Lead Software Engineer, Payments Modernization

Bank of America • Jersey City, NJ

1d • $122,000 - $200,000 • Onsite

About The Position

This role is responsible for providing technical leadership and defining the engineering strategy for complex, business-critical initiatives that deliver significant organizational outcomes. We are seeking a highly experienced and technically proficient Lead Engineer to drive the architecture, design, and delivery of a next-generation wire payment processing platform. This role combines technical leadership, solution architecture, and team leadership, requiring deep expertise in modern technologies and payment systems. The Lead Engineer will provide technical direction to multiple cross-functional teams, mentor engineers, establish engineering best practices, and ensure successful delivery of strategic business initiatives. The ideal candidate will have extensive experience leading teams building enterprise-scale solutions using Java, Node.js, Oracle, Kafka, RabbitMQ, and cloud platforms (AWS, Azure, or GCP). Familiarity with the Finacle core banking platform is a significant plus. This role serves as a key technical leader, partnering with business stakeholders, architects, product teams, and engineering leadership to define technology strategy, influence roadmaps, and deliver scalable, resilient, and high-performing solutions.

Requirements

• 10+ years’ experience with the below:
• Strong payment platform experience
• Domain expertise in payment systems including Wire, ACH, RTP.
• Knowledge of ISO 20022 messaging standards.
• Ensuring compliance with industry standards and regulations
• Collaborating with clients and internal teams to gather requirements and develop solutions
• Optimizing existing cloud infrastructures for performance and cost-efficiency
• Hands-on experience deploying applications on AWS cloud using native services such as EC2, ECS/EKS, Lambda, S3, RDS, DynamoDB, and API Gateway.
• Strong knowledge of Infrastructure as Code (IaC) using AWS CloudFormation or Terraform.
• Experience integrating CI/CD pipelines with AWS services (e.g., CodePipeline, CodeBuild, CodeDeploy).
• Ability to design secure and compliant cloud architectures leveraging AWS IAM, encryption, and monitoring best practices.
• Proven experience in optimizing cloud infrastructure for scalability, performance, and cost-efficiency.
• Providing technical leadership and mentoring to team members
• Recent experience tackling complex challenges in distributed data systems using Java (Enterprise Edition), Oracle SQL, and Python.
• Experience using Java/J2EE technologies to develop scalable enterprise-grade applications, libraries, and frameworks.
• Designed and developed solution architecture to scale backend systems with Spring framework, Spring MVC, and RESTful APIs.
• Hands-on experience with messaging systems like Kafka and RabbitMQ.
• Utilized DevOps technologies for CI/CD including Ansible, Jenkins, JFrog, and Git.
• Designed and implemented database development on Oracle Exadata.
• Proven experience in leading and mentoring a team of engineers.
• Strong understanding of software development, testing, deployment, and support using agile methodologies.
• Expert-level proficiency in Java Enterprise Edition and related frameworks (e.g., Spring, Hibernate) and advanced SQL.
• Excellent written and verbal communication skills.
• Ability to write specifications and design documents.

Nice To Haves

• Exposure to event-driven architecture and distributed systems.
• Understanding of regulatory and compliance requirements in financial services.
• Experience with observability tools like Splunk, Prometheus, and Grafana.
• Knowledge of financial products data such as Equities, Fixed Income, and Derivatives.
• Agile/Scrum certification or experience working in agile environments.
• AWS Certification (Solutions Architect, Developer, or DevOps Engineer).
• Familiarity with serverless computing (AWS Lambda) and container orchestration (EKS/ECS).
• Experience with event-driven architecture using AWS SNS/SQS.
• Knowledge of AWS observability tools like CloudWatch and X-Ray.
• Understanding of multi-region disaster recovery strategies and data migration to AWS.
• Familiarity with the Finacle core banking platform

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
• Drive the architecture, design, and delivery of a next-generation wire payment processing platform
• Provide technical direction to multiple cross-functional teams
• Mentor engineers
• Establish engineering best practices
• Ensure successful delivery of strategic business initiatives
• Partnering with business stakeholders, architects, product teams, and engineering leadership to define technology strategy, influence roadmaps, and deliver scalable, resilient, and high-performing solutions

Benefits

• Access to paid time off
• Resources and support to our employees
• Discretionary incentive eligible
• Annual discretionary award based on individual performance, line of business performance, and overall company success.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed