Bank of America Corporation

Principal Engineer - Digital Asset Platform

Bank of America Corporation$156K — $230K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Hands-on experience with enterprise grade blockchains.
  • Experience implementing smart contract based solutions.
  • Knowledge of digital asset frameworks, products, and tools.
  • Extensive experience designing & implementing multi-tier application platforms.
  • Advanced proficiency in object-oriented techniques, and REST API development.
  • In-depth knowledge of databases and large dataset processing.
  • Proven ability to partner effectively with business stakeholders.

Responsibilities

  • Develops the engineering approach for program/portfolio solutions with Architecture.
  • Leads planning, definition, and design of complex features across teams.
  • Creates innovative solutions for technology development.
  • Oversees technical aspects of solution development including design reviews.
  • Defines the technology stack from approved technologies.
  • Explores technologies to enhance development efficiency and quality.
  • Leads the creation of the end-to-end test strategy and integration across teams.

Benefits

  • Access to paid time off for work-life balance.
  • Resources and support for employee growth and impact.
  • Eligibility for an annual discretionary incentive based on performance.
Full Job Description

Job Description:
This job is responsible for defining and leading the engineering approach for solutions at the program or portfolio level, to deliver significant business outcomes. Key responsibilities include continuously improving the design, quality, and reuse of the solution and delivering technology enablers that improve development efficiencies for the solution. Job expectations include familiarity with at least one area of engineering, acting as a “go to” reference across the organization, and applying knowledge to improve technical competencies through recruitment and development activities.

Job Profile Summary:

Digital Assets presents an exciting opportunity to derive valuable insights from data and to drive revenue growth, efficiencies, and improved business processes. Technology collaborates closely with Global Markets Business and Platform teams in the design and buildout of the Global Markets Digital Asset Platform.

The platform will cater to a growing number of use cases that harness the power of Distributed Ledger Technology. Global Markets Digital Asset Platform will be built on an infrastructure landscape that leverage cloud services and on-premises solutions for scalability and compliance.

We are looking for a senior level Principal Engineer to buildout the first-of-its-kind Global Markets Digital Asset platform. The Principal Engineer will be a detail-oriented, highly technical, hands-on senior software developer, and a key member of the team developing the​ Global Markets Digital Asset platform. These solutions will be engineered for scalability, performance, reliability, and supportability.

This is an opportunity to join early and help build the core infrastructure behind a first-of-its-kind Global Markets platform using distributed ledger technology. This position is rapidly evolving with advancements in distributed ledger technology and is considered pivotal for the modernization of capital market operations worldwide.

Responsibilities:

  • Develops the engineering approach for the entire program/portfolio solution and works with Architecture, to develop/analyze/deliver the implementation of technical enablers

  • Leads the planning, definition, and design of the complex features which span multiple teams and explore solution alternatives

  • Creates ideas on designing complex technology and solution development approaches

  • Leads the technical oversight for teams in solution development including design reviews and code within own domain

  • Defines the technology tool stack for the solution within ranged of internally approved and supported technologies

  • Explores state-of-the-art technologies to improve development efficiencies, quality of test/QA coverage, and release management

  • Leads and is responsible for the end-to-end test strategy/creation/adherence, and the integration between teams for a program/portfolio solution

  • Global Markets Digital Asset Technology works across Sales & Trading front office and back office to buildout the GM Digital Asset platform.

  • Identify, design, and implement integrating applications with scalability and availability requirements.

  • Develops architectural approaches for Digital Asset software and hardware integration.

  • Work with stakeholders from both the business and technology organizations to optimize product design.

  • Mentors team members in technical design and development best practices.

  • Monitors Digital Asset industry trends and stay abreast of advancements in distributed ledger technology, machine learning, and data science to continuously innovate and improve solutions.

Required Qualifications:

  • Hands-on experience with enterprise grade blockchains.

  • Experience implementing smart contract based solutions.

  • Knowledge of digital asset frameworks, products, and tools for agentic solutions.

  • Extensive experience in designing & implementing multi-tier (including microservices) application platforms.

  • Advanced proficiency in object-oriented techniques, and REST API development.

  • In-depth knowledge of databases, large structured & unstructured dataset processing, and messaging is important.

  • Proven ability to partner effectively with business stakeholders to drive technology strategy and align with organizational goals.

  • A self-starter attitude quickly adapts to new technologies and industry trends.

  • Strong interpersonal and communication skills to work independently and in a collaborative environment.

  • Higher education in computer science or relevant previous work experience.

  • 10+ years of relevant experience with a degree in engineering.

Desired Qualifications:

  • Experience with cloud platforms (AWS, Azure, GCP etc)

  • Professional or personal experience in Capital Markets, Payments, DeFi Markets

Skills:

  • Automation

  • Influence

  • Result Orientation

  • Stakeholder Management

  • Technical Strategy Development

  • Application Development

  • Architecture

  • Business Acumen

  • Risk Management

  • Solution Design

  • Agile Practices

  • Analytical Thinking

  • Collaboration

  • Data Management

  • Solution Delivery Process

Minimum Education Requirements: Bachelor's Degree or equivalent professional 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

$156,500.00 - $230,000.00 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.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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