API Product Manager, Global Payments Solutions
API Product Manager, Global Payments Solutions

API Product Manager, Global Payments Solutions

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
Bank of America

At a Glance

  • Tasks: Lead API strategy for Global Payments Solutions, collaborating with teams globally.
  • Company: Join Bank of America, a leader in financial services dedicated to making lives better.
  • Benefits: Enjoy private healthcare, flexible benefits, and access to mental health support.
  • Why this job: Make an impact in a diverse workplace while driving innovation in financial technology.
  • Qualifications: Experience in product management within financial institutions, especially focused on APIs.
  • Other info: Opportunity to volunteer and give back to the community while developing new skills.

The predicted salary is between 43200 - 72000 £ per year.

Job Description: Job Title: Application Programming Interface Product Manager Corporate Title : Vice President Location: London Company Overview 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. Join us! Responsibilities This Product Manager role is within the Digital Platform and Channels team, you will be responsible for leading our EMEA Strategy on Application Programming Interfaces (APIs) for GPS. You will work closely with our Global CashPro team, leveraging EMEA voice of the client to identify future API needs, consider API distribution and engagement with third-party alliances and to stay fully up-to-speed on open-banking and industry standards changes impacting our API strategy and our GPS business more broadly. Responsibilities include: Comprehensive understanding of the API product capability and underlying technology/platforms including the CashPro user interface, middleware applications and payment processing engines. Detailed knowledge of competitive landscape and API/open-banking market trends within the channels and payment space. Take initiative as a Product Manager to develop new capabilities and improve existing offerings based on voice of the client, industry trends and regulatory change. Partner with a wide range of stakeholders at different levels within the region and across the globe (Global Product Teams, Sales, Technology, Operations, Compliance, Marketing, and external vendors) to bring to life their vision for the product in conjunction with the firm-wide strategies. Ensure an appropriate partner strategy for EMEA client integration into relevant third-party platforms for our clients. Provide support in business development efforts by assisting with Request for Information (RFI)/Request for Proposal (RFP) responses, sales presentations and conduct client engagements in order to help effectively on-board and optimize CashPro API experience. Industry engagement to remain fully up-to speed on open-banking and industry standards changes impacting Bank of Americas (BofA’s) API strategy for GPS. Participate in product planning sessions and enhancement roadmap discussions by providing EMEA voice of the client feedback, bringing unique experiences and knowledge to the discussion. Close collaboration with other product managers within the region and across the globe in subject matter areas, such as Payments and Receivables, Transactional Foreign Exchange, and Liquidity. Ability to build business cases among competing priorities, to influence the product strategy both at the regional and global level, to drive global consistency, enhance capability, improve user experience, and facilitate operational efficiencies. What we are looking for Experience in a comparable business, ideally within a financial institution or other payments business, ideally in a technology-based product management capacity focused on APIs. Advanced knowledge of bank treasury services products, operating and connectivity platforms, products and capabilities, and a strong understanding of client processes and back-office systems. Experience/appreciation for the complexities from global operations and legacy systems, with cross border and multi-jurisdictional exposure. Experience in technology middleware and system design, as well as understanding the role technology plays within the payments landscape in terms of both innovations and regulation. Experience in both technical and non-technical project management, meeting deadlines and pushing product development to market in a timely fashion. A Risk Manager with attention to detail, successfully able to identify risks and issues as well as analyse, evaluate and take action to address or remediate systematically. Comfortable setting priorities and working on longer-term initiatives, regular routines and dealing with ad hoc unforeseen demands both internally and externally. Ability to voice up for the region; proficient in making business cases among competing priorities across different product teams, to influence team members within region and globally in an effective way with an evidence-based approach. Excellent communicator with both written and verbal communication, able to tailor approach to audiences; with the ability to translate context between technical and non-technical teams and be able to clearly communicate and influence clients and business partners while maintaining strong relationships. Commitment to personal accountability, taking responsibility for actions and decisions, fulfilling your obligations, tasks, and goals. Benefits of working at Bank of America Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner. Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons. 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum. The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc. Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services. Access to an Employee Assistance Program for confidential support and help for everyday matters. Ability to donate to charities of your choice directly through payroll and the bank will match your contribution. Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions. Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community. #J-18808-Ljbffr

Bank of America

Contact Detail:

Bank of America Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land API Product Manager, Global Payments Solutions

✨Tip Number 1

Familiarise yourself with the latest trends in API technology and open banking. This knowledge will not only help you understand the competitive landscape but also demonstrate your commitment to staying ahead in the field during interviews.

✨Tip Number 2

Network with professionals in the financial services and payments industry. Attend relevant conferences or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed API products or similar technology projects. Highlight your ability to collaborate with diverse teams and stakeholders, as this is crucial for the role.

✨Tip Number 4

Stay updated on regulatory changes affecting the payments landscape. Being knowledgeable about compliance issues will show that you are proactive and can navigate the complexities of the industry effectively.

We think you need these skills to ace API Product Manager, Global Payments Solutions

API Product Management
Understanding of Open-Banking Standards
Knowledge of Payment Processing Engines
Stakeholder Engagement
Business Development Skills
Technical Project Management
Risk Management
Analytical Skills
Communication Skills
Ability to Build Business Cases
Experience with Middleware Applications
Client Relationship Management
Market Trend Analysis
Cross-Border Operations Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in API product management, particularly within financial institutions. Use specific examples that demonstrate your understanding of the competitive landscape and your ability to develop new capabilities.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with their commitment to Responsible Growth and diversity. Mention specific projects or experiences that showcase your skills in managing APIs and working with cross-functional teams.

Showcase Your Communication Skills: Since excellent communication is key for this role, ensure your application reflects your ability to convey complex ideas clearly. Use concise language and structure your application logically to demonstrate your written communication skills.

Highlight Relevant Achievements: Include quantifiable achievements in your application that relate to API development and management. For example, mention any successful projects where you improved user experience or drove operational efficiencies, as these will resonate well with the hiring team.

How to prepare for a job interview at Bank of America

✨Understand the API Landscape

Make sure you have a solid grasp of the current API trends and open-banking standards. Research Bank of America's position in the market and be prepared to discuss how your knowledge can contribute to their strategy.

✨Showcase Your Technical Expertise

Be ready to demonstrate your understanding of technology middleware and system design. Prepare examples from your past experiences where you successfully managed technical projects, especially those related to APIs or payment systems.

✨Communicate Effectively

Practice articulating complex technical concepts in a way that non-technical stakeholders can understand. Highlight your communication skills by sharing instances where you successfully bridged the gap between technical and non-technical teams.

✨Prepare for Stakeholder Engagement

Think about how you would engage with various stakeholders, from clients to internal teams. Be ready to discuss your approach to building relationships and influencing decisions across different levels within an organisation.

API Product Manager, Global Payments Solutions
Bank of America
Bank of America
  • API Product Manager, Global Payments Solutions

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-06-23

  • Bank of America

    Bank of America

    1904

    Bank of America is one of the world’s leading financial institutions; we support 66 million customers in finance, from individuals, to businesses, governments and institutions. Here, you’ll discover a career with global and local impact. You’ll work in a collaborative team with responsibilities from day one, and plenty of opportunities to shape your career.

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