Financial Operations Executive – Merchant Mandates Oversight

Bank of America

. Lead a highly tenured team of approximately 35 Merchant Services payment subject matter experts .

Posted 10/21/2026full-timeUnited StatesMid-LevelSenior💰 $178,000 - $280,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates extensive expertise in Merchant Services and payments, with a strong focus on financial controls, operational discipline, and the ability to drive strategic solutions that enhance merchant outcomes and profitability.

Highest-signal resume keywords

Merchant Services ExpertisePayments Regulatory AcumenInterchange ManagementFinancial ControlsEnd-to-End Transaction Flows

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Merchant PricingBilling AccuracyRevenue RealizationExpense ManagementP&L ManagementTransaction AuthorizationClearing and SettlementReconciliationException ManagementNetwork Pricing Structures

Soft Skills

Strategic LeadershipTeam DevelopmentProblem SolvingCommunicationStakeholder Engagement

Industry Keywords

Payments EcosystemNetwork RulesRisk and Control FrameworkMerchant ServicesDebit RoutingCard RegulationsFinancial Impact AnalysisInvoice ReviewExpense RecoveryRevenue Leakage Identification

About the role

Key responsibilities & impact

Lead a highly tenured team of approximately 35 Merchant Services payment subject matter experts
Provide strategic leadership while personally engaging in complex payments issues and driving solutions
Lead execution of biannual payment network releases across processors, internal technology platforms, and payment networks
Review network bulletins and requirements, determine applicability and financial impact, coordinate implementation, and validate accuracy
Oversee payment network, processor, and vendor expenses through invoice review, reconciliation, and financial controls
Identify discrepancies, prevent unnecessary expense, protect merchant and bank revenue, and ensure accurate contractual and network economics
Lead annual volume-tier reviews and client pricing incentive changes
Represent merchant and business interests with payment networks, regulators, processors, and industry participants
Maintain and strengthen the risk and control framework, identify emerging risks and gaps, and partner with Risk, Compliance, and Audit on remediation
Serve as senior subject matter expert across interchange, network fees, merchant billing and pricing, acquiring and issuing economics, transaction flows, debit routing, network rules, and card regulations
Lead and develop an experienced payments team, preserve institutional knowledge, and establish succession and talent development
Automate manual processes

Requirements

What you’ll need

Deep, hands-on Merchant Services and payments industry expertise
Merchant acquiring and issuing economics; understanding of the four-party payments ecosystem
Interchange and network fee management, including interchange qualification/optimization and network pricing structures
Merchant pricing and billing, merchant discount economics, billing accuracy, revenue realization, expense management, and profitability
Merchant Services P&L management
End-to-end transaction flows: authorization, clearing, settlement, funding, reconciliation, and exception management
Payment network rules and compliance; ability to interpret mandates and rule changes and drive implementation
Payments regulatory acumen affecting merchant acquiring, debit, and interchange
Financial controls and operational discipline, including reconciliation, invoice validation, pricing/billing controls, revenue leakage identification, and expense recovery
Ability to translate complex payment economics and operational requirements into strategies that improve merchant outcomes and business profitability

Benefits

Comp & perks

Discretionary incentive eligible; eligible to participate in the annual discretionary plan
Benefits eligible
Access to paid time off
Resources and support to employees
In-office culture with role-specific flexibility
Opportunities to learn, grow, and make an impact