Software Engineer III - Risk Horizontal 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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.

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.