Business and Strategy Lead

Bank of America

Drives development of GPS Innovation strategic direction and execution of related initiatives. Supports senior leaders across the payments space at Bank of America.

Posted 7/11/2026full-timeNew York City • New York • 🇺🇸 United StatesSenior💰 $98,300 - $134,000 per yearWebsite

About the role

Key responsibilities & impact

Drives development of GPS Innovation strategic direction and execution of related initiatives across the organization.
Supports senior leaders across the payments space.
Leads sourcing and progression of concepts through the innovation funnel articulating client pain points, potential solutions, applicable frameworks, business economics, etc.
Partners with SMEs across the organization to flesh out concepts and next steps.
Develops requirements for test and learn, success metrics and criteria for proofs of concepts.
Takes learnings to design a phased commercialization approach partnering with product to deliver on concept vision.
Design and develop business requirements based on a true understanding of client needs, working closely with cross-functional partners to inform scope and solution design of new functionality for Corporate, Customer-facing and Associate-facing solutions.
Develop subject-matter expertise and business acumen in order to design and implement these payment solutions.
Develop Innovation concepts for Global Payments Solutions.
Partner with LOB SMEs to evaluate and flesh out concepts.
Create business cases to prioritize opportunities.
Conduct analyses, extract insights, and communicate finding simply and succinctly.
Develop and track metrics to understand viability of concepts.
Improve visibility and usability of learnings from assessment of Innovation concepts to support strategic decision making.
Maintain visibility into Payments industry trends and developments.
Deliver payment solutions in business, technology or operations role with proven track record on managing projects end-to-end through the system development lifecycle, bringing new capabilities to market.

Requirements

What you’ll need

Three years of related experience
Project management and risk governance
Relevant business experience and comfort with basic financial modeling (i.e. corporate finance, corporate strategy, consulting)
Proficiency in Microsoft Office (comfort with Excel and PowerPoint are required)
Excellent verbal and written communication skills
Ability to navigate a large, matrixed organization
Ownership of innovation concepts and initiatives
Ability to problem solve and work innovatively within the constraints of a regulated organization
Intellectual curiosity with an ownership mentality
Collaborative and able to bring cross-functional teams together
Coaches junior teammates and assists with development of “what” and “how”
Partners with senior leaders across the organization to screen potential innovation concepts and areas of interest

Benefits

Comp & perks

Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors
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.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Project ManagementFinancial ModelingBusiness Requirements DevelopmentData AnalysisMetrics Tracking

Soft Skills

Excellent CommunicationProblem SolvingIntellectual CuriosityOwnership MentalityCoaching