Us Dollar Clearing Product Manager

Bank of America

New York, New York, US
$126,500.00 - $246,000.00 annualized salary; discr...
Usd clearing and correspondent banking expertise
Chips and fedwire funds service
Iso 20022, chips and fedwire enhancements
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

Job Summary

  • 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.
  • Partner with Sales, Coverage, and Relationship Management teams to support client acquisition, retention, and wallet growth across Financial Institutions, Corporate, and Public Sector segments.
  • Ensure all products operate within Bank of America’s Global Financial Crimes, AML, sanctions, and operational risk frameworks, particularly given the elevated risk profile of correspondent banking.

Matching Summary

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.

Salary

$126,500.00 - $246,000.00 annualized salary; Discretionary incentive eligible; Benefits eligible

Skills & Requirements

Must-have

  • USD clearing and correspondent banking expertise
  • CHIPS and Fedwire Funds Service
  • ISO 20022, CHIPS and Fedwire enhancements
  • SWIFT CBPR+ interoperability
  • Cross border payment transparency
  • Product P&L, pricing frameworks

Nice-to-have

  • Strategic, logical and clear thinker
  • Highly motivated and tenacious
  • Patient as internal negotiation
  • Organized/detail oriented

Key Requirements

  • 5+ years of experience in transaction banking
  • Proven leadership in product management
  • Strong technical understanding of CHIPS, Fedwire, SWIFT
  • Experience operating in a highly regulated, global environment

Work Rights

Not specified

Tailored Resume

Cover Letter