Senior Software Engineering (Java & Distributed Technologies)

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. 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!

Job Description:
This job is responsible for developing and delivering complex requirements to accomplish business goals. Key responsibilities of the job include ensuring that software is developed to meet functional, non-functional and compliance requirements, and solutions are well designed with maintainability/ease of integration and testing built-in from the outset. Job expectations include a strong knowledge of development and testing practices common to the industry and design and architectural patterns.

LOB Specific Job Description:

Bank of America is seeking a highly motivated and experienced Software Engineer to join our cutting-edge technology team. In this role, you will leverage your deep expertise in Core Java/Scala . The Core Java Big Data developer will be responsible for designing and delivering next generation event processing, alerting and analytics system. The candidate would be hands on developer working within Bank of America Global Markets Equities Data and Analytics group, building systems that help the Bank leverage the power of data helping a wide variety of users including front office execution services consultants, sales traders, data scientists and compliance. The role involves working with large volumes of data generated at very high velocity, typically billions of messages a day with peaks of several thousands of messages per second. Candidates must have a passion for building efficient, scalable and highly resilient systems working in a collaborative environment with multiple stake holders. Experience working with Machine Learning (ML), Artificial Intelligence (AI) and cloud platforms (AWS/ Azure /GCP ) is highly desirable.

This is an exciting opportunity to shape the future of technology within a global financial institution, where you will work on complex technical challenges and contribute to high-impact initiatives. The successful candidate will possess advanced technical expertise, outstanding communication skills, and a strong ability to lead teams in delivering scalable, high-performance software solutions.

Team members will be playing a critical role in strategic multi-year initiatives to simplify and modernize the technology stack as it relates to regulatory reporting across multiple jurisdictions, including some of the following reports and activities.

• FINRA Consolidated Audit Trail (CAT)
• FINRA Electronic Blue Sheets (EBS)
• Trading Activity Fees (TAF)
• EMIR and MIFID II

Responsibilities:

• Codes solutions and unit test to deliver a requirement/story per the defined acceptance criteria and compliance requirements
• Designs, develops, and modifies architecture components, application interfaces, and solution enablers while ensuring principal architecture integrity is maintained
• Mentors other software engineers and coach team on Continuous Integration and Continuous Development (CI-CD) practices and automating tool stack
• Executes story refinement, definition of requirements, and estimating work necessary to realize a story through the delivery lifecycle
• Performs spike/proof of concept as necessary to mitigate risk or implement new ideas
• Automates manual release activities
• Designs, develops, and maintains automated test suites (integration, regression, performance)
• Lead the design, development, and implementation of scalable, high-performance applications using Java.
• With large-scale distributed technologies like Apache Kafka, Apache Spark, and Apache Storm to ensure seamless data processing and messaging at scale.
• Provide expertise in Java multi-threading, concurrency, and other advanced Java concepts to ensure the development of high-performance, thread-safe, and optimized applications.
• Ensure integration of complex systems and applications across various platforms while adhering to best practices in coding, testing, and deployment.
• Collaborate closely with stakeholders to understand business requirements and translate them into technical specifications.
• Manage technical risk and work on performance tuning, scalability, and optimization of systems.
• Provide leadership to junior team members, offering guidance and mentorship to help develop their technical skills.
• Foster a culture of innovation, teamwork, and continuous improvement, ensuring that all software engineering processes align with Bank of America’s high standards of quality and compliance.
• Participate in strategy discussions, offering insights on technology trends and innovations that could improve business outcomes.
• Develop and deliver clear, concise technical documentation and presentations to various stakeholders, including executives and senior management.
• Drive the adoption of new technologies and tools to continuously improve our software development lifecycle and operational efficiency.
• Ensure adherence to security and regulatory standards, particularly in highly regulated industries like finance.
• Collaborate with cross-functional teams to design, implement, and optimize cloud-based architectures on AWS and Azure.

Required Qualifications:

• Strong understanding of domains with expertise on Equities, Fixed Income and OTC Derivatives in relation to regulatory reporting around these asset classes across various jurisdiction.
• Proven experience (10+ years) in software engineering, including advanced expertise in Java and related technologies.
• Strong experience in multithreaded programming.
• String understanding of distributed technologies and frameworks such as Apache Kafka and Apache Spark.
• Experience in both front-end and back-end development including working with frameworks, webservers and building end to end solutions including exposure to Spring MVC, Spring Security and Data.
• Proven experience in designing , developing and maintaining microservices based applications including working with RESTful API’s
• Excellent understanding of relational databases like Oracle  and/or Sybase (8+ years)
• Experience working with NoSQL database such as Cassandra
• Experience working with Python.
• Utilize python libraries such as Pandas, NumPy, Requests, Flask etc., to implement business logic and data processing.
• Strong problem-solving skills with the ability to lead complex technical discussions and make critical decisions.
• Excellent communication skills, both written and verbal, with the ability to present complex technical concepts to non-technical stakeholders.
• Self-motivated, proactive, and results-driven with the ability to work independently and collaboratively in a team environment.
• Demonstrated leadership ability, including mentoring and developing talent within a technical team.
• Experience with cloud technologies, particularly AWS or Azure.

Desired Qualifications

• Familiarity with containerization technologies like Docker and orchestration tools like Kubernetes.
• Familiarity with CI/CD pipelines and DevOps practices.
• Familiarity with ML and Data science
• Exposure to scripting – Unix, Perl, etc.

Skills:

• Application Development
• Automation
• Influence
• Solution Design
• Technical Strategy Development
• Architecture
• Business Acumen
• DevOps Practices
• Result Orientation
• Solution Delivery Process
• Analytical Thinking
• Collaboration
• Data Management
• Risk Management
• Test Engineering

Minimum Education Requirement: Bachelor's Degree in Computer Science/Engineering or equivalent work experience.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)

Pay and benefits information

Pay range

$100,700.00 - $180,000.00 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.