Senior Engineer - Rates eTrading

Bank of America; City of Rochester (NY); Hybrid; USD 122,000 - 200,000; Full time

Job summary

Bank of America in New York is seeking a Senior Rates eTrading Development Lead to modernize front-office eTrading platforms for Rates across global desks. This hands-on technical leadership role focuses on low-latency design, real-time data, and scalable pricing workflows.

You will shape architecture, guide engineers and quants, implement CI/CD, and drive performance improvements, testing, and observability while collaborating with traders and tech partners in the region and beyond.

Qualifications

• Clear articulate communication skills and ability to break down problems analytically.

Responsibilities

• Defines the technology tool stack for the solution and evaluates new testing frameworks.
• Enables CI/CD capabilities and coordinates with stakeholders for efficient CI/CD pipelines.
• Guides teams on high-performance, low-latency design and best practices.
• Delivers end-to-end features for one or more teams at the program level.
• Conducts research and prototyping for release management and CI/CD improvements.
• Working with architects to translate high-level solution needs into technical requirements.
• Builds high-performance, low-latency components for fixed income eTrading and pricing workflows.
• Develops frameworks and core services for real-time order execution and auto-quoting.

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

Education

Bachelor Degree

Tools

Linux

Ansible Tower

Jenkins

Maven

Git/Bitbucket

Artifactory

Automation scripting

Job description

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!

Profile Summary

A Senior Rates eTrading Development Lead is required to modernize and expand our front office eTrading platforms that support Rates products across multiple lines of businesses globally. This is a hands-on technical leadership role that will bring expertise in software engineering best practices, architecting and building low latency D2C and D2D algos, market data connectivity, execution workflows, internalization, and pricing. This role will help lead the technical architecture and delivery of strategic initiatives that span across business enablement/growth, platform modernization, stability, performance, and innovation. The candidate will have deep experience in front-office eTrading systems and be a key partner to tech management, software engineers, quantitative analysts, and traders.

Responsibilities

• Ensures that the design and engineering approach for complex features are consistent with the larger portfolio solution
• 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
• Provides end-to-end delivery of complex features, including automation, for either a single team or multiple teams, at the program level
• Conducts research, design prototyping and other exploration activities such as evaluating new toolsets and components for release management, CI/CD, and features
• Works with stakeholders to establish high-level solution needs and with architects for technical requirements
• Build high-performance, low latency components for fixed income eTrading and pricing workflows.
• Developing frameworks and core services to enable real-time order execution, auto-quoting, algo engines, pricing services, collaborating with quant and algo teams.
• Champion best development practices including agile iterative development, pairing, code reviews, CI/CD, automated testing, loosely coupled interface design, disciplines and principles for scalability and re-use.
• Refactor and modernize existing code and improving performance, design, and observability metrics of existing and new components
• Working with technology partners and business groups in the region and globally
• Work with the management, horizontal teams, and stakeholders to help define and deliver the strategic roadmap.
• Work with engineers, production support staff, and traders

Required Qualifications

• Clear articulate communication skills - Ability to communicate ideas, design, and architecture principles. Thrives in a collaborative environment and is able to break problems down analytically to work through solutions.
• Hands on Java development and technical leadership experience is a must-have with demonstrated ability to design and implement the architecture, development, and deployment.
• Experience as a lead software engineer building electronic trading solutions
• Ability to work in a team-oriented setting
• Organized and able to prioritize effectively across workstreams
• Highly experienced in leveraging platforms for development including Linux, Ansible Tower, Jenkins, Maven, Git/Bitbucket, Artifactory, automation scripting
• High proficiency in data architecture, schemas, and data workflows
• Strong experience in software engineering real-time trading system design principles
  • - message-driven, event based architecture, TCP, UDP, Multicast
  • - low latency performance and scaling
  • - multithreading
  • - service oriented interface driven architecture
  • - object oriented design

Desired Qualifications

• Experience working in Fixed Income eTrading technology domain specializing in the D2C & D2D electronic execution, algo, pricing systems is a strong plus
• Experience integrating with APIs and workflows from venues such as CME, Bloomberg, Tradeweb
• Experience with FIX, FpML protocols
• Experience in algo system design and controls, including kill switches, limits, simulating scenarios, and metrics reporting
• Knowledge of fixed income products such as government bonds, interest rate swaps, futures is a strong plus but not required if you've worked on other traded products/systems like Equities or FX
• Experience with real-time pricing systems and analytic library integration used to compute bond or swap prices, yields, dv01, and other market relevant analytics
• Experience in trading system re-design migration projects is a big plus
• Engineering, Science, Math, or similar degree

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

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$122,000.00 - $200,000.00 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.