Software Engineer III - GBS IND

Bank of America; Mumbai; On-site; INR 1,600,000 - 2,200,000; Full time

Job summary

Bank of America in India seeks a senior Application Developer for Market Risk Technology to work on next-generation Big Data processing and reporting. This role is embedded in Global Markets Technology & Operations and offers opportunities to impact risk management platforms.

You will participate in end-to-end lifecycle, coordinate with QA/Support during releases, and support UAT and Production Release cycles in a high‑visibility environment at Mumbai/Chennai.

Qualifications

• BE/B Tech/MCA with 9-12 years of experience.
• Strong Python experience (5+ years) with multi-threading and ORM.
• Experience with Django or Flask, UNIX scripting, and SQL on Relational databases.

Responsibilities

• Understand end-to-end process of the application and Market Risk initiatives.
• Collaborate with QA and Support to follow release procedures.
• Engage with Business Analysts during UAT and support UAT.
• Support Production Release cycles with the production team.

Skills

Python

Django/Flask

UNIX scripting

SQL

Unit testing

Git/Mercurial/SVN

Education

BE/B Tech/MCA

Tools

Git

Mercurial

SVN

Job description

Job Description: About Us 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’s 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!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview

Global Markets Technology & Operations provides end-to-end technology solutions for Global Markets businesses including Equities, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives and Structured Products. Across all these products, solutions include architecture, design, development, change management, implementation and support using various enterprise technologies. In addition, GMT&O provides Sales, Electronic Trading, Trade Work Flow, Pricing, Market Risk, Middle office, Collateral Management, Credit Risk, Post-trade confirmation, Settlement and Client service processes for Trading, Capital Markets, Wealth Management businesses. Increased demand for integrated and streamlined risk management solutions has resulted in a number of initiatives. The initiatives span across Market Risk Regulatory Reporting, VaR analysis, Limit Management, Issuer and Counterparty Risk management.

Job Description

A senior developer for an Application Developer position in Market Risk Technology, working on next-generation Big Data Processing, Administration, and Reporting suite of applications.

Responsibilities

Have a good understanding of the E2E process of the application Have a good understanding of all aspects of Market Risk set of applications/initiatives that span across Market Risk Regulatory Reporting, VaR analysis, Limit Management, Issuer and Counterparty Risk management. Work with the QZ and Support groups to adhere to the release procedures Work with the Business Analysts during the UAT phase and support the UAT Work with the Production Support Team during the Production Release cycle and provide support for the release

Requirements

Education : BE/B Tech/MCA Certifications If Any - NA Experience Range: 9 - 12 years

Foundational skills

A strong experience on Python 5+ years of Python experience(Multi Threading, ORM libraries, Web framework[DJango/Flask] UNIX programming and shell scripting Good SQL experience with Relational database[Sybase/Oracle] programming Strong unit test and debugging skills Proficient understanding of code versioning tools {such as Git, Mercurial or SVN}

Desired skills

Financial Services Industry experience Experience developing Risk-related systems, especially Market Risk

Work Timings: 11:00AM to 8:00PM Location: Mumbai/Chennai

Job Description: About Us 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’s 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!

Partnering Locally

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Global Impact

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Opportunity and Inclusion

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