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.
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Job Responsibilities:
This role is responsible for developing and delivering complex requirements to accomplish changes mandated by the Payment Networks. Key responsibilities of the role include but not limited to: assisting with interpreting network announcements, determining pricing impacts related to Interchange, Payment Network Fees and PIN Debit activities. This position requires a strong organized individual able to communicate effectively and make independent decisions.
Job Qualifications:
- Bachelor's Degree or equivalent work experience
- 5+ years in payment network industry management
- Experience with interpreting and analyzing payment network (Visa/MC/Disc/Amex) announcements
- Knowledge of payment interfaces, regulation updates, card updates
- Strong knowledge of Payment Network fees, Interchange and billing
- Demonstrated effective communication skills, including written, oral and presentation skills
- Effective planning, prioritization and time management acumen
- Strong analytical and organizational skills to successfully lead and manage multiple projects simultaneously
- Execute and communicate new processes and/or procedures
- Demonstrated knowledge of MS office (Excel, Access, Word and PowerPoint) in Microsoft Excel, Word, PowerPoint, and Outlook, OneNote
- Experience with project requirements, interpretation and analysis (UAT Testing and Implementation
Preferred Qualifications:
- 10+ years of Core Acquiring (Credit/Debit) industry experience
- Knowledge and experience in payment interfaces, regulation updates or related industry sales and consultation
- Fiserv systems and platform experience including EU and Omnipay
- Client facing experience to understand successful client communication and strategy
Skills:
- Controls Management
- Issue Management
- Monitoring, Surveillance, and Testing
- Quality Assurance
- Risk Management
- Analytical Thinking
- Attention to Detail
- Critical Thinking
- Problem Solving
- Written Communications
- Decision Making
- Innovative Thinking
- Prioritization
- Recording/Organizing Information
- Research
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)
Pay and benefits information
Pay range
$69,000.00 - $103,900.00 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.