Embedded Payroll Sr Product Manager

Company: Bank of America
Location: Charlotte
Posted on: April 6, 2026

Job Description:

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: This job is responsible for developing and managing the end-to-end product life cycle for highly complex products. Key responsibilities include conducting market research and competitor analyses, determining product pricing, developing short and long-term strategies, and identifying innovative opportunities to modernize product offerings and deliver a more unified customer experience. Job expectations include ensuring that product management efforts are integrated with sales, marketing, operations, implementation, and customer service strategies. Senior individual contributor responsible for leading Embedded Payroll and Reverse Positive Pay solutions within Business Banking. This role is accountable for end?to?end product strategy, vendor execution, and delivery, with a focus on driving incremental fee revenue, deposit growth, and deeper primary banking relationships for small business clients. Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Responsibilities: Identifies and creates comprehensive plans for product development and deployment, including supporting the creation of sales training programs and marketing materials to educate clients and internal teams on product capabilities Oversees a set of products and maintains financials, including managing the investment profile and profit and loss (P&L) activities, such as revenue and profit margins Provides information on product trends to sales and marketing teams leveraging knowledge of product functionality, marketplace trends, and the competitive landscape Identifies opportunities to streamline or enhance product offerings to fit client's existing and future needs and support continued growth and operational excellence Manages risk through implementing and monitoring effective controls in partnership with key support partners Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors in order to develop products that solve client needs and ensure high adoption rates Develops and influences product strategy, driving products to provide comprehensive solutions across the bank Serve as the product lead for Embedded Payroll and Reverse Positive Pay, owning product strategy and execution to support revenue growth, deposit expansion, and client retention within Business Banking. Own the full product lifecycle, including Request for Proposal (RFP) development, vendor evaluation and selection, contract negotiation, roadmap definition, technical integration oversight, operational readiness, and go?to?market execution. Lead all strategic planning and vendor engagement activities, building a scalable, long?term product roadmap and ensuring strong alignment between vendor capabilities and business objectives. Oversee end?to?end implementation and delivery, partnering across Technology, Operations, Risk, Legal, Compliance, and Controls to ensure seamless integration, testing, governance, and operational readiness. Drive go?to?market strategy and launch execution, including pricing, positioning, marketing alignment, sales enablement, and phased rollout plans to support successful adoption. Serve as ongoing Product Owner post?launch, responsible for performance management, vendor oversight, customer experience, regulatory and compliance alignment, enhancement prioritization, and continuous improvement. Required Qualifications: Demonstrated strategic planning/product management skills Strong analytical skills with breadth of view Demonstrated experience leading complex financial products through vendor?based delivery models. Strong product management and strategic planning skills, with the ability to drive execution across matrixed teams. Proven ability to manage cross?functional stakeholders across technology, operations, risk, legal, and compliance. Strong decision?making, and negotiation skills, with a focus on delivering measurable business outcomes. 7 years of relevant experience Desired Qualifications : Experience in online banking platform Skills: Collaboration Executive Presence Oral Communications Presentation Skills Problem Solving Attention to Detail Continuous Improvement Influence Product Management Strategic Thinking Innovative Thinking Market Analysis Process Management Reporting Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544) Pay and benefits information Pay range $113,000.00 - $165,100.00 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.

Keywords: Bank of America, Charlotte , Embedded Payroll Sr Product Manager, Accounting, Auditing , Charlotte, North Carolina