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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Opportunity on the Vendor, Third-Party, and Network Management team within the Global Payments Solutions (GPS) organization.

Job Description:

This role is a member of the Bank Identification Number (BIN) Management team which supports the full lifecycle of network identifiers for the Bank's card issuing and merchant acquiring businesses. The lifecycle includes 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, merchant acquirers, processors and other internal and external partners.

Key Responsibilities

Manage assigned BIN, Issuer Identification Number (IIN), Interbank Card Association (ICA), Acquirer Reference ID (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.

Required skills:

• Knowledge of the 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.
• Demonstraded ability to manage complex projects or operational activities involving multiple stakeholders, dependencies, and deadlines.
• Strong analytical, organization 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.

Desired skills:

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

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), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$98,300.00 - $134,000.00 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.