Strategy Execution Lead II

Bank of America•Chicago, IL

2d•$98,300 - $134,000•Onsite

About The Position

The Strategy Execution Lead II is a member of the Bank Identification Number (BIN) Management team within the Vendor, Third-Party, and Network Management team in the Global Payments Solutions organization. The team supports the full lifecycle of network identifiers for the Bank’s card issuing and merchant acquiring businesses, including licensing, registration, setup, enablement, maintenance, migration, and termination. The role manages BIN-related initiatives from intake through implementation in partnership with business stakeholders, card networks, technology teams, merchant acquirers, processors, and other internal and external partners. The position manages activities involving BINs, Issuer Identification Numbers (IINs), Interbank Card Association (ICA) identifiers, Acquirer Reference IDs (ARIDs), settlement accounts, and other network identifiers. It coordinates setup and change activities, translates business requirements into registration and processor configuration instructions, maintains accurate records and documentation, executes control routines, and maintains procedures and job aids. The role is based at listed Bank of America locations in Chicago, Illinois, or New York, New York, and is described as first shift, 40 hours per week.

Requirements

Knowledge of merchant acquirer and card issuer roles within the card payment ecosystem.
Understanding of BINs/IINs, including issuing and acquiring numerics.
Working knowledge of card payment processing, including authorization, clearing, settlement, and routing flows.
Demonstrated ability to manage complex projects or operational activities involving multiple stakeholders, dependencies, and deadlines.
Strong analytical, organizational, and problem-solving skills, with demonstrated attention to detail and data accuracy.
Ability to quickly learn complex products and processes and independently drive assigned deliverables through completion.
Strong written and verbal communication skills, with the ability to clearly communicate requirements, decisions, issues, and risks.
Proficiency with Microsoft products.
Familiarity with Copilot and prompting.

Nice To Haves

Experience working directly with or for card networks, acquirers, or processors.
Background in managing card payment network projects.
Understanding of settlement between card networks and issuers/acquirers.
Understanding of the card network payment processing authorization flow.

Responsibilities

Manage assigned BIN, IIN, ICA, ARID, settlement account, and other network identifier activities supporting issuing and acquiring businesses.
Lead BIN setup, modification, migration, expansion, consolidation, and termination activities, including coordination of required approvals, registrations, and validation.
Translate business requirements into complete and accurate network registration and processor configuration instructions.
Partner with card networks, merchant acquirers, processors, technology teams, operations, finance, and product teams to execute BIN initiatives and resolve implementation issues.
Maintain accurate inventories, ownership records, hierarchies, attributes, routing configurations, settlement relationships, and supporting documentation for network identifiers.
Execute established control routines, retain supporting evidence, identify exceptions, and enter required metrics into ORCIT within required timeframes.
Maintain procedures and job aids.