of experience related to Payments and/or Transaction Services
  • Must be intellectually curious and have strong analytical and problem solving skills
  • Excellent interpersonal skills and relationship-building skills
  • Ability to effectively communicate a strategy to stakeholders in different parts of the organization
  • Must think strategically and make sound judgment calls
  • Excellent project management skills
  • Detail oriented, with strong organization skills
  • Team player, comfortable interacting with senior colleagues throughout the organization
  • Able to deliver results to meet specific deadlines and shift focus quickly with changing priorities
  • Excellent communication skills: written, verbal, visual presentations and effective listening skills
  • Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs
  • Undergraduate degree required. Minimum: BS or BA degree"

Desired Skills:

  • Ability to influence others
  • Ability to mentor and manage junior colleagues
  • Ability to manage and perform multiple tasks simultaneously
  • Ability to provide creative solutions both independently and as part of a team
  • Knowledge of Payments
  • Good understanding or desire to learn new technology
  • Keen eye for market focus, competitive intelligence and awareness

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

"The Emerging Payments & Innovation team seeks a driven, highly communicative and strategic leader to own connecting to and managing Digital Wallet partners around the globe.  The Digital Wallets Product Manager will identify, develop relationships and negotiate partnership agreements with strategic FinTech's and payment networks who can improve BofA's business-to-consumer domestic and cross-border payment offerings.  BofA's Global Digital Disbursements product set is comprised of alias-based, digital, business-to-consumer payment methods.  The Digital Wallets Product Manager will have strong project management skills and work cross-functionally with internal business partners and individuals at FinTech's and payment networks to manage and enhance the Global Digital Disbursements product set.  They will do this by (i) understanding the current multi-phase roadmap and enhancing it to expand the product's geographic footprint and capabilities, (ii) leading negotiations with digital wallets (e.g. PayPal, Venmo, Apple Cash, AliPay, Interac, and more), (iii) developing and documenting business requirements to drive BofA's technology development and develop accompanying operational processes, and (iv) creating commercialization strategies as the bank's Global Digital Disbursements product set expands.  The ideal candidate will have experience identifying business development opportunities, developing a strategy and executing on it while ensuring clear communication with stakeholders across the bank. 

The Global Digital Disbursements product set has been developed over a number of years.  The individual who fills this role will work to understand the current offerings and roadmap as well as formulate a long-term plan to expand the bank's business-to-consumer digital payment methods.  A key goal is to reach more countries and corridors, so GTS clients can send digital, real-time payments to more consumers globally.  They will work cross-functionally to ensure that all product developments work end-to-end as it relates to technology, operations, servicing, fulfillment, reporting, billing, and commercialization. 

Further, the Digital Wallets Product Manager will be a key, contributing member of the Emerging Payments & Innovation team.  The Emerging Payments & Innovation team is the forward leaning team in GTS which looks and evaluates new technologies, payment schemes, and partners to deliver new and innovative ideas to the marketplace."

Required Skills:

  • 6+ years of experience related to Payments and/or Transaction Services
  • Must be intellectually curious and have strong analytical and problem solving skills
  • Excellent interpersonal skills and relationship-building skills
  • Ability to effectively communicate a strategy to stakeholders in different parts of the organization
  • Must think strategically and make sound judgment calls
  • Excellent project management skills
  • Detail oriented, with strong organization skills
  • Team player, comfortable interacting with senior colleagues throughout the organization
  • Able to deliver results to meet specific deadlines and shift focus quickly with changing priorities
  • Excellent communication skills: written, verbal, visual presentations and effective listening skills
  • Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs
  • Undergraduate degree required. Minimum: BS or BA degree"

Desired Skills:

  • Ability to influence others
  • Ability to mentor and manage junior colleagues
  • Ability to manage and perform multiple tasks simultaneously
  • Ability to provide creative solutions both independently and as part of a team
  • Knowledge of Payments
  • Good understanding or desire to learn new technology
  • Keen eye for market focus, competitive intelligence and awareness

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21074745

Band: H5

Manages People: No

Travel: Yes, 25% of the time

Manager:

Talent Acquisition Contact:

Gracie Hache

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036