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Bank of America Architect - Equity Linked Technology (ELT) team in New York, New York

Architect - Equity Linked Technology (ELT) team

New York, New York

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. 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!

Job Description:

This job is responsible for defining an architectural vision and solution aligned to the enterprise architecture strategy, technology, and platform choices. Key responsibilities include describing the solution intent/associated operating environment, evaluating system impacts, determining the primary systems/sub-systems and their interfaces, and assisting with end-to-end solution design. Job expectations include defining non-functional requirements/architectural runway to support new epics/features and ensuring solutions are fit for purpose by working with stakeholders and service providers.

LOB Specific Summary

Architect within the Equity Linked Technology (ELT) team assists in the front to back design, development, testing, and production support of Structured Products Platform. The role will require working closely with the business users, BA/PM/QA, other development and support teams to play a critical role in the AGILE delivery of enhancements for our business which enable responsible growth. The candidate must be a professional software engineer with a proven track record of delivering high quality technical solutions for complex business requirements. This candidate should have an analytical mind allowing him/her to identify alternate solutions, which may otherwise be overlooked. Strong written and verbal communication skills are required in our extensive cross-team collaboration and business interaction. ELT is part of Global Markets Technology, with global presence in AMRS, EMEA, and APAC. We are a diverse team of experienced developers, business analysts, and QA authorities working closely with the line of business. Our team develops a next-generation platform in support of equity structured note business.

Responsibilities:

  • Consults with the business and operations to identify and understand challenges and opportunities to improve the use and effectiveness of technology, find creative solutions through knowledge of the domain, practical experiments, and Proof of Concepts, and aligns the solution intent and architectural vision to an evolving backlog of technology change

  • Works with product management and other stakeholders to plan and prioritize technology focused backlog items for the architecture runway to enable business epics/features

  • Performs design and code reviews to ensure all non-functional requirements for a solution are sufficiently met (for example, security, performance, maintainability, scalability, usability, and reliability)

  • Leads rapid shaping of a high level architecture with details filled in with emerging business requirements and ensures architecture is flexible, modular, and designed to adapt easily

  • Educates team members on the technology practices, standardization strategies, and best practices to create innovative solutions

  • Clarifies the architecture and assists with system design for the development teams to support implementation and provides solution options to resolve any architectural impediments

  • Utilizes the defined best practices, templates, and documentation to create architectural designs and suggests improvements to best practices and templates

Required Qualifications

  • Proficient in python, fundamental software development concepts and algorithms

  • Strong communication skills in verbal and writing

  • Practical experiences with Agile development

Desired Qualifications

  • Understanding of relational databases (e.g, oracle).

  • Understanding of object databases. javascript.

  • Understanding of financial concepts and instruments

Skills:

  • Analytical Thinking

  • Architecture

  • Result Orientation

  • Solution Design

  • Technical Strategy Development

  • Application Development

  • Collaboration

  • Data Management

  • DevOps Practices

  • Risk Management

  • Agile Practices

  • Automation

  • Influence

  • Solution Delivery Process

  • Test Engineering

Minimum Education Requirement - Bachelor Degree or Equivalent Work 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

$103,700.00 - $162,600.00 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.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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