US Dollar Clearing Product Manager

US Dollar Clearing Product Manager New York, New York;Charlotte, North Carolina To proceed with your application, you must be at least 18 years of age. Acknowledge ( Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge ( Refer a friend To proceed with your application, you must be at least 18 years of age. Acknowledge ( Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge ( 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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammatesu2019 physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us Job Description: Product Strategy & Ownership u2022 Help develop the USD Clearing and Correspondent Banking product strategy, including domestic and cross border USD payment flows, nostro/vostro services, and liquidity management for global respondent banks. u2022 Define and manage multi year product roadmaps aligned to Bank of Americau2019s Responsible Growth framework, balancing client value, risk discipline, and revenue growth. u2022 Support product modernization initiatives, including ISO 20022, CHIPS and Fedwire enhancements, internal platform modernization and enhancements and SWIFT CBPR+ interoperability. USD Clearing & Technical Expertise u2022 Act as a subject matter expert on USD clearing infrastructures, including CHIPS and Fedwire Funds Service, settlement models, CLS, liquidity optimization, cut off management, and exception handling. u2022 Expansive knowledge of rule-based processing and exception handling u2022 Partner with technology teams to translate clearing and correspondent banking requirements into scalable, resilient platforms u2022 Ensure high availability, straight through processing, and operational scalability for high value, time critical USD payments. Correspondent Banking & Cross Border Payments u2022 Lead product capabilities supporting global correspondent banking clients, including foreign financial institutions relying on Bank of America for USD access, clearing, and settlement. u2022 Drive enhancements in cross border payment transparency, speed, and data richness, leveraging SWIFT gpi, payment tracking, and enriched remittance information. u2022 Collaborate with regional partners across EMEA, APAC, and LATAM to ensure products meet local market, regulatory, and liquidity requirements. Commercial & Business Acumen u2022 Own product P&L, pricing frameworks, and commercial models for USD clearing and correspondent banking services. u2022 Partner with Sales, Coverage, and Relationship Management teams to support client acquisition, retention, and wallet growth across Financial Institutions, Corporate, and Public Sector segments. u2022 Analyze market trends, competitive dynamics, and client needs to inform product investment and prioritization decisions. Risk, Controls & Governance u2022 Ensure all products operate within Bank of Americau2019s Global Financial Crimes, AML, sanctions, and operational risk frameworks, particularly given the elevated risk profile of correspondent banking. u2022 Work closely with Compliance, Legal, and Operations to manage regulatory change, audits, and supervisory expectations related to USD clearing and cross border payments. u2022 Represent product in internal governance forums and external industry groups where appropriate. Required Skills: u2022 5+ years of experience in transaction banking, payments, or financial market infrastructure, with deep USD clearing and correspondent banking expertise. u2022 Proven leadership in product management at a global bank, clearing institution, or financial market utility. u2022 Strong technical understanding of CHIPS, Fedwire, SWIFT, ISO 20022, nostro/vostro accounting, and cross border settlement mechanics. u2022 Demonstrated ability to balance technical depth with commercial judgment, influencing senior stakeholders across product, technology, operations, and risk. u2022 Experience operating in a highly regulated, global environment with complex client and jurisdictional requirements. Desired Skills: Strategic, logical and clear thinker. u2022 Highly motivated and tenacious; perseverant and resilient in pursuing objectives despite challenges. u2022 Patient as internal negotiation/prioritization is required. u2022 Organized/detail oriented. u2022 Solid command of Microsoft office software: PowerPoint/Excel/Word Shift: 1st shift (United States of America) Hours Per Week: 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. View your

Created: 2026-03-26