Liquidity Product Manager – Cash Concentration

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.

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 the Product Manager for North America Cash Concentration capabilities while helping shape the strategic direction of the broader Global Liquidity Platform. The successful candidate will be responsible for balancing the management of a mature and highly scaled product portfolio with the development of future capabilities that support evolving client needs, industry trends, regulatory expectations, and enterprise strategic priorities. The role requires a leader who can think strategically, execute operationally, and influence across a highly matrixed organization. The individual will work closely with Sales, Treasury, Risk, Operations, Technology, Finance, Legal, Compliance, and global Product partners to drive product performance, platform modernization, and client-centric innovation.

Key Responsibilities

• Develop and execute the strategic roadmap for Cash Concentration, Global Sweep Solutions, and related liquidity products
• Identify market opportunities, client needs, and industry trends that inform future product investments
• Partner with executive leadership to establish long-term strategy for the Global Liquidity Platform
• Serve as a thought leader on cash concentration solutions
• Strong experience managing products through the product lifecycle, including risk management
• Maintain product governance, product documentation, procedures, client agreements, and product management standards
• Lead development of new liquidity capabilities including digital, real-time, and platform modernization initiatives
• Partner with Technology and Operations teams to define business requirements and prioritize development activities
• Manage the product development lifecycle from concept through commercialization and implementation
• Maintain ownership of product risk governance activities, including audits, regulatory reviews, risk assessments, controls, and remediation efforts
• Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs

Required Skills

• Demonstrated product management experience with responsibility for strategy, commercialization, governance, and product lifecycle management
• Strong knowledge of cash concentration, liquidity management, and deposit products
• Experience leading complex cross-functional initiatives involving Technology, Operations, Risk, Legal, and Compliance
• Excellent executive communication and presentation skills
• Proven ability to influence senior stakeholders and drive decisions across a matrixed organization
• Strong analytical and strategic thinking capabilities
• Experience developing business requirements and managing technology initiatives
• Strong understanding of risk management and control environments
• Bachelor's Degree Required

Desired Skills

• Experience with global liquidity structures including
• Experience leading large-scale product modernization or transformation initiatives
• Knowledge of real-time treasury and 24x7 liquidity solutions.
• Familiarity with liquidity forecasting, treasury funding considerations, and balance sheet impacts
• Experience supporting regulatory, audit, and risk management activities
• Experience building product roadmaps and investment prioritization frameworks

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: 40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information Pay range $129,500.00 - $232,400.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This 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.

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.

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At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.

Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

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