Bank of America Corporation

Senior Engineer - Payments Modernization

Bank of America Corporation$122K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in payment platform and financial systems
  • Proven domain expertise in Wire, ACH, RTP payment systems
  • Strong knowledge of ISO 20022 messaging standards
  • Extensive hands-on experience with AWS services (EC2, ECS/EKS, Lambda, etc.)
  • Expertise in Infrastructure as Code (IaC) using AWS CloudFormation or Terraform
  • Demonstrated leadership in mentoring engineering teams
  • Proficient in developing scalable applications using Java and related frameworks

Responsibilities

  • Define and lead the engineering approach for complex feature delivery
  • Evaluate and adopt new testing tools and frameworks for the team
  • Implement CI/CD capabilities to enhance development efficiency
  • Provide guidance on design best practices for high code performance
  • Oversee end-to-end delivery of complex features across multiple teams
  • Conduct research and prototype designs for new toolsets and components
  • Collaborate with stakeholders to capture both high-level solution needs and technical requirements

Benefits

  • Industry-leading benefits package
  • Access to paid time off
  • Resources and support for professional development
  • Opportunities to make a genuine impact on business and community growth
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.

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

  • Design and implement cloud-native architectures leveraging AWS services such as EC2, ECS/EKS, Lambda, S3, RDS, DynamoDB, and API Gateway.

  • Ensure security and compliance in cloud deployments using AWS Identity and Access Management (IAM), encryption, and monitoring best practices.

  • Optimize cloud infrastructure for scalability, performance, and cost-efficiency using AWS Auto Scaling, Load Balancer, and Cost Explorer.

  • Implement observability and monitoring with AWS CloudWatch, X-Ray, and integrate with existing tools like Splunk or Prometheus.

  • Enable Infrastructure as Code (IaC) using AWS CloudFormation or Terraform for automated provisioning and environment consistency.

  • Integrate CI/CD pipelines with AWS services (e.g., CodePipeline, CodeBuild, CodeDeploy) for seamless deployments.

  • Design disaster recovery and backup strategies using AWS Backup and multi-region architecture.

  • Ensure compliance with regulatory requirements for cloud-based financial application

Position Summary:

  • We are seeking a highly experienced and technically proficient Senior Engineer to join our team in building a next-generation wire payment processing platform. This role blends leadership and architecture, requiring deep expertise in modern technologies and payment systems.

  • The Senior Engineer will guide cross-functional teams in delivering high-impact features, ensuring alignment with business objectives, technical standards, and agile delivery practices. The ideal candidate will have strong experience in leading teams workingin Java, Node.js, Oracle, Kafka, RabbitMQ, and cloud platforms (AWS, Azure, or GCP). Familiarity with Finacle core banking platform is a significant plus.

Required Qualifications:

  • 10+ yearsexperiencewith the below:

  • Strong payment platform experience

  • Domain expertise in payment systems including Wire, ACH, RTP.

  • Knowledge of ISO 20022 messaging standards.

  • Ensuring compliance with industry standards and regulations

  • Collaborating with clients and internal teams to gather requirements and develop solutions

  • Optimizing existing cloud infrastructures for performance and cost-efficiency

  • Hands-on experience deploying applications on AWS cloud using native services such as EC2, ECS/EKS, Lambda, S3, RDS, DynamoDB, and API Gateway.

  • Strong knowledge of Infrastructure as Code (IaC) using AWS CloudFormation or Terraform.

  • Experience integrating CI/CD pipelines with AWS services (e.g., CodePipeline, CodeBuild, CodeDeploy).

  • Ability to design secure and compliant cloud architectures leveraging AWS IAM, encryption, and monitoring best practices.

  • Proven experience in optimizing cloud infrastructure for scalability, performance, and cost-efficiency.

  • Providing technical leadership and mentoring to team members

  • Recent experience tackling complex challenges in distributed data systems using Java (Enterprise Edition), Oracle SQL, and Python.

  • Experience using Java/J2EE technologies to develop scalable enterprise-grade applications, libraries, and frameworks.

  • Designed and developed solution architecture to scale backend systems with Spring framework, Spring MVC, and RESTful APIs.

  • Hands-on experience with messaging systems like Kafka and RabbitMQ.

  • Utilized DevOps technologies for CI/CD including Ansible, Jenkins, JFrog, and Git.

  • Designed and implemented database development on Oracle Exadata.

  • Proven experience in leading and mentoring a team of engineers.

  • Strong understanding of software development, testing, deployment, and support using agile methodologies.

  • Expert-level proficiency in Java Enterprise Edition and related frameworks (e.g., Spring, Hibernate) and advanced SQL.

  • Excellent written and verbal communication skills.

  • Ability to write specifications and design documents.

Desired Qualifications:

  • Exposure to event-driven architecture and distributed systems.

  • Understanding of regulatory and compliance requirements in financial services.

  • Experience with observability tools like Splunk, Prometheus, and Grafana.

  • Knowledge of financial products data such as Equities, Fixed Income, and Derivatives.

  • Agile/Scrum certification or experience working in agile environments.

  • AWS Certification (Solutions Architect, Developer, or DevOps Engineer).

  • Familiarity with serverless computing (AWS Lambda) and container orchestration (EKS/ECS).

  • Experience with event-driven architecture using AWS SNS/SQS.

  • Knowledge of AWS observability tools like CloudWatch and X-Ray.

  • Understanding of multi-region disaster recovery strategies and data migration to AWS.

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

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101)

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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