Principal Engineer - Stablecoin

Bank of America; Charlotte (NC); On-site; USD 156,500 - 230,000; Full time

Benefits offered by this job

Annual discretionary award based on performance

Industry-leading benefits

Access to paid time off

Job summary

Bank of America is seeking a Lead Engineer for its Stablecoin solutions in Charlotte, NC. The role involves defining the engineering approach, developing complex features, and delivering innovative technology solutions within the payments ecosystem. Candidates should have extensive experience in blockchain application development, strong knowledge of Web3 protocols, and proficiency in programming languages such as Solidity and Rust. This full-time position offers a competitive salary range of $156,500.00 - $230,000.00 and comprehensive benefits.

Qualifications

• Experience with design and development of secure and scalable financial blockchain applications and smart contracts.
• Must have a deep understanding of Web3 Protocols.
• Experience building decentralized applications on platforms like Ethereum, Solana, or Hyperledger.
• Design and develop smart contracts using Solidity, Rust, or other blockchain programming languages.
• Implementation experience with cryptography and token standards.
• Building and optimizing DLT for performance and security.
• Experience conducting code reviews and security analysis.

Responsibilities

• Develops the engineering approach for implementing Stablecoin solutions.
• Leads the planning and design of complex features spanning multiple teams.
• Defines the technology tool stack for solution development.
• Guides teams on high code performance.
• Leads design of secure blockchain applications.

Skills

Automation

Influence

Result Orientation

Stakeholder Management

Technical Strategy Development

Application Development

Architecture

Business Acumen

Risk Management

Solution Design

Agile Practices

Analytical Thinking

Collaboration

Data Management

Solution Delivery Process

Tools

Truffle

Hardhat

Remix

Web3.js

Ethers.js

Terraform

Job description

Position Summary

This job is responsible for defining and leading the engineering approach for Bank of America’s Stablecoin solutions, including complex features to deliver significant business outcomes. Key responsibilities of the job include delivering complex features and technology, enabling development efficiencies, providing technical thought leadership based on conducting multiple software implementations, and applying both depth and breadth in a number of technical competencies. Additionally, this job is accountable for end‑to‑end solution design and delivery.

Responsibilities

• Develops the engineering approach for the entire program/portfolio solution and works with Architecture, to develop/analyze/deliver the implementation of technical enablers
• Leads the planning, definition, and design of the complex features which span multiple teams and explore solution alternatives
• Leads the technical oversight for teams in solution development including design reviews and code within own domain
• Defines the technology tool stack for the solution within range of internally approved and supported technologies
• Ensures that the Stablecoin design and engineering approach for complex features are consistent with the larger payments ecosystem
• Define the technology tool stack for the solution and evaluate and adapt new testing tool/framework/practices for team(s)
• Enables team(s)/applications with Continuous Integration/Continuous Development (CI/CD) capabilities and engages with other technical stakeholders pertaining to efficient functioning of CI‑CD pipeline
• Guides and influences team(s) on design and best practices for high code performance -e.g. pairing, code reviews
• Lead the design and development of secure, scalable financial blockchain applications, with a focus on stablecoin issuance, lifecycle management, and settlement use cases.
• Define end‑to‑end blockchain architectures leveraging deep expertise in Web3 protocols, distributed ledger technology (DLT), and decentralized system design.
• Design, develop, and maintain production‑grade smart contracts using languages such as Solidity, Rust, or equivalent, aligned with banking‑grade controls.
• Implement and extend token standards (e.g., ERC‑20, ERC‑721, ERC‑1155) and integrate with DeFi primitives and protocols where applicable

Required Qualifications

• Experience of design and development of secure and scalable financial blockchain applications and smart contracts
• Must have a deep understanding of Web3 Protocols
• Experience building decentralized applications on platforms like Ethereum, Solana, or Hyperledger
• Design and development with smart contracts using Solidity, Rust, or other blockchain programming languages
• Implementation experience with cryptography (e.g., public/private key systems, hashing algorithms), token standards (e.g. ERC20, ERC721 etc.) and DeFi protocols
• Building and optimizing DLT for performance and security
• Optimization of smart contracts for gas efficiency and performance
• Experience of conducting code reviews, audit and security analysis to identify and mitigate vulnerabilities
• Integrating blockchain solutions with external systems, such as oracles (e.g., Chainlink), existing infrastructure or APIs
• Track record of collaborating with business product SMEs, architects, developers, and other stakeholders to deliver production ready solutions

Desired Qualifications

• Familiarity with tools like Truffle, Hardhat, Remix, Web3.js, or Ethers.js
• Experience with DevOps tools including Terraform
• Knowledge of emerging blockchain trends, protocols, and experience with layer‑2 scaling solutions

Skills

• Automation
• Influence
• Result Orientation
• Stakeholder Management
• Technical Strategy Development
• Application Development
• Architecture
• Business Acumen
• Risk Management
• Solution Design
• Agile Practices
• Analytical Thinking
• Collaboration
• Data Management
• Solution Delivery Process

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency details

US - CA - San Francisco - 315 Montgomery St - 315 Montgomery (CA5704), US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101), US - WA - Seattle - 401 Union St - Rainier Square (WA1510)

Pay and Benefits

Pay range: $156,500.00 - $230,000.00 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.

Legal restrictions

The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC, FINRA.