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.
Define and manage multi year product roadmaps aligned to Bank of America’s Responsible Growth framework, balancing client value, risk discipline, and revenue growth.
Support product modernization initiatives, including ISO 20022, CHIPS and Fedwire enhancements, internal platform modernization and enhancements and SWIFT CBPR+ interoperability.
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.
Partner with technology teams to translate clearing and correspondent banking requirements into scalable, resilient platforms.
Ensure high availability, straight through processing, and operational scalability for high value, time critical USD payments.
Lead product capabilities supporting global correspondent banking clients, including foreign financial institutions relying on Bank of America for USD access, clearing, and settlement.
Drive enhancements in cross border payment transparency, speed, and data richness, leveraging SWIFT gpi, payment tracking, and enriched remittance information.
Collaborate with regional partners across EMEA, APAC, and LATAM to ensure products meet local market, regulatory, and liquidity requirements.
Own product P&L, pricing frameworks, and commercial models for USD clearing and correspondent banking services.

Requirements

5+ years of experience in transaction banking, payments, or financial market infrastructure, with deep USD clearing and correspondent banking expertise.
Proven leadership in product management at a global bank, clearing institution, or financial market utility.
Strong technical understanding of CHIPS, Fedwire, SWIFT, ISO 20022, nostro/vostro accounting, and cross border settlement mechanics.
Demonstrated ability to balance technical depth with commercial judgment, influencing senior stakeholders across product, technology, operations, and risk.
Experience operating in a highly regulated, global environment with complex client and jurisdictional requirements.

Benefits

This 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.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

USD clearingcorrespondent bankingliquidity managementISO 20022CHIPSFedwireSWIFT gpinostro/vostro accountingcross border settlementexception handling

Soft Skills

leadershipcommercial judgmentstakeholder influencecollaborationrisk disciplineclient value balanceoperational scalabilityproduct management