Bank of America Corporation

Software Engineer III - Risk Horizontal Technology

Bank of America Corporation$102K — $179K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of software engineering experience with Python or similar languages
  • Experience in building distributed, parallel, or cloud computing solutions
  • Strong understanding of software architecture and system design
  • Hands-on experience with business-critical production platforms
  • Knowledge of Agile delivery environments for software development and testing

Responsibilities

  • Codes solutions and conducts unit testing to meet acceptance criteria
  • Designs and modifies architecture components while maintaining integrity
  • Mentors engineers on CI-CD practices and automation tools
  • Defines requirements and estimates work needed for stories
  • Automates release activities and develops automated test suites
  • Designs scalable frameworks for risk and P&L calculations
  • Collaborates with traders and risk managers to translate requirements into technology solutions

Benefits

  • Access to industry-leading benefits
  • Paid time off
  • Resources and support for employee growth
  • Opportunity to make a genuine impact in business and community
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.

Job Profile Summary:

The Risk Horizontal Technology team develops strategic risk platforms supporting the Global Markets business across FICC and Equities. Our solutions power risk analytics, P&L generation, scenario analysis, and regulatory reporting used by trading desks, market risk teams, quantitative analysts, and senior management globally. The team operates on Quartz, the firm's strategic trading and risk platform, building highly scalable distributed systems in Python and C++ to support large-scale computational workloads.

This is an opportunity to join a high-performing global engineering team responsible for building the next generation of risk technology. You will work on complex challenges involving distributed computing, platform scalability, performance optimization, and operational resilience, while partnering directly with business and technology stakeholders to deliver strategic 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)
  • Design, develop, and support scalable risk and P&L calculation frameworks.
  • Develop solutions that improve platform performance, efficiency, scalability, and reliability.
  • Provide technical leadership through architecture reviews, design discussions, and code reviews.
  • Lead delivery of complex initiatives across the full software development lifecycle.
  • Partner closely with traders, risk managers, quantitative teams, and engineering colleagues to translate business requirements into technology solutions.
  • Drive engineering excellence through automation, observability, and operational best practices.


Required Qualifications:

Technical Skills
  • 5+ years of software engineering experience with Python (or similar modern programming languages).
  • Experience building distributed, parallel, grid, cloud, or high-performance computing solutions.
  • Strong understanding of software architecture, system design, scalability, and performance optimization.
  • Experience supporting business-critical production platforms.
  • Knowledge of software development, testing, deployment, and support within Agile delivery environments.


Domain Knowledge (Preferred)
  • Market Risk, P&L, Pricing, or Regulatory Risk platforms.
  • FICC and/or Equities products.
  • Large-scale analytical, computational, or data processing platforms.


Leadership & Personal Attributes
  • Strong ownership and accountability with a results-oriented mindset.
  • Ability to lead technical discussions and influence architectural direction.
  • Excellent problem-solving and analytical skills.
  • Strong communication and stakeholder management skills.
  • Collaborative approach with the ability to work effectively across global teams.
  • Passion for continuous improvement, innovation, and mentoring others.


Desired Qualifications:
  • 2+ years of relevant work experience
  • Proficiency in programming language(s) required for the role


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 Requirements: Bachelors 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

$102,900.00 - $179,900.00 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 Software Engineer III - Risk Horizontal Technology jobs: