Bank of America
Liquidity Product Management – Global Liquidity Platform and Development Lead
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology.
The Global Liquidity Product Team in GPS is responsible for managing over $600B of corporate and commercial deposits across ~40 different currencies. The team covers deposit strategy, deposit pricing, deposit appetite, product development and product management - including sweeps, zero balance accounts, physical cash concentration and multi-currency notional pooling. The team also supports large/complex liquidity deals, drives liquidity thought leadership, analyzes the impact of monetary policy on wholesale banking and leads the GPS response to regulatory changes/inquiries.
The North America Liquidity Product Management team is responsible for delivering innovative liquidity solutions that help clients optimize cash positioning, improve operational efficiency, and manage working capital across complex domestic and international structures.
This role serves as a Product Leader within North America Liquidity Product Management and owns the Global Liquidity Platform, the primary liquidity platform supporting the global team. The role is accountable for the platform strategy and roadmap, the relationship with Technology, and identifying opportunities to integrate capabilities across the global liquidity product suite where doing so creates client or business value.
The successful candidate will act as a center of excellence for the broader team, working across regional and product teams to translate business priorities into a cohesive platform strategy and development roadmap
Key Responsibilities:
- Partner with North America Liquidity Product Managers to understand and assess product development needs across the portfolio
- Own the Global Liquidity Platform strategy and roadmap, ensuring investment priorities support the needs of the global Liquidity business.
- Identify and drive opportunities to integrate capabilities across Cash Concentration, Global Sweep Solutions, Deposit Accounts, and the broader global liquidity product suite where appropriate
- Manage and execute the team's strategic product roadmap, prioritizing initiatives based on client needs, risk, and business impact
- Design and streamline reporting processes and tools to reduce manual data-gathering
- Serve as a center of excellence for the team, guiding colleagues on product development best practices, governance, and risk management
- Own the strategic relationship with Technology for the Global Liquidity Platform, influencing priorities throughout the development lifecycle, including estimation, scoping, delivery, and ongoing platform evolution
Effectively communicate and influence senior management on roadmap priorities, initiative risks, and strategic initiative updates
- Support product governance activities including documentation, procedures, client agreements, and product risk assessments across the team's portfolio
- Drive consistency in product management practices across Cash Concentration, Global Sweep Solutions, and Deposit Account products
- Identify opportunities for process improvement and automation to increase team efficiency and effectiveness
- Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs.
Required Skills:
- Demonstrated experience owning a strategic product platform, including defining its vision, managing its roadmap, leading Technology partnerships, and aligning capabilities across the broader product suite
- Demonstrated product management experience, including risk management, roadmap development, and execution across a portfolio of products
- Strong knowledge of liquidity management, deposit, and cash management products
- Proven ability to partner with and lead other product managers, acting as a center of excellence for the team
- Experience streamlining reporting processes and translating data into actionable insights
- Experience partnering with and influencing Technology during development and pre-development estimation/scoping
- Excellent executive communication and presentation skills, with proven ability to influence senior management
- Strong analytical and strategic thinking capabilities
- Strong understanding of risk management and control environments
- Proficiency in MS Office, Word, Excel and PowerPoint
Desired Skills:
- Experience with global liquidity structures, including cash concentration and sweep solutions
- Experience building or improving reporting tools, dashboards, or automation to support a product team
- Knowledge of real-time treasury and 24x7 liquidity solutions
- Familiarity with product governance, documentation, and client agreement requirements
- Experience supporting regulatory, audit, and risk management activities
- Experience building product roadmaps and investment prioritization frameworks
- Familiarity with Digital Asset application to core banking products
Skills:
- Leadership Development
- Product Design and Development
- Product Management
- Project Management
- Strategy Planning and Development
- Innovative Thinking
- Performance Management
- Process Management
- Relationship Building
- Agile Practices
- Business Acumen
- Business Development
- Oral Communications
- Process Effectiveness
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$129,500.00 - $232,400.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Bank of America Cranford, New Jersey, USA Office
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