Software Engineer III - AMRS Linear Rates Technology team

Bank of America; New York (NY); On-site; USD 103,000 - 180,000; Full time

Job summary

Bank of America is seeking a Python-focused Front Office Rates Developer in New York. You will work closely with Traders, Risk Managers, and technology teams to deliver front-to-back risk and P&L solutions for a trading desk environment.

The role requires hands-on experience with Risk platforms and pricing engines, strong Python skills, and a solid background in Agile practices. Expect collaboration across multiple teams in an in-office setting with competitive compensation.

Qualifications

• Extensive software engineering experience in Financial Services.
• Deep knowledge of Risk Systems, Trading Platforms or Pricing Engines in Rates or Fixed Income.
• Strong understanding of front office workflows.
• Fluency in OO or Functional languages including Python, C#, Java, or C++.
• Experience with Agile environments (SCRUM, Kanban) and CI/CD.

Responsibilities

• Code solutions and unit test per acceptance criteria and compliance requirements.
• Design, develop and modify architecture components and interfaces.
• Mentor engineers and promote CI/CD practices and automation.
• Refine stories, define requirements, and estimate work for delivery.
• Perform spike/POC to mitigate risk or explore new ideas.
• Automate manual release activities.
• Develop and maintain automated test suites.

Skills

Python

C#

Java

C++

OO/Functional

Agile/CI

Front Office

Risk/PNL

Communication

Problem Solving

Education

Bachelor Degree or Equivalent Professional Experience

Tools

SecDB

Athena

Quartz

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!

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: Python-focused Front Office Rates Developer required with hands‑on experience delivering Risk and P&L solutions for a trading desk environment. Senior Developer primarily required to handle requirements coming from the AMRS Linear Trading Desk. Working closely with the Traders, Risk Managers and existing technology team, they will collect requirements, design solutions and deliver front to back. Key areas of focus will be Intraday and End of Day Risk and P&L explains.

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)

Required Qualifications:

• Extensive experience in software engineering, with a strong track record in Financial Services (ideally front office technology).
• Deep knowledge of Risk Systems, Trading Platforms or Pricing Engines within Rates or similar Fixed Income asset classes.
• Strong understanding of front office workflows.
• Fluency in OO or Functional languages including but not limited to Python (preferred), C#, Java, or C++.
• Track record of success working in Agile environments (e.g. SCRUM, Kanban) and continuous integration.
• Excellent problem solving and analytical skills in a high‑pressure environment.
• Candidate must be a strong team player with excellent communication skills, comfortable in communicating with business users.

Desired Qualifications:

• 2+ years of relevant work experience in similar environment
• Degree in Computer Science, Physics, Engineering, Mathematics, or relevant analytical degree.
• Experience with large scale risk platforms such as SecDB, Athena, or Quartz.

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 Requirement:

• Bachelor Degree or Equivalent Professional Experience

Shift: 1st shift (United States of America) Hours Per Week: 40

Pay and benefits information

Pay Transparency details US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)

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.

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi‑facited approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

Join us!

Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion Each employee brings unique skills, background and opinions.

We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values Learn about our four values that represent what we believe.

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency