Software Engineer III - Python Development - Equity Linked Technology

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

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.

Position Summary:

Bank of America has one of the biggest Prime Brokerage businesses on the street. To support this business, Equity Linked Technology is implementing a real-time portfolio risk system (Iris) to monitor client risk intraday to compliment an existing end-of-day risk engine (Horus) which calculates risk to feed client margin calculators.

Candidates will be proficient in software design, ideally focused on real-time/batch risk systems, and executed using agile methodologies (Scrum, Test Driven Development, unit/integration testing, pair programming, etc.). The successful candidate will be comfortable driving design and architecture and rationalizing business requirements. There will be significant interaction with senior developers across other work streams as we integrate an increasingly complex product set. 

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 and develop new features within existing Python services

• Contribute to future design and architecture

• Plan work in an agile manner with other team members

Required Qualifications

• 5+ years of technology development experience and specifically 2+ years of experience in development of front-office derivatives risk systems. (Previous experience of working with SN and SP is a plus.)

• Ability to define relevant areas of the roadmap and articulate the vision to senior stakeholders, product owners and teams. 

• Excellent communication, collaboration, interpersonal skills and demonstrate the capability for juggling multiple competing priorities.

• Demonstrable experience of having designed and developed complex server-side functionality in Python

• Proficient in writing unit, integration, and acceptance tests

• Comfortable in an agile working environment

• Self-starter and proactive

Desired Qualifications

• Experience with Java and/or modern web UI technologies; HTML5, React, RESTful services, Websockets

• Derivatives Risk domain knowledge (Greeks and Scenarios)

• Equity Derivatives product knowledge (Futures, Options, Convertibles)

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 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$102,900.00 - $180,000.00 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.