Global Payments Solutions (GPS) Product Risk Execution

Bank of America • Chicago, IL

1d • $71,500 - $107,700

About The Position

The Product Risk Execution team is part of Bank of America’s Global Payments Solutions (GPS) organization. The team supports product managers with expertise in product risk management by developing best practices, streamlining processes, and enabling execution of risk activities. Product managers remain responsible for risk in their products, and product executives retain responsibility for their governance routines.

This role drives risk deliverables across the GPS Product organization, with a focus on Global Wholesale Banknotes. It works with GPS Product Managers and key stakeholders to translate enterprise risk requirements into actionable product deliverables and drive them through completion. The role proactively manages assigned deliverables, identifies gaps and dependencies, coordinates across stakeholders, and escalates execution risks and barriers as appropriate. It also identifies recurring execution challenges and develops repeatable processes, tools, and reporting to improve consistency, transparency, and execution across GPS Product teams.

Requirements

• At least 3 years of experience in Process Design, Business Controls, Risk Management, Product Risk, or related risk functions.
• Demonstrated experience addressing client issues and coordinating solutions with Account Managers.
• Strong analytical, organizational, and problem-solving skills, with attention to detail.
• Ability to quickly learn complex products, processes, and risk requirements and independently drive assigned deliverables through completion.
• Ability to manage multiple priorities, stakeholders, dependencies, and deadlines while adapting to changing business priorities.
• Strong written, verbal, and presentation skills, including the ability to communicate requirements, issues, risks, and required actions clearly.
• Ability to connect information across organizational silos, think creatively, and apply an enterprise mindset.
• Ability to proactively identify and resolve issues or barriers, or escalate them appropriately to maintain execution timelines.
• Proficiency with Microsoft Office products, including Excel, PowerPoint, Word, and Visio.

Nice To Haves

• At least 3 years of Product-related experience, preferably in financial services or a risk-focused environment.
• Bachelor’s degree or equivalent professional experience.
• Familiarity with Anti-Money Laundering (AML) and Know Your Customer (KYC).
• Familiarity with application and data risk processes and tools, including Permit to Send/Receive (PTS/R), Data Transmission Registrations (DTRs), and reconcilement activities.
• Ability to navigate a complex enterprise, establish trusted relationships, and influence outcomes across organizational boundaries.
• Experience applying automation, artificial intelligence (AI), and other technology capabilities to streamline processes, reduce manual effort, and improve execution efficiency.

Responsibilities

• Execute Product Risk requirements within established timelines.
• Manage or lead assigned risk activities, including actions needed to address impacts from laws, rules, and regulations.
• Engage and influence stakeholders across Product, Technology, Business Controls, Risk, and other groups to resolve dependencies and support execution.
• Translate enterprise risk requirements into clear, actionable Product deliverables aligned with GPS products and business processes.
• Track deliverables proactively, identify gaps, coordinate their resolution, and escalate risks when appropriate.
• Identify recurring execution challenges and implement repeatable processes, tools, and reporting to improve consistency, transparency, and execution across GPS Product teams.
• Address client issues and coordinate solutions with Account Managers.

Benefits

• Industry-leading benefits.
• Access to paid time off.
• Resources and support for employees.
• Eligibility to participate in the annual discretionary incentive plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed