Bank of America Corporation

Software Engineer III

Bank of America Corporation$110K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of relevant work experience
  • Proficient in required programming languages, especially Python
  • 5+ years of Capital Markets Quant experience
  • In-depth knowledge of Bonds, Interest Rate Swaps, Repos, and FX products
  • Experience in agile software development
  • Extensive understanding of design and architectural patterns
  • Familiarity with modern technologies, including API management and Microservices

Responsibilities

  • Codes and unit tests solutions based on defined acceptance criteria
  • Designs and modifies architecture components and application interfaces
  • Mentors software engineers on CI/CD practices
  • Executes story refinement and estimates work necessary for delivery
  • Conducts proofs of concept to mitigate risk or explore new ideas
  • Automates manual release activities
  • Maintains automated test suites for various testing types
  • Builds and supports risk infrastructure for asset classes, ensuring accurate calculations
  • Develops risk calculators and reporting enhancements for valuation and risk reporting

Benefits

  • Opportunity for professional growth and mentoring
  • Collaborative, cross-functional team environment
  • Engagement with key stakeholders and management throughout software delivery lifecycle
  • Focus on automating processes and utilizing modern development practices
  • Involvement in diverse project domains related to Capital Markets
Full Job Description
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.

The role will involve partnering with key stakeholders, teammates and technology management throughout the software delivery lifecycle to meet business requirements. The ideal candidate is comfortable working across the full technology stack, thrives in a fast-paced environment, and enjoys collaborating with cross-functional teams to deliver robust, scalable solutions.

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)
  • Build and support remote risk infrastructure for multiple asset classes traded by Global Funding/CIO, including Bonds, Interest Rate Swaps, Repos, and FX products, ensuring accurate risk and P&L calculations.
  • Develop Quartz risk calculators and reporting capabilities, improving valuation accuracy, hedge accounting processes, funding analytics, and market risk reporting across Treasury and CIO portfolios.


Required Qualifications:
  • 8+ years of relevant work experience
  • Proficiency in programming language(s) required for the role
  • 8+ years of experience Python experience
  • 5+ years of experience working with Capital Markets Quant.
  • Experience delivering solutions for Capital Markets.
  • Experience working in an agile software development team.
  • Extensive experience of using design and architectural patterns.
  • Knowledge or various financial instruments Bonds, Interest rate swaps, Repo and FX products.
  • Understanding of generation of risk and P/L for above set of instruments.
  • Design and development experience in modern technologies such as API management, REST/API integration, Containers, Micro services.
  • Creative, quick-thinking and an aptitude for solving problems with technology.
  • Experience in Web UI (Angular, Spring) and CI/CD tools
  • Ability to work both independently and within a high functioning team environment.


Desired Qualifications:
  • AI usage to drive efficiency


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 or equivalent work experience.

Shift:
1st shift (United States of America)

Hours Per Week:
40

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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