GPS Liquidity, Liquidity Product Manager New York, New York;Chicago, Illinois; Charlotte, North Carolina **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/GPS-Liquidity--Liquidity-Product-Manager\_25030757) **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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **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 Liquidity Product Team in GPS is responsible for managing over $550B of corporate and commercial deposits across ~40 different currencies. The team covers deposit strategy, deposit pricing, deposit appetite, product development and product management - including investment sweeps, zero balance accounts, physical cash concentration, deposit account management 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 Liquidity Product Management team is responsible for managing a core set of Liquidity Products as well as developing new products and capabilities in the Liquidity Product space. The team seeks to empower and enable the organization through data enablement and product development while managing the end-to-end product lifecycle, including ideation of new capabilities, creating a global product vision with corresponding Product roadmaps. We are seeking a strategic and execution-oriented Product Manager to lead the development and lifecycle management of Restricted Deposit Accounts within our Deposit Account Management team. These include Blocked Accounts, Collateral Accounts, segregated funds (client monies), Debtor-in-Possession (DIP) Accounts, and other account types requiring legal or operational restrictions. This individual will be responsible for defining and managing product strategy, controls, and infrastructure to support these specialized account types. The Product Manager will partner closely with Legal, Compliance, Operations, Technology, Risk, and Sales teams to ensure the bank maintains a robust and scalable restricted account offering aligned with regulatory and client needs. Key Responsibilities - Product Ownership: Serve as the product owner for all restricted deposit account types, defining the strategic roadmap and ensuring operational readiness across platforms and teams. - Account Taxonomy & Identification: Lead initiatives to define, standardize, and maintain data attributes for proper classification and visibility of restricted account types across systems. - Control Framework: Design and maintain product-level controls, in partnership with Legal, Compliance, Risk, and Audit, to ensure accounts meet legal, regulatory, and operational requirements. - Sales & Service Enablement: Create product documentation, sales materials, and training to ensure front-line teams understand use cases, restrictions, and onboarding requirements. - Product Documentation: Own and maintain product process, procedures, guides, and client-facing disclosures for restricted deposit accounts. - Analytics & Reporting: Establish reporting frameworks and metrics to monitor account activity, adherence to controls, and exposure levels by account type. - Client Experience & Risk Balance: Balance commercial objectives with risk, control, and operational considerations to deliver a safe, scalable, and client-friendly product offering. **Required Skills:** - Experience in product management or deposit account oversight within transaction banking or treasury services - Ability to breakdown problems, develop collaborative solutions, and drive results - Experience developing and maintaining product policies, controls, and procedures - Experience delivering and leading cross functional projects - Excellent written and verbal communication skills, including the ability to simplify complex regulatory or operational concepts for broad audiences - Intellectual curiousity and problem solving skills - Must think strategically and make sound judgment calls - Collaborative working habits - Comfortable interacting with senior colleagues - Understanding of Treasury Management (Global Payments Solutions) business - Proficiency in MS Office, Word, Excel and PowerPoint to support analytical and presentation needs. **Desired Skills:** - Understanding of specialized deposit accounts including blocked, collateralized, escrow, or legally restricted account types - Familiarity with regulatory and legal frameworks - Experience supporting sales enablement and internal training efforts. - Strong analytical and project management skills, with experience leading product initiatives from concept to execution. - Knowledge of large corporate or institutional client needs within cash management or liquidity products. **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.