Software Engineer III

Bank of America Corporation; Greater London; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Private healthcare

Pension plan

Childcare support

Flexible benefits

Wellbeing account

Employee Assistance Program

Matching gifts

Arts & Culture access

Volunteering opportunities

Job summary

Bank of America Corporation’s Electronic Trading Technology (ETT) group in the UK develops low-latency trading solutions, including FIX connectivity and smart order routing. The ETT team works across regions to roll out next-gen platforms handling high volumes of market data and client flow.

The role focuses on delivering core framework changes, collaborating with quantitative traders, and guiding juniors through the development lifecycle, with an emphasis on high-quality, low-latency systems.

Qualifications

• Excellent communication skills.
• In-depth understanding of core Java APIs (collections, concurrency, NIO).
• Understand and have experience with multithreaded systems, working knowledge of the Java garbage collector, familiar with low latency I/O.
• Understanding of and experience with design patterns (Observer, Factory, Singleton).
• Development practices you will be able to use test driven development and be familiar with UML and OO design. Should have experience with Eclipse or IntelliJ, GIT, continuous build servers and Maven / Gradle.

Responsibilities

• Delivery of key functional changes to the ETT strategy engines.
• Delivery of core framework-level changes.
• Interaction with quantitative trading group / quantitative traders to capture core requirements.
• Being involved with all aspects of the development lifecycle (gathering requirements, developing code, writing unit tests, reviewing patches, performing 2nd level support).

Skills

Java API

Multithreading

Design patterns

TDD

UML

Eclipse

IntelliJ

Git

Maven/Gradle

Mentoring

Tools

Eclipse

IntelliJ

Git

Maven/Gradle

Job description

The Electronic Trading Technology (ETT) team supports the Electronic Trading business in the Global Markets and Investment Banking Group. The team provides innovative solutions for low touch, low latency trading, which includes FIX connectivity, low latency market connectivity, smart order routing, algorithmic trading and internal crossing. The ETT team is a global team with a presence in every region (AMRS, EMEA and APAC). We aim to maintain a global perspective while recognizing and responding to specific regional requirements that make each market unique. The EMEA Electronic Trading Technology (ETT) team is a vibrant team of experienced developers, business analysts and QA experts working very closely with the business group. The team supports an existing fully featured Electronic Trading product set and is also actively rolling out the next generation Electronic Trading platform. The next generation program is a sizeable investment in ensuring that the business is ready for handling higher volumes of market data and customer flow efficiently.

Responsibilities

• Delivery of key functional changes to the ETT strategy engines
• Delivery of core framework-level changes
• Interaction with quantitative trading group / quantitative traders to capture core requirements.
• Being involved with all aspects of the development lifecycle (gathering requirements, developing code, writing unit tests, reviewing patches, performing 2nd level support)

Benefits

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America: Good conduct and sound judgment is crucial to our long-term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Requirements

• Excellent communication skills
• In depth understanding of core Java API's (collections, concurrency, NIO)
• Understand and have experience with multithreaded systems, working knowledge of the Java garbage collector, familiar with low latency I/O.
• Understanding of and experience with design patterns (Observer, Factory, Singleton)
• Development practices you will be able to use test driven development and be familiar with UML and OO design. Should have experience with Eclipse or IntelliJ, GIT, continuous build servers and Maven / Gradle.
• Be able to work with and help more junior members as well as take technical direction from the team lead.
• Can demonstrate ability to work in a multi-faceted role (development with some testing, support and analysis.)

Skills that will help

• Understanding of benchmark algo and/or smart routing strategies (VWAP, TWAP, Arrival Price)
• Experience working with agile methodologies.
• Demonstrable experience of front office system design and architecture (algo trading plant and topology)
• Business Knowledge - Understanding of equities and/or derivatives markets.
• Knowledge of FIX (heartbeating, login, sequence numbers, message types)

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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!