Bank of America Corporation

Senior Engineer - FX Derivatives and Risk Technology

Bank of America Corporation$122K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Extensive experience in software engineering, particularly in Financial Services with a focus on front office technology.
  • Deep knowledge of Risk Systems, Trading Platforms, or Pricing Engines relevant to FX or Fixed Income.
  • Strong understanding of front office workflows, critical for effective design and implementation.
  • Proficiency in OO or Functional programming languages such as Python, C#, Java, or C++.
  • Experience working in Agile environments (e.g., SCRUM, Kanban) and familiarity with continuous integration practices.
  • Excellent problem-solving skills in high-pressure scenarios, essential for managing complex systems.
  • Strong communication skills to effectively liaise with both technical teams and business users.

Responsibilities

  • Define and lead the engineering strategy for complex feature designs aligned with overall portfolio solutions.
  • Establish and evaluate the technology stack, adapting new tools and frameworks for testing.
  • Enable CI/CD capabilities and collaborate with technical stakeholders to enhance the development pipeline.
  • Influence best practices on design and coding efficiency to maximize team performance.
  • Deliver complex feature automation, coordinating efforts across multiple teams at the program level.
  • Research and prototype new technological solutions for release management and CI/CD.
  • Collaborate with stakeholders to define solution needs and align with architects on technical requirements.
  • Create a supportive work environment and address team challenges or blockers.

Benefits

  • Access to industry-leading benefits plans.
  • Paid time off to promote work-life balance.
  • Resources and support aimed at fostering employee impact and community engagement.
Full Job Description
Job Description:

This job is responsible for defining and leading the engineering approach for complex features to deliver significant business outcomes. Key responsibilities of the job include delivering complex features and technology, enabling development efficiencies, providing technical thought leadership based on conducting multiple software implementations, and applying both depth and breadth in a number of technical competencies. Additionally, this job is accountable for end-to-end solution design and delivery.

Job Profile Summary:

This role is for an experienced Senior Engineer to build and lead the AMRS FX Derivatives and Risk technology team covering the FX Options and STIRT trading desk as well covering FX Risk horizontally across FX.

As the team's US senior figure, you will lead a high-caliber team; represent the team in local forums; and be the primary representative to local users including Global Head of STIRT Trading and AMRS Head of FXO Trading.

You will lead a cross-functional team able to support across the stack - including Pricing, Risk and eTrading - during US hours.

Additionally you and the team will specialize in intraday risk management, where you will, in collaboration with the global FX Risk lead, take ownership of the FX Intraday Risk global team and continue to improve our state-of-the-art FX risk system.

The FX Derivatives and Risk Technology organization is a dynamic and expanding team delivering modern, high-performance systems that underpin Global FX Trading. Sitting at the intersection of Global Markets Front Office Trading, Quantitative Service Group and Engineering, the team builds the scalable tools that drive real-time decision making and front office trading activities.

As we scale our global footprint, we are looking for an experienced SeniorEngineer to join us as the local AMRS Lead - playing a central role in shaping and driving the technology that powers the FX Risk and Derivatives platforms.

Responsibilities:
  • Ensures that the design and engineering approach for complex features are consistent with the larger portfolio solution
  • Define the technology tool stack for the solution and evaluate and adapt new testing tool/framework/practices for team(s)
  • Enables team(s)/applications with Continuous Integration/Continuous Development (CI/CD) capabilities and engages with other technical stakeholders pertaining to efficient functioning of CI-CD pipeline
  • Guides and influences team(s) on design and best practices for high code performance -e.g. pairing, code reviews
  • Provides end-to-end delivery of complex features, including automation, for either a single team or multiple teams, at the program level
  • Conducts research, design prototyping and other exploration activities such as evaluating new toolsets and components for release management, CI/CD, and features
  • Works with stakeholders to establish high-level solution needs and with architects for technical requirements
  • Creates an inclusive and healthy working environment and helps to resolve organizational impediments/blockers
  • Ensures that execution is aligned with product strategy by working with product management and other stakeholders
  • Represent the team to the local stakeholders owning stakeholder engagement and representing the team.
  • Build and scale a high-calibre engineering team focusing in front-to-back front-office trading systems.
  • Run the development of FX intraday risk systems in close collaboration with local FX heads and global FX risk tech leads.


Required Qualifications:
  • Extensive experience in software engineering, with a strong track record in Financial Services (ideally front office technology).
  • Deep knowledge of Risk Systems, Trading Platforms or Pricing Engines within FX or similar Fixed Income asset classes.
  • Strong understanding of front office workflows.
  • Fluency in OO or Functional languages including but not limited to Python (preferred), C#, Java, or C++.
  • Track record of success working in Agile environments (e.g. SCRUM, Kanban) and continuous integration.
  • Excellent problem solving and analytical skills in a high-pressure environment.
  • Candidate must be a strong team player with excellent communication skills, comfortable in communicating with business users.


Desired Qualifications:
  • Degree in Computer Science, Physics, Engineering, Mathematics, or relevant analytical degree.


Skills:
  • Influence
  • Risk Management
  • Solution Design
  • Stakeholder Management
  • Technical Strategy Development
  • Analytical Thinking
  • Application Development
  • Collaboration
  • Result Orientation
  • Solution Delivery Process
  • Agile Practices
  • Architecture
  • Automation
  • Data Management
  • DevOps Practices


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 Requirement: Bachelor 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

$122,000.00 - $200,000.00 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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