Principal Engineer

Bank of AmericaJersey City, NJ
$156,500 - $230,000Onsite

About The Position

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! This job is responsible for defining and leading the engineering approach for solutions at the program or portfolio level, to deliver significant business outcomes. Key responsibilities include continuously improving the design, quality, and reuse of the solution and delivering technology enablers that improve development efficiencies for the solution. Job expectations include familiarity with at least one area of engineering, acting as a “go to” reference across the organization, and applying knowledge to improve technical competencies through recruitment and development activities.

Requirements

  • 10+ years of experience in data management and technology leadership within capital markets.
  • Strong knowledge of data warehousing technologies and best practices.
  • Hands-on experience with relational databases (Oracle, Sybase, or SQL Server).
  • Familiarity with Big Data and NoSQL technologies and ability to design fit-for-purpose architectures.
  • Expertise in data modeling, schema design, indexing, and query optimization for high-performance environments.
  • Proven ability to lead global teams and deliver complex, large-scale data initiatives.
  • Excellent communication, stakeholder management, and leadership skills.
  • Understanding of front office, risk, finance, and regulatory data requirements across multiple asset classes.
  • Proficiency and/or knowledge of modern data technologies including Snowflake, Databricks, and cloud platforms such as AWS and Azure.
  • Competency with Python and/or Java.
  • Knowledge of APIs and microservices architecture for scalable and modular system design.

Nice To Haves

  • 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

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
  • Creates ideas on designing complex technology and solution development approaches
  • 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 ranged of internally approved and supported technologies
  • Explores state-of-the-art technologies to improve development efficiencies, quality of test/QA coverage, and release management
  • Leads and is responsible for the end-to-end test strategy/creation/adherence, and the integration between teams for a program/portfolio solution

Benefits

  • access to paid time off
  • resources and support to our employees
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