Bank of America Corporation

Senior Engineer - Global Rates eTrading Tech

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

Qualifications

  • 5-7 years of hands-on Java development and technical leadership experience required
  • Strong background in building electronic trading solutions for Fixed Income products
  • Bachelor's degree in Engineering, Science, Math, or a related field
  • Experience in data architecture, data workflows, and performance optimization
  • Proficient in CI/CD practices and related tools like Jenkins, Git, and Ansible
  • Clear communicator with experience collaborating across technical and non-technical teams
  • Familiarity with real-time trading system principles and enhancing system performance

Responsibilities

  • Define and lead engineering strategies for complex features
  • Establish and adapt technology stacks and testing methodologies
  • Implement CI/CD capabilities to enhance development efficiency
  • Guide teams on design best practices for high-performance code
  • Oversee end-to-end delivery of complex software features
  • Conduct research and prototyping to evaluate new technologies
  • Collaborate with stakeholders to clarify solution requirements
  • Build components for low latency fixed income eTrading workflows

Benefits

  • Access to industry-leading benefits packages
  • Paid time off resources and support
  • Opportunities for participation in annual discretionary incentive plans
  • Supportive environment fostering employee impact on business sustainability
  • Commitment to community contribution through employee initiatives
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:

A Senior Rates eTrading Development Lead is required to modernize and expand our front office eTrading platforms that support Rates products across multiple lines of businesses globally. This is a hands-on technical leadership role that will bring expertise in software engineering best practices, architecting and building low latency D2C and D2D algos, market data connectivity, execution workflows, internalization, and pricing. This role will help lead the technical architecture and delivery of strategic initiatives that span across business enablement/growth, platform modernization, stability, performance, and innovation. The candidate will have deep experience in front-office eTrading systems and be a key partner to tech management, software engineers, quantitative analysts, and traders.

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
  • Build high-performance, low latency components for fixed income eTrading and pricing workflows.
  • Developing frameworks and core services to enable real-time order execution, auto-quoting, algo engines, pricing services, collaborating with quant and algo teams.
  • Champion best development practices including agile iterative development, pairing, code reviews, CI/CD, automated testing, loosely coupled interface design, disciplines and principles for scalability and re-use.
  • Refactor and modernize existing code and improving performance, design, and observability metrics of existing and new components
  • Working with technology partners and business groups in the region and globally
  • Work with the management, horizontal teams, and stakeholders to help define and deliver the strategic roadmap.
  • Work with engineers, production support staff, and traders


Required Qualifications
• Clear articulate communication skills - Ability to communicate ideas, design, and architecture principles. Thrives in a collaborative environment and is able to break problems down analytically to work through solutions.
• Hands on Java development and technical leadership experience is a must-have with demonstrated ability to design and implement the architecture, development, and deployment.
• Engineering, Science, Math, or similar degree
• Experience as a lead software engineer building electronic trading solutions
• Ability to work in a team-oriented setting
• Organized and able to prioritize effectively across workstreams
• Highly experienced in leveraging platforms for development including Linux, Ansible Tower, Jenkins, Maven, Git/Bitbucket, Artifactory, automation scripting
• High proficiency in data architecture, schemas, and data workflows
• Strong experience in software engineering real-time trading system design principles
- message-driven, event based architecture, TCP, UDP, Multicast
- low latency performance and scaling
- multithreading
- service oriented interface driven architecture
- object oriented design

Desired Qualifications
• Experience working in Fixed Income eTrading technology domain specializing in the D2C & D2D electronic execution, algo, pricing systems is a strong plus
• Experience integrating with APIs and workflows from venues such as CME, Bloomberg, Tradeweb
• Experience with FIX, FpML protocols
• Working knowledge of leveraging AI assisted software development tools (e.g. Claude, GPT, Co-Pilot) and able to incorporate context, skills, and structured prompting to help debug and enhance code
• Experience in algo system design and controls, including kill switches, limits, simulating scenarios, and metrics reporting
• Knowledge of fixed income products such as government bonds, interest rate swaps, futures is a strong plus but not required if you've worked on other traded products/systems like Equities or FX
• Experience with real-time pricing systems and analytic library integration used to compute bond or swap prices, yields, dv01, and other market relevant analytics
• Experience in trading system re-design migration projects is a big plus

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


Minimum Education Requirements - Bachelor Degree or Equivalent Professional Experience

Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NJ - Jersey City - 525 Washington Blvd (NJ2525)

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

Similar Jobs

More Jobs at Bank of America Corporation

More Finance & Insurance Jobs

Find similar Senior Engineer - Global Rates eTrading Tech jobs: