Software Engineer III - Python

Bank of America; Chicago (IL); On-site; USD 103,000 - 180,000; Full time

Benefits offered by this job

Discretionary incentive program

Job summary

Bank of America in Chicago is seeking an experienced software engineer to develop and deliver complex requirements for the FX post-trade platform. You'll design, Python-based services and microservices, ensuring low latency, high availability, and compliant solutions across trading and regulatory systems.

The role demands strong Python skills, 10+ years of experience, and a track record of building enterprise-grade distributed systems in an Agile environment.

Qualifications

• 10+ years of relevant application development work.
• Strong hands-on Python development experience.
• Experience developing scalable, enterprise-grade distributed systems.
• Knowledge of object-oriented design, data structures, algorithms, and software engineering best practices.
• Experience with relational databases and SQL.
• Familiarity with Linux/Unix environments.
• Excellent verbal and written communication skills.
• Ability to work effectively in a fast-paced Agile development environment.
• Experience supporting mission-critical production systems.

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 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)
• Design, develop, test, and support Python-based applications and microservices within the FX Post Trade platform.
• Build and maintain highly available, low-latency, and high-volume trade processing systems.
• Implement trade capture, booking, validation, workflow orchestration, and lifecycle management solutions for FX products.
• Participate in the modernization and migration of legacy trade processing platforms to strategic architectures.
• Develop APIs, messaging, and event-driven integration solutions across trading, risk, operations, and regulatory systems.
• Analyze and resolve production issues while ensuring platform stability and performance.
• Collaborate with business analysts, developers, QA engineers, and production support teams across global locations.
• Support regulatory, audit, and operational reporting requirements through reliable trade and lifecycle data management.
• Contribute to system design, architecture reviews, and technical governance initiatives.
• Drive automation, operational efficiency, and continuous improvement across the platform.

Skills

Application Development

Automation

Collaboration

DevOps Practices

Solution Design

Agile Practices

Architecture

Result Orientation

Solution Delivery

Process

User Experience Design

Analytical Thinking

Data Management

Risk Management

Technical Strategy Development

Test Engineering

Education

Bachelor's degree or equivalent work experience

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, recognising 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. The FX Post Trade Trade Capture & Lifecycle Management team is responsible for building and supporting strategic post-trade processing platforms for Foreign Exchange products across Bank of America. The team develops highly scalable, low-latency, and resilient solutions that provide trade capture, lifecycle management, workflow orchestration, risk management, and straight-through processing (STP) capabilities. The role involves designing and developing Python-based applications and services that support global FX trading operations, regulatory reporting, and operational risk reduction while driving the modernization of legacy platforms.

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)
• Design, develop, test, and support Python-based applications and microservices within the FX Post Trade platform.
• Build and maintain highly available, low-latency, and high-volume trade processing systems.
• Implement trade capture, booking, validation, workflow orchestration, and lifecycle management solutions for FX products.
• Participate in the modernization and migration of legacy trade processing platforms to strategic architectures.
• Develop APIs, messaging, and event-driven integration solutions across trading, risk, operations, and regulatory systems.
• Analyze and resolve production issues while ensuring platform stability and performance.
• Collaborate with business analysts, developers, QA engineers, and production support teams across global locations.
• Support regulatory, audit, and operational reporting requirements through reliable trade and lifecycle data management.
• Contribute to system design, architecture reviews, and technical governance initiatives.
• Drive automation, operational efficiency, and continuous improvement across the platform.

Required Qualifications

• 10+ years of relevant application development work.
• Proficiency in programming language(s) required for the role.
• Strong hands‑on experience with Python development.
• Experience developing scalable, enterprise‑grade distributed systems.
• Knowledge of object-oriented design, data structures, algorithms, and software engineering best practices.
• Experience with relational databases and SQL.
• Familiarity with Linux/Unix environments.
• Strong analytical, troubleshooting, and problem‑solving skills.
• Excellent verbal and written communication skills.
• Ability to work effectively in a fast‑paced Agile development environment.
• Experience supporting mission‑critical production systems.

Desired Qualifications

• Experience in Capital Markets, Foreign Exchange (FX), or Electronic Trading platforms.
• Knowledge of STP trade processing, trade lifecycle management, and post‑trade operations.
• Experience with event-driven architectures or messaging middleware.
• Exposure to cloud-native technologies, containerization.
• Understanding of regulatory reporting and financial market controls.
• Experience with workflow orchestration frameworks and service-oriented architectures.
• Knowledge of CI/CD pipelines, DevOps practices, and test automation.
• Familiarity with trade booking, risk, settlements, and lifecycle processing flows.
• Experience working with globally distributed teams and stakeholders across Trading, Operations, Product, and Technology organizations.

Skills

• Application Development
• Automation
• Collaboration
• DevOps Practices
• Solution Design
• Agile Practices
• Architecture
• Result Orientation
• Solution Delivery
• Process
• User Experience Design
• Analytical Thinking
• Data Management
• Risk Management
• Technical Strategy Development
• Test Engineering

Minimum Education Requirement

Bachelor’s degree or equivalent work experience.

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency

Pay Transparency details US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540) Pay and benefits information Pay range $102,900.00 - $179,900.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary Incentive

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-faceted 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